The Federal Reserve has remained 'on hold' for four consecutive times. After the news of no interest rate cut, the performance of the US stock market has diverged, with the Nasdaq slightly rising and the Dow closing lower. Stablecoin Circle surged by 33.82% against the trend. Domestic policy benefits have not stimulated the cryptocurrency market, which experienced fluctuations and reduced trading volume yesterday. It is expected that today's cryptocurrency market will continue to fluctuate, likely following the US stock market's speculation on stablecoins. Bitcoin and Ethereum are unlikely to break through in the short term without