QCP Capital released a daily report saying that cryptocurrencies rose for the third consecutive day yesterday, with BTC testing $64,000 again and ETH back at $2,500. The rally was supported by strong inflows into BTC and ETH spot ETFs. Over the past two days, BTC ETFs recorded a net inflow of $250.30 million, while ETH ETFs recorded a net inflow of $8.10 million. With no major macroeconomic events taking place before this Friday, aside from the upcoming PCE price report, cryptocurrency prices are likely to take a breather here as enthusiasm for rate cuts fades. As of this morning, BTC has fallen below $63,000. In terms of options, front-end BTC volatility has declined by 6 points since yesterday's peak, and continues to decline as the market adjusts to the path of policy normalization.