Why Is Crypto Stuck? QCP Analysts Break Down the Market

Bitcoin’s dominance now hovers around 60%, reaching a four-year high and signaling a clear power shift in the crypto market. This rise reflects a weakening trend among altcoins, including Ethereum, as they fail to sustain upward momentum.

One of the most notable developments stirring the crypto landscape is the $LIBRA controversy linked to Argentine President Javier Milei. Analysts suggest that this scandal could erode investor confidence in experimental projects and delay the much-anticipated altcoin and meme coin rally.

Crypto market volatility continues to ease, with 7-day realized volatility dipping to 36v, meaning price swings are becoming less dramatic. With no major catalysts driving movement, the market is now being steered by broader economic trends—rising inflation, tariff debates, fiscal deficits, and unpredictable political decisions.

What’s even more surprising is that, despite all these macroeconomic uncertainties, volatility indices are holding at their lowest levels. Bitcoin appears largely unfazed by recent bearish signals, and open interest remains flat, suggesting that traders are still sitting on the sidelines.

The latest QCP Group analysis points to a shift in the crypto options market, where speculation has taken a backseat to actual policy developments. Most investments are being placed in short-term trades with tight boundaries, suggesting that investors are playing it safe, unwilling to commit until clearer signals emerge.

Read on: GameStop May Join the Crypto Market—Through Bitcoin Investments