TechFlow, August 11 — QCP Capital posted on social media that BTC has broken above $122,000 and ETH rose over 21% in seven days to $4,300, as market focus shifts to Tuesday's US CPI data.
If inflation slows, it would strengthen expectations for a Fed rate cut in September and could push BTC to new highs. Despite strong upward momentum, traders are actively hedging against downside risks amid rising volatility. Whether BTC can break higher will depend on sustained inflows from institutional capital and spot ETFs.




