QCP: ETH rose strongly by 4%, and capital inflows pushed ETH/BTC up by 13%

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QCP Capital stated that ETH performed strongly, rising over 4% yesterday, while BTC fell 1.5% during the same period. Market funds are gradually flowing into Ethereum, as can be seen from the performance of the ETH/BTC trading pair, which rose 13% yesterday, from a post-election low of 0.0318 to 0.0366. At the same time, the increase in ETH significantly outpaced the overall performance of the CoinDesk 20 index, which only rose 0.5%. The US stock market hit a new all-time high after President Trump nominated Scott Bessent as Treasury Secretary, with market sentiment significantly improving. The Dow Jones index rose 439 points (+0.99%) to 44,860 points, the S&P 500 index broke through the 6,000-point mark, and the Nasdaq Composite index rose 0.75%. In addition, Bessent proposed his "three-arrow" economic strategy for the US economy: to keep the budget deficit under 3% by 2028, to raise the GDP growth rate to 3%, and to increase daily oil production by 3 million barrels.

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