Odaily Planet Daily News QCP Capital's latest analysis points out that well-established cryptocurrencies have seen significant price increases in the past two weeks since 2021. XRP has broken through its historical high of $2 from February 2021, soaring 400% to $2.90 since November. During the same period, veteran projects like ADA, HBAR, and XLM recorded increases of 300%, 800%, and 600%, respectively, showcasing the strong momentum of traditional crypto assets. This round of price increases is mainly driven by two factors: first, Trump's proposal in November to eliminate capital gains tax on cryptocurrency issued by U.S. companies; second, potential pro-cryptocurrency cabinet candidates. Reports suggest that current Cantor Fitzgerald CEO Howard Lutnick may be appointed as Secretary of Commerce, as his company is currently in cooperation negotiations with Tether. Additionally, the SEC chair position may be taken over by pro-cryptocurrency Paul Atkins, succeeding current chair Gary Gensler. Although South Korea's implementation of martial law caused Bitcoin to drop to $93,500, the market's subsequent rapid rebound shows that current buying pressure is strong. The report indicates that while inflation concerns have compressed the expectation of three Federal Reserve rate cuts in 2025, and geopolitical risks from Trump regarding China, Mexico, Canada, and BRICS countries still exist, the cryptocurrency market is still expected to continue its upward trend. Analysts believe that with potential pro-cryptocurrency policies from Trump's team and the continued entry of institutional investors, the goal of Bitcoin breaking $100,000 and Ethereum reaching new historical highs is shifting from a dream to reality. Investors are advised to pay attention to the strong market momentum and seize investment opportunities.

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