According to CoinMeta, as concerns about the scale of budget deficits and costs increase, depreciation transactions have regained attention on Wall Street. Investors are trying to hedge against the depreciation of the dollar and the risks associated with government bonds, leading to a preference for hard assets such as gold and cryptocurrencies. Last week, under the leadership of Deputy Secretary of the Treasury Scott Bessent, the Treasury Department took unconventional measures to increase debt repurchases. Although the scale of the repurchases announced by Bessent was still insignificant compared to the overall market, their signaling effect was quite strong. On Monday, the price of gold reached a three-month high, with an increase of over 5% in the past week. Bitcoin also rose by 2%, reaching its highest point since May.