With the continuous good news, US presidential candidate Harris has also publicly stated that if she is successfully elected president, she will help the investment growth in the fields of AI and cryptocurrency. The total market value of the crypto market has once again rebounded to above $2.2 trillion. Recently, the total daily trading volume of the crypto market spot market has exceeded $80 billion, more than doubled from the lowest point of $40 billion in June.
In terms of on-chain data, the total market value of stablecoins has exceeded $172.2 billion, setting a new high since May 2022, with a weekly increase of more than 0.5%. CryptoQuant CEO Ki Young Ju posted on social media that "institutions are no longer shorting Bitcoin aggressively. In the past 5 months, the net position of CME futures has fallen by 75%."