According to Deep Tide TechFlow, on November 27, QCP Capital analysis pointed out that Ethereum performed strongly, while Bitcoin fell by 1.5%. The ETH/BTC exchange rate rebounded from 0.0318 to 0.0366.
U.S. President-elect Trump nominated Scott Bessent as Secretary of the Treasury, boosting market sentiment. The Dow Jones Industrial Average rose by 439 points to 44,860 points, an increase of 0.99%; the S&P 500 index broke through 6,000 points; the Nasdaq Composite Index rose by 0.75%.
Bessent proposed the 'Three Arrows' economic strategy, with goals including achieving a 3% budget deficit by 2028, 3% GDP growth, and an increase of 3 million barrels of oil per day.
