On November 13th, QCP Capital released a research report saying, "Bitcoin (BTC) has entered a new phase, solidifying its position as a treasury asset increasingly held by corporations, governments and institutions after approaching the $90,000 mark. Demand for Bitcoin ETFs hit a new record, and the market was hot, with huge inflows of $2.28 billion in three days. After last week's US election, Bitcoin ETFs attracted $1.80 billion in funds, and started the week strongly with another $1.10 billion in net inflows. Clearly, the market is adjusting to Bitcoin's new high, and demand has never been stronger. On the other hand, the activity of Meme Coin has also accelerated. DOGE skyrocketed on Tuesday night, continuing the post-election rally following Trump's announcement of the creation of the Department of Government Effectiveness ("DOGE"). Elon Musk and former Republican candidate Vivek Ramaswamy will lead the new department, which plans to "dismantle government bureaucracy, cut excess regulations, and streamline federal agencies". DOGE surged nearly 20% at one point, trading at $0.37 by morning and briefly touching $0.43. Since Election Day, DOGE has gained 153%, outperforming Bitcoin's 30% gain, and recently surpassed XRP to rank sixth in market capitalization. Today's focus is on the release of CPI and core CPI, which are expected to stabilize at 0.2% and 0.3% in October, with the annualized CPI expected to rise 2.6%. The market is pricing in the last rate cut for the December meeting with a 70% probability, but today's CPI data, the upcoming PCE data on November 27, and possible policy changes by Trump could all influence the Fed's final decision. "