The crypto market welcomes a new peak, Bitcoin breaks the 100,000 USD barrier.

The Federal Reserve FOMC meeting is approaching, and the market is paying attention to the future direction of monetary policy. This week, up to 25 central banks will hold interest rate meetings, and these decisions may trigger market fluctuations. However, industry insiders believe that because the expectations for interest rate cuts have already been priced in, the direct impact of this policy adjustment on cryptocurrency prices may be limited.

Digital asset investment products continue to attract capital inflows, reflecting a surge in market optimism. The latest data shows that last week, digital asset investment products achieved a net inflow of $3.2 billion, marking the 10th consecutive week of this trend. So far this year, the total inflow has reached $44.5 billion. Bitcoin and Ethereum products performed particularly well, attracting $2 billion and $1 billion in funds, respectively. Other cryptocurrencies such as XRP, Polkadot, and Litecoin have also received varying degrees of investment.

At the policy level, another state in the United States is about to launch legislation for "strategic Bitcoin reserves," and it is expected that more states will follow this trend in the future. Industry experts predict that at least 10 states will introduce similar Bitcoin reserve bills, reflecting the increasing importance placed on this digital asset.

The price of Bitcoin has reached a new high, surpassing the $106,500 mark, further consolidating its position as "digital gold." At the same time, the ratio of Bitcoin to gold has also hit a historic high. Some institutional investors have stated that they plan to continue increasing their holdings of Bitcoin even at the current high levels, which could trigger more capital inflows into related assets.

The NFT market has also welcomed a long-awaited rebound. The floor price of Pudgy Penguins NFT continues to rise, currently nearing $140,000. The total market capitalization of top NFT series across the network has exceeded $10 billion, with a 10.2% increase within 24 hours. The trading volume in the past 24 hours has surpassed $71 million, a growth of 87.5%. The issuance of the PENGU token is approaching, sparking market discussions, and its off-exchange price has reached $0.053, with an estimated market value exceeding $4.7 billion.

In terms of projects, the AI agent $AGENCY built on the eliza framework has attracted attention. This AI agent can conduct token, wallet, and Twitter sentiment analysis on social platforms, and it promises to donate 10% of the tokens to ai16z dao.

Overall, the crypto market shows a comprehensive upward trend, with mainstream cryptocurrencies like Bitcoin and Ethereum, as well as the NFT market, performing strongly. However, investors still need to closely monitor changes in global monetary policy and the potential market impacts they may bring.