In the recent cryptocurrency market, Bitcoin's price has shown significant fluctuations, currently hovering around $89,000. Although it once fell below this threshold, the market still demonstrates a certain level of resilience. Remarks from U.S. Federal Reserve Bank official Kashkari have had a certain impact on the entire financial market; his views on the strong labor market have led investors to have concerns about future monetary policy, suggesting that rising inflation may affect the timing of interest rate cuts, further causing volatility in digital assets. At the same time, Bhutan, as the first country to hold a large amount of Bitcoin, now holds 13,000 coins, highlighting the increased recognition of cryptocurrency at the national level, which could affect market sentiment in the long run. Additionally, Ethereum's funding rate has risen to 6.1%, indicating an increased demand for the network. Overall, despite facing dual challenges from policy and market volatility, the cryptocurrency market still shows potential for a rebound. The current overall trend in the cryptocurrency market remains relatively optimistic, and investors should pay attention to policy changes and market dynamics.