Bitcoin Reclaims $80,000 But Something Doesn’t Add Up, Here’s What

Bitcoin has climbed back above $80,000 alongside a broad risk rally, but Singapore-based trading firm QCP Capital is urging caution — pointing to options market signals, a fragile macro backdrop, and an emerging pressure point in Japan that could tighten global liquidity before the next leg higher is confirmed. Related Reading: Toncoin Surges 60% As Durov Defends Telegram’s TON Push The catalyst for the recovery, according to QCP’s latest market update posted on X, was Trump’s pause on “Project Freedom” — the US-led operation guiding vessels through the Strait of Hormuz — after the administration cited “great progress” in talks with Iran. Markets read the move as a de-escalation signal. Oil sold off, equities climbed, and the dollar softened as traders began pricing ...