Gautam Chhugani, an analyst at Bernstein, said any signal of loose monetary policy and a potential weakening of the U.S. dollar are bullish for Bitcoin. He noted that Bitcoin has risen 45% so far this year, surpassing the 27% gain in gold. At a fundraiser held in New York last weekend, U.S. Vice President Kamala Harris expressed support for digital assets and publicly mentioned the crypto industry for the first time. Previously, former U.S. President Donald Trump also took a pro-crypto stance and advocated a friendlier regulatory policy. Although the crypto community remains cautious about Harris's position, Bernstein analysts believe that Harris's statement and Trump's support indicate bipartisan support, which may bring more regulatory clarity. The momentum of Bitcoin ETFs remains an important factor. Despite recent price fluctuations, Bitcoin ETFs have maintained net inflows, with cumulative inflows reaching $17 billion. (Decrypt)