BNY Mellon CEO Robin Vince stated at the Digital Asset Summit that the next phase of the crypto industry will depend on large financial institutions, emphasizing the importance of tokenization and digital asset custody. He pointed out that trust and regulation are key to development and mentioned the progress of relevant regulations. Morgan Stanley's Amy Oldenburg believes that banks' entry into the crypto space stems from mature infrastructure development, rather than hype.

Former Goldman Sachs strategist Robin Brooks believes the dollar will end its upward trend driven by strong non-farm payroll data, expecting the Federal Reserve to cut interest rates. Strong data may reduce real yields, weakening the dollar's attractiveness. Market confidence in Trump's policies and the Federal Reserve has waned, leading to a weaker dollar.

After experiencing a big dump of about 30% from the high point in October, Bitcoin is currently stabilizing around $87,000 after a rebound over five consecutive days, boosting market confidence. However, analysts warn that even with improvements in the macroeconomy and a rise in Wall Street's interest in risk assets, the next significant breakthrough for Bitcoin may have to wait until 2026. Koinly CEO Robin Singh stated that Bitcoin has been struggling to return to the $90,000 mark, but the process is slower than most market participants expected. The market is gradually entering a typical "Christmas hibernation period," with a lower likelihood of explosive volatility before the end of the year.