Golden Finance reported that according to Bloomberg, a Bank of America report on Friday pointed out that cash became the biggest darling of funds last week, while cryptocurrency funds also attracted a large inflow of funds. In the week ended Dec. 4, money market funds absorbed $136.4 billion, marking the largest weekly inflows since the banking turmoil in March 2023. Notably, cryptocurrency funds received $3 billion in inflows, taking four-week inflows to $11 billion, the highest level ever. This reflects a surge in investor interest in digital assets following Trump’s victory. Michael Hartnett, a strategist at Bank of America, pointed out that as Bitcoin’s market value exceeds $2 trillion, comparable to becoming the world’s 11th largest economy, the cryptocurrency market is showing signs of a “bubble.” Likewise, concerns about stock valuations have been highlighted, with the S&P 500's price-to-book ratio at 5.3, surpassing its dot-com bubble peak of 5.5 in March 2000.