QCP: Ethereum Regains Market Attention, Limited Progress in US-China Trade Talks

QCP stated that Bitcoin briefly surpassed $110,000 amid the resumption of US-China trade talks, but market enthusiasm quickly waned due to a lack of substantial breakthroughs. Meanwhile, Ethereum is quietly regaining narrative dominance, with its implied volatility rising, options skew turning bullish, and significant ETF inflows ($281 million last week, $52.7 million yesterday), indicating a resurgence of institutional investor interest. As the GENIUS Act progresses in the US Senate, Circle IPO discussions resume, and stablecoins gain regulatory support, Ethereum's role as a tokenization and settlement infrastructure may see structural upside opportunities.