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Victory Securities: Many analysts estimate that Bitcoin will break $100,000 before the end of the year, and the virtual asset market will usher in a new boom

Zhou Lele, deputy chief operating officer of Victory Securities, said that Trump's victory and the Federal Reserve's interest rate cut have injected new vitality into the cryptocurrency market and triggered a market boom. The consensus is to be optimistic about the virtual asset market after Trump takes office. Some institutions expect bitcoin prices to continue to rise, and many analysts estimate that bitcoin can break through $100,000 before the end of the year, ushering in a new boom in the virtual asset market. Exchange stablecoin inflows are about $4.50 billion, far exceeding the net inflow of bitcoin exchange-traded funds (ETFs) of $1.63 billion. The holdings of exchange contracts and CME contracts have reached a record high. The surge in capital inflows may indicate that there may be more investment opportunities in the future.