#数字资产生态回暖 On December 11th, the Federal Reserve announced a 25 basis point cut in the benchmark interest rate, bringing the target range to 3.50%-3.75%. This is the third consecutive rate cut this year, with a total reduction of 75 basis points so far. The market generally views this decision positively. From the perspective of crypto assets, the Fed's continued loose monetary policy tends to boost liquidity expectations for risk assets. In a low-interest-rate environment, investors' motivation to seek higher returns increases, which typically injects incremental funds into the digital asset market. The recent performance of leading cryptocurrencies like $BTC and $ETH also confirms this logic—the friendly signals from policy are indeed stimulating market bullish sentiment.