#加密市场反弹 • Overall market rebound: The cryptocurrency market experienced dramatic fluctuations and innovations in 2024, including a surge in cryptocurrencies. In particular, the price of Bitcoin hit $100,000 for the first time, which is generally believed to be related to Trump's support. This shows that the market has increased confidence in digital currencies, which has positive significance for the stability and future growth of Bitcoin prices.

• ETF fund inflows: From July 3 to July 10, the net inflow of US Bitcoin spot ETFs was US$781 million, up 251.8% from the previous week, reflecting investors' continued interest in Bitcoin spot ETFs. The increase in fund inflows shows that the market has increased confidence in Bitcoin.

• Policy and market expectations: The third "Belt and Road" International Cooperation Summit Forum was held in Beijing. Green development and digital economy were the themes of the high-level forum, which is expected to form cooperation results that exceed expectations. This expectation also caused a collective surge in digital currencies.