Recently, U.S. Treasury Secretary Yellen gave a positive evaluation of the high-level talks between China and the United States, emphasizing that the dialogue has been 'productive.' This statement quickly released a positive signal, and the capital markets sharply captured the favorable trend. Meanwhile, expectations for interest rate cuts by the Federal Reserve continue to rise, and the combination of these dual favorable factors is driving global capital to accelerate its layout.
From the perspective of market fund flow, institutional investors are showing a strong willingness to go long. Bitcoin ETFs continue to be a capital-raising tool, with the latest data showing that net inflows of funds reached nearly $1 billion in the past week, pushing Bitcoin's price firmly above the $108,000 mark. Mainstream cryptocurrencies represented by Ethereum (ETH) and Solana (SOL) are also starting to shine, with on-chain activity significantly increasing, indicating that the crypto market is expected to welcome a new round of trends.
With the dual support of a continuously improving policy environment and ample liquidity, the cryptocurrency market is at a critical stage of building momentum, and a bullish market in the second half of the year is worth looking forward to.
