QCP: Employment data stronger than expected but tariff effects pending, Strategy insists on increasing Bitcoin.

WuSaidBlockchainW · 2025-05-07T10:02:05+00:00

According to Wu, QCP Capital pointed out that despite the addition of 177,000 jobs in the U.S. non-farm payrolls in April, which was stronger than expected, and the unemployment rate remaining at 4.2%, the market is still wary of the lagging effects of tariff shocks. The S&P 500 index rose for ten consecutive days, recovering the losses from Liberation Day, as the market's focus returned to U.S.-China trade and The Federal Reserve (FED) policy direction. Although Strategy recorded its largest quarterly loss in history, it doubled its financing target related to Bitcoin to $84 billion, indicating a long-term positive outlook on BTC strategy.

WuSaidBlockchainW

2025-05-07 10:02:05

Wu reported that QCP Capital pointed out that despite the addition of 177,000 non-farm jobs in the U.S. in April, which was stronger than expected, and an unemployment rate holding steady at 4.2%, the market remains cautious about the lagging effects of tariff impacts. The S&P 500 index has risen for ten consecutive days, recovering from the drop on Liberation Day, with market focus returning to U.S.-China trade and The Federal Reserve (FED) policy direction. Although Strategy recorded its largest quarterly loss in history, it has nonetheless doubled its financing target related to Bitcoin to $84 billion, showing its long-term optimism regarding BTC strategies.

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