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Dragonfly partner Haseeb: Bitcoin has both gold and Nasdaq attributes "

According to online reports, Haseeb Qureshi, managing partner of Dragonfly, issued an article analyzing the current trend of the crypto market. He said that Bitcoin prices remained stable, probably because it has both gold and Nasdaq attributes-"surviving in the middle of the gap" between gold's rise and technology stocks 'fall. MicroStrategy's continued buying efforts are also providing support. Haseeb said that the market is currently expecting interest rate cuts and the resumption of quantitative easing, and as the riskiest asset, altcoins are the first to benefit. In addition, unlike stocks and bonds, altcoins are not directly affected by tariffs. He also believes that retail investors were bargain-hunting on the stock market last Friday, while institutional funds were flowing out; since the altcoins are dominated by retail investors, the funds have not fluctuated significantly, so the price has remained firm.

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