According to ChainCatcher, QCP Capital's latest report pointed out that under the influence of Trump's weekend speech, Bitcoin once tested $70,000, but fell more than 3,000 points to below $67,000 before and after the opening of the U.S. stock market. The recent large-scale transfer of the U.S. government may have had a negative impact on the market and exacerbated investors' concerns.

Compared to Bitcoin, Ethereum has performed relatively well. ETH/BTC has risen 5% since Trump's speech. Although the Ethereum spot ETF has seen outflows for the fourth consecutive day, market optimism about its performance is still rising. ETH's volatility premium relative to BTC has widened to about 8% from 4% last week, and the market may become immune to outflow data. When the Ethereum ETF achieves stable daily inflows, it may drive Ethereum prices to break through.