The news from BlockBeats on September 25th, Geoff Kendrick, the Global Head of Digital Assets Research at Standard Chartered Bank, said that since the Federal Reserve lowered the federal funds rate last week, the long-term borrowing costs for US Treasury bonds are relatively higher than short-term borrowing costs, which usually indicates optimistic sentiment towards future economic growth and helps create a favorable environment for investments including BTC. Geoff Kendrick also pointed out that the situation in the derivatives market also supports his optimistic view of BTC. This week, he observed the addition of BTC call options with a major focus on a $100,000 exercise price in the options market. This indicates that there are other factors influencing the decisions of derivatives traders. In terms of timing, the most likely new factor is the comments made by Vice President Harris on Sunday, September 22nd, when she first announced her support for the cryptocurrency business.