比特幣（BTC）達到了新的歷史最高水平，短暫觸摸了$ 111,000

具有里程碑意義的時刻是在109,000美元以上的休息時間之後，限制了一場持續的集會，這突顯了投資者的信心和數字資產的新勢頭。

Bitcoin (BTC) price touched a new all-time high of $111,000 briefly on Thursday, propelled by a confluence of macroeconomic factors, policy developments, and growing institutional interest that is pushing the cryptocurrency into uncharted territory.

比特幣（BTC）的價格在周四短暫觸及了新的111,000美元的新高點，這是由於宏觀經濟因素，政策發展和日益增長的機構興趣所推動的，這將加密貨幣推向了未知領域。

The landmark moment follows a decisive break above the $109,000 resistance level, completing a sustained rally that began after the U.S. Supreme Court ruling on Friday on Section 8 of the Administrative Procedure Act (APA). The sustained rally is also seeing a return of bullish momentum that began in March.

里程碑式的時刻是在超過109,000美元的抵抗水平的決定性突破之後，完成了一場持續的集會，該集會始於美國最高法院在周五在《行政程序法》（APA）第8節中裁決之後。持續的集會還看到了三月份開始的看漲勢頭。

At the macro level, markets have welcomed the recent temporary trade truce between the U.S. and China, which saw both nations agree over the weekend to a 90-day suspension of new tariffs. The move has helped to alleviate some of the geopolitical uncertainty that had previously weighed on risk assets - with capital now rotating back into high-growth sectors, including crypto.

在宏觀層面上，市場歡迎美國與中國之間最近的臨時貿易休戰，這兩種國家在周末都同意，暫停了90天的新關稅。此舉有助於減輕以前權重的某些地緣政治不確定性 - 現在的資本現在轉移到包括加密在內的高增長領域。

The U.S. Dollar Index (DXY) has also dropped below 99, reaching its lowest point in several weeks, further increasing the appeal of Bitcoin as an alternative store of value in the face of fiat depreciation.

美元指數（DXY）也已降至99以下，在幾週內達到了最低點，進一步增加了比特幣作為面對菲亞特折舊時的替代價值的吸引力。

But there are other bullish developments aiding Bitcoin’s ascent.

但是還有其他看漲的發展有助於比特幣的上升。

Texas Passes Bill For Strategic Bitcoin Reserve

德克薩斯州通過戰略比特幣儲備法案

The state of Texas has passed legislation to create a strategic Bitcoin reserve, a first-of-its-kind move in the U.S. that signals growing political legitimacy for Bitcoin as a long-term reserve asset.

德克薩斯州已通過了立法，以建立戰略性比特幣儲備，這是美國的首要舉措，它標誌著比特幣成為長期儲備資產的政治合法性的信號。

This development could pave the way for wider state-level adoption of Bitcoin as part of official financial infrastructure.

這一發展可能為更廣泛的國家一級採用比特幣鋪平道路，作為官方金融基礎設施的一部分。

"Texas House Bill 1578, legislating the creation of a strategic Bitcoin reserve, has passed and will head to the governor's desk for final approval. This bill signifies a groundbreaking moment in the U.S. as it marks the first time a state is considering investing in Bitcoin directly, " CCĐXV, a prominent member of the Bitcoin community, explained on X (formerly Twitter).

“得克薩斯州眾議院法案1578年就立法建立了戰略比特幣保護區，並將通過並將前往州長的辦公桌以獲得最終批准。該法案標誌著美國的開創性時刻，標誌著州第一次考慮直接在比特幣上投資於比特幣，” CCCIXV，“ CCCIN，” CCIN，“ Bitcoin社區的重要成員，在X上享受了X（以前的Twitter）。

The bill's passage follows a period of heated debate among lawmakers, highlighting the diverse perspectives on cryptocurrency within the U.S. political landscape.

該法案的通過是在立法者之間進行了激烈的辯論之後的，強調了美國政治格局中有關加密貨幣的各種觀點。

The legislation directs the Texas Comptroller of Public Accounts to explore the feasibility of investing state funds in Bitcoin. The move comes amid growing interest in cryptocurrencies among state governments, particularly in light of the recent downturn in the stock market and concerns over the long-term performance of traditional assets.

該立法指示德克薩斯州的公共帳戶審計長探索在比特幣投資州資金的可行性。這一舉動是由於對州政府之間的加密貨幣的興趣越來越大，特別是鑑於股市最近的低迷以及對傳統資產的長期績效的擔憂。

Several U.S. states are now actively examining the potential for investing in digital assets as part of their broader portfolio management strategies.

現在，美國幾個州正在積極研究對數字資產進行投資的潛力，這是其更廣泛的投資組合管理策略的一部分。

Prominent Bitcoin Whale Expands Holdings To $1 Billion

著名的比特幣鯨將持股量擴大到10億美元

Investor confidence in Bitcoin is also being buoyed by large-scale moves from key market players.

投資者對比特幣的信心也受到主要市場參與者的大規模動作的鼓舞。

James Wynn, a prominent Bitcoin whale, has reportedly expanded his Bitcoin holdings to an impressive $1 billion, belief in the cryptocurrency's long-term potential despite reaching six-figure price levels, according to a report by Web3_DeFi.

根據Web3_defi的一份報告，據報導，詹姆斯·永利（James Wynn）是一名著名的比特幣鯨，他的比特幣持有量將其比特幣的持股量擴大到了10億美元，但信念加密貨幣的長期潛力達到了六位數的價格水平。

Wynn, a well-known figure in the Bitcoin community, is known for making bold investments and spotting emerging trends in the cryptocurrency market.

Wynn是比特幣社區中著名人物，以大膽的投資和發現加密貨幣市場的新興趨勢而聞名。

His move may also have a psychological knock-on effect, encouraging retail and institutional buyers alike to increase exposure to Bitcoin as they witness the commitment of experienced investors like Wynn.

他的舉動也可能具有心理敲門效應，鼓勵零售和機構買家，以增加對比特幣的接觸，因為他們見證了像永利這樣經驗豐富的投資者的承諾。

At the same time, there has been sustained net inflow into spot Bitcoin ETFs in recent weeks, according to TabChain data.

根據TABCHAIN數據，最近幾週，最近幾週內持續淨流入到現貨比特幣ETF中。

This influx of capital is flowing into these regulated investment vehicles as a gateway for traditional finance to enter the digital asset space in scale.

這種資本的湧入正流入這些受監管的投資工具中，這是傳統財務進入數字資產領域的門戶。

The growing capital inflows into Bitcoin ETFs is a testament to the increasing appetite for regulated crypto investment products among institutional investors.

不斷增長的資本流入比特幣ETFS證明了機構投資者中受監管的加密投資產品的需求日益增長。

As traditional financial institutions navigate the complexities of the digital asset landscape, they are seeking out familiar and compliant avenues for participation.

當傳統的金融機構駕駛數字資產格局的複雜性時，他們正在尋找熟悉和合規的參與途徑。

Bitcoin ETFs provide a seamless entry point for institutional capital to allocate to cryptocurrencies in a manner that adheres to internal regulations and risk management frameworks.

比特幣ETF為機構資本以遵守內部法規和風險管理框架的方式分配給加密貨幣提供了一個無縫的入口點。

The involvement of institutional investors is crucial for providing price stability and facilitating the long-term growth of the cryptocurrency market.

機構投資者的參與對於提供價格穩定和促進加密貨幣市場的長期增長至關重要。

The involvement of institutional investors is crucial for providing price stability and facilitating the long-term growth of the cryptocurrency market. Their capital injections and participation are essential for sustaining and propelling the upward momentum of cryptocurrencies in the financial sphere.

機構投資者的參與對於提供價格穩定和促進加密貨幣市場的長期增長至關重要。他們的資本注射和參與對於維持和推動金融領域的加密貨幣的向上勢頭至關重要。

Point Of Interest: If current trends continue, we might see the next psychological price point of $115,000 being tested in the coming week or two. Key factors to watch will be the Federal Reserve's tone on interest rates and upcoming U.S. economic data (GDP, PMI, PCE inflation).

興趣點：如果當前的趨勢繼續下去，我們可能會看到下一個心理價值點為$ 115,000，在接下來的一兩個星期中進行了測試。要關注的關鍵因素將是美聯儲的利率和即將到來的美國經濟數據（GDP，PMI，PCE通貨膨脹）的基調。