QCP analysis indicates that established cryptocurrencies, which have been around since 2021, have shown remarkable gains over the past two weeks. XRP has surpassed its historical high of $2 from 2021, increasing by 400% since November, reaching a peak of $2.90. Other established cryptocurrencies like ADA, HBAR, and XLM have risen by 300%, 800%, and 600%, respectively. This round of increases is primarily driven by two major factors: firstly, Trump's proposal in November to eliminate capital gains taxes on cryptocurrency issued by U.S. companies; secondly, the potential support from cabinet candidates for cryptocurrencies. Current Cantor Fitzgerald CEO Howard Lutnick may take over as Secretary of Commerce, as his company is currently in negotiation with Tether. Meanwhile, the SEC chairman position may be filled by Paul Atkins, who supports cryptocurrencies. The report notes that although inflation concerns have compressed the Federal Reserve's interest rate cut expectations for 2025 to three times, and geopolitical risks from Trump regarding China, Mexico, Canada, and BRICS still exist, the cryptocurrency market is still expected to continue its upward trend.

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