QCP: Forex Volatility as Macro Warning "Canary in the Coal Mine," Market May See Directional Shift

BlockBeats News, May 6th, QCP Capital released a daily report stating that currently, the implied volatility of the crypto market is still suppressed, the short-term volatility skew is returning to neutral, and the spot price basically lacks a clear direction.

At the same time, the turbulence in the foreign exchange market echoes Monday's nearly 3% surge in gold prices. Investors are betting on a weaker dollar and beginning to price in geopolitical risk premiums, including potential U.S. trade diplomatic activities.

We may be heading for a round of volatility shock, where Bitcoin may decouple from the safe-haven logic of gold and realign with a broader range of risk assets;

In a market environment where correlations are gradually breaking down, the foreign exchange market may once again become the "canary in the coal mine" for macroeconomic risks.