Short-term pain, long-term clarity, I know this script well.

This week, the cryptocurrency market experienced a net outflow of $920 million, with short-term trends still dragged down by macroeconomic factors. Higher-than-expected PPI and the US-Iran conflict pushed up oil prices, limiting the Federal Reserve's room to cut interest rates, resulting in Bitcoin falling 1.4% this week. The US Senate Banking Committee passed the "Clear Act," providing guidance for long-term regulation. The market is balancing between short-term macroeconomic pressure and long-term regulatory benefits.