QCP Capital stated that ETH performed strongly, rising over 4% yesterday, while BTC dropped by 1.5% during the same period. Market funds are gradually flowing into Ethereum, as evidenced by the performance of the ETH/BTC trading pair, which rose 13% yesterday, from a low of 0.0318 after the election to 0.0366. Meanwhile, ETH's increase significantly outperformed the overall performance of the CoinDesk 20 index, which only rose by 0.5%. The U.S. stock market hit a historic high following President Trump's nomination of Scott Bessent as Treasury Secretary, significantly boosting market sentiment. The Dow Jones Industrial Average rose by 439 points (+0.99%) to 44,860 points, the S&P 500 index broke through the 6,000-point mark, and the Nasdaq Composite Index increased by 0.75%. Additionally, Bessent proposed his 'Three Arrows' economic strategy for the U.S. economy: to keep the budget deficit under 3% by 2028, to increase the GDP growth rate to 3%, and to increase daily oil production by 3 million barrels.

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