QCP: Ethereum regains market attention, US-China trade talks make limited progress
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Planet News: QCP stated that Bitcoin briefly broke through $110,000 against the backdrop of resumed US-China trade negotiations, but market enthusiasm quickly waned due to a lack of substantive breakthroughs. Meanwhile, Ethereum is quietly regaining narrative dominance, with its implied volatility rising, option skew turning bullish, and ETF capital inflows being significant (2.81 billion dollars last week, 52.7 million dollars yesterday), indicating a resurgence of institutional investor interest. With the GENIUS bill advancing in the US Senate, Circle IPO discussions restarting, and stablecoin regulatory support, Ethereum may be approaching a structural upward opportunity in its role as a tokenization and settlement infrastructure.
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