#比特币对比代币化黄金 There are two key signals emerging in US cryptocurrency regulatory policy that could profoundly impact the market’s direction.

First, White House National Economic Council Director Hassett has sent a clear signal: the Federal Reserve is very likely to announce an interest rate cut at its next meeting. This shift in monetary policy implies improved expectations for market liquidity. Historically, easing cycles are often accompanied by capital flowing into risk assets, and as a high-beta asset class, cryptocurrencies typically benefit first.

Even more significant is that the US Commodity Futures Trading Commission (CFTC) has officially approved the trading of spot cryptocurrencies on regulated exchanges. This not only marks a substantial breakthrough in the compliance framework but also means that channels for participation by traditional financial institutions have been opened—cryptocurrencies are no longer speculative assets in a gray area, but are now legitimate instruments that can be included in compliant investment portfolios.

The combination of these two developments creates a rare “regulatory easing + monetary easing” double positive. In the short term, improved market sentiment may drive a rebound in major coins; in the longer term, the compliance process could reshape the entire industry’s valuation system.

$BNB $ETH

In the current environment, do you think Bitcoin will continue to lead due to its “digital gold” narrative, or will the Ethereum ecosystem seize the initiative with its application value? Or will some niche sectors experience unexpected explosive growth?