Recently, the cryptocurrency market dynamics have been frequent, with Galaxy Digital withdrawing 250 Bitcoins from Binance, indicating market attention due to fund outflows. Arthur Hayes predicts that if the Trump administration implements quantitative easing policies, the price of Bitcoin could rise to $1 million, and this optimistic expectation may drive market sentiment positively. Additionally, the entire cryptocurrency market has seen a rise, especially the AI sector, which increased by 10.48%, demonstrating the impact of emerging technologies on the market. Meanwhile, Ethereum network transaction fees surged to 0.04 ETH, indicating increased network demand. However, Ethereum has recently issued over 350,000 ETH, raising concerns about its long-term value due to inflation since mid-April. Notably, the regulatory environment in financial markets is also gradually strengthening, and the tokenization regulations proposed by the European Financial Markets Association may bring new development opportunities to the market. BlackRock's IBIT fund inflows exceeded $760 million, showing institutional recognition of cryptocurrencies. With the UK planning to implement blockchain-based digital bonds within two years, a series of policy trends indicate market potential. Overall, the cryptocurrency market is expected to maintain a relatively strong growth trend under the influence of capital inflows and policy support. The current market shows slight upward fluctuations, requiring close attention to the impacts of policies, liquidity, and technological advancements.