Cryptocurrency Market Sees Third Consecutive Day of Gains

According to BlockBeats, on September 21, QCP Capital released its daily report indicating that cryptocurrencies experienced their third consecutive day of gains. Bitcoin (BTC) tested the $64,000 mark again, while Ethereum (ETH) returned to $2,500. This upward movement was supported by strong inflows into BTC and ETH spot ETFs. Over the past two days, BTC ETFs recorded net inflows of $250.3 million, while ETH ETFs saw net inflows of $8.1 million. With no significant macroeconomic events expected before Friday, except for the upcoming PCE price report, the enthusiasm for rate cuts is gradually waning. As of this morning, BTC has fallen below $63,000. In the options market, front-end BTC volatility has decreased by 6 points from yesterday's peak. As the market adjusts to the path of policy normalization, volatility continues to decline.