TechFlow news: QCP Capital's latest report indicates that U.S. JOLTS job openings have dropped to the lowest level since January 2021, while the layoff rate has risen to its highest point since March 2023. The market reacted strongly, with expectations now pointing to 4.5 potential rate cuts in 2024 and a 50% probability of a 50 basis point cut in September.
Last night, Bitcoin spot ETFs saw net outflows at their lowest level in six trading days (-$37.5 million). QCP Capital expects volatility to remain elevated given yesterday's VMI signal.




