Recent US policy developments have frequently sent positive signals to the market.

The Trump administration has rolled out several major measures this year to achieve economic goals. First, credit card interest rate regulation has been implemented, lowering the cap from 30% or even higher to 10%—a significant move for consumer spending and liquidity release. Second, large institutions are prohibited from acquiring single-family homes in large quantities, with the clear logic of directing funds toward risk assets like stocks and cryptocurrencies.

But that's not all. The government has also invested $200 billion to lower mortgage rates, with plans to reduce overall interest rates to 1% by 2026. Gasoline prices are also targeted—aiming to bring them down to $2 per gallon. There are even tariff "stimulus checks," providing $2,000 per person.

The goal of this combination of policies is very clear: to strongly boost asset prices. When liquidity is abundant and costs decrease, funds will naturally seek higher returns. The recent acceleration in hot spots within the crypto market indicates that the market is also anticipating all of this. A loose policy environment is generally long-term positive for risk assets, but specific to the crypto space, it still requires ongoing observation of macro data and policy implementation.