#百万 $ANLOG Launchpool挖矿进行中 #市场触底了吗？ #$BERA交易开启 **Summary of Cryptocurrency Market Dynamics on February 8, 2025**

1. **Policy and Regulation**
- The new Cryptocurrency working group newly formed by the SEC in the United States is led by Hester Peirce, intending to clarify the security attributes of tokens and provide compliance pathways, while reducing the size of the enforcement team and shifting towards "guidance-based regulation".
- El Salvador has cancelled the legal tender status of Bitcoin, and instead made its use voluntary. Tax payments will only be made in USD, causing market sentiment fluctuations.

2. **Market Fluctuations and Trends**
- Bitcoin experienced severe fluctuations, hitting a low of $91,000 during the Spring Festival, and then rebounding to around $98,000; the Trump token TRUMP plummeted by nearly 80%.
- Standard Chartered Bank predicts that Bitcoin could reach $200,000 by the end of 2025, with long-term bullish sentiment due to the popularization of ETFs and decreased volatility.

3. **Technical and Ecological Progress**
- Ethereum Pectra upgrade plan will be launched in Q1-Q2 2025, optimizing account abstraction, L2 compatibility, and staking mechanism to improve performance and security.
- Layer1 public chain Berachain officially launched, adopting PoL consensus mechanism, airdrop distribution causing controversy (NFT holders receive high rewards, testnet users only $60).

4. **Institutions and Capital Trends**
- MicroStrategy was renamed "Strategy", and its Q4 Bitcoin holdings doubled to 471,000 coins, but it incurred a loss of 670 million US dollars and plans to achieve a 15% return by 2025.
- ARK Invest released its annual report, emphasizing the trend of AI Agent, stablecoins, and the integration of public blockchain, predicting that the market value of stablecoins may reach $14 trillion by 2030.

5. **Compliance and Global Layout**
- Guoxiong Capital plans to establish encryption asset management companies in Hong Kong and Singapore, focusing on custody, quantitative trading, and infrastructure investment, emphasizing the path to compliance.
- US legislators form a bicameral working group to advance stablecoin legislation, aiming to balance innovation and regulation similar to the FIT21 framework.

**Risk Warning**: The market is still affected by Trump's tariff policy, the US debt crisis, and speculation in Meme coins, and short-term fluctuations may continue.