Dragonfly partner Haseeb: Bitcoin combines gold and Nasdaq attributes

BlockBeats News: On April 6th, Haseeb Qureshi, Managing Partner of Dragonfly, published an article analyzing the current trend of the cryptocurrency market. He stated that the stability of Bitcoin prices may be due to its combination of gold and Nasdaq attributes - surviving in the midst of rising gold and falling technology stocks. The sustained buying momentum of MicroStrategy is also providing support. Haseeb stated that the market currently expects interest rate cuts and the resumption of quantitative easing, and as the most risky asset, altcoins are the first to benefit. In addition, unlike stocks and bonds, altcoins are not directly affected by tariffs. He also believes that last Friday, retail investors were buying at the bottom of the stock market, while institutional funds were flowing out; Due to the dominance of retail investors and the lack of significant fluctuations in funding, the price of altcoins remains firm.