比特幣（BTC）超過字母（Google）成為第五大資產

就總市值而言

Bitcoin (BTC) has surged past Alphabet (Google) to become the fifth largest asset in the world in terms of total market cap, valued at $1.861 trillion.

就總市值而言，比特幣（BTC）已經超越了字母（Google），成為世界上第五大資產，價值為1.861萬億美元。

The latest rally has taken Bitcoin past $93,700, making it its best year yet and solidifying its position among the world’s most valuable assets. It is now behind only NVIDIA, which has a market cap of $2.412 trillion, putting the gap at approximately $550bn.

最新的拉力賽將比特幣超過93,700美元，使其成為迄今為止最好的一年，並鞏固了其在世界上最有價值的資產中的地位。現在，它僅落後於NVIDIA，後者的市值為2.412萬億美元，使差距約為550億美元。

For the current milestone, Bitcoin reached the highest-ever rank among assets. While its market cap went over $2 trillion when exceeding $109,000, today’s ranking means new territories. Earlier, tech stocks boasted considerably higher valuations, suppressing Bitcoin’s comparative placement.

對於當前的里程碑，比特幣在資產中達到了有史以來最高的排名。雖然其市值超過了2萬億美元，而當今排名意味著新領土。早些時候，科技股具有更高的估值，從而抑制了比特幣的比較位置。

What is Fueling the Bitcoin Rally?

是什麼促進了比特幣集會？

The push towards Bitcoin seems to be building again owing to the positive signals emanating from the U.S. and China trade war front. This has led to Nasdaq futures and tech equities rising due to increased investor sentiment, with Bitcoin now recognized by institutions.

由於美國和中國貿易戰線發出的積極信號，對比特幣的推動似乎再次建立。這導致納斯達剋期貨期貨和技術股票的增長，由於投資者的情緒增加，比特幣現在被機構認可。

The largest number of net ETF inflows was recorded on April 22, 2015, amounting to $ 936 million, which is greater than $ 381 million on April 21, 2015. ARK invested $267.1 million, while 21Shares pocketed the profit by investing $253.8 million. This was the first time since January 17, and it boosted large investors’ confidence in these numbers.

2015年4月22日記錄了最多的淨ETF流入量，總計9.36億美元，2015年4月21日大於3.81億美元。方舟投資了2.671億美元，而21shares則通過投資2.538億美元賺取了利潤。這是自1月17日以來的第一次，它增強了大型投資者對這些數字的信心。

Recently, the open interest in Bitcoin derivatives reached $67.19 billion from Coinglass. That amounts to a $9 billion increase in 24 hours. This number is close to the record high recorded in January this year. Analysts see this as market participation.

最近，對比特幣衍生產品的開放興趣從Coinglass中達到了671億美元。這在24小時內增加了90億美元。這個數字接近今年1月記錄的紀錄。分析師認為這是市場參與。

Peter Brandt, a veteran trader with a relatively conservative approach, recently shared that he is a Bitcoin holder. He noted a sharp rise above a primary trendline and a consolidation range, with a reference level of $99,416 as the next significant resistance level. Brandt’s move aligns with other technical analysts who have adopted the bullish structural view of Bitcoin.

彼得·布蘭特（Peter Brandt）是一位具有相對保守的方法的資深商人，最近分享說他是比特幣持有人。他指出，高於主要趨勢線和合併範圍的急劇上升，參考水平為99,416美元，這是下一個重要的阻力水平。布蘭特的舉動與採用比特幣的看漲結構觀點的其他技術分析師保持一致。

He noted, “My goal is to advance stops ASAP toward a breakeven trade. I’m long $BTC. Wide bodied green bars allow me to advance stops quickly.”

他指出：“我的目標是盡快邁向一筆盈餘的交易。我很長一段時間以來。寬闊的綠色酒吧，我可以迅速停下來。”

Bitcoin’s Path to the Top Four Assets

比特幣進入前四個資產的道路

While it is ranked fifth, the question is how soon it will be able to overtake NVIDIA. The answer lies in the continuation of the ETF growth, macroeconomic stability, and positive equities changes. NVIDIA has retraced from the recent high while Bitcoin’s volumes and basic technicals remain very bullish.

雖然排名第五，但問題是它將多久能夠超越Nvidia。答案在於ETF增長，宏觀經濟穩定性和積極股票的延續。 NVIDIA已從最近的高點回顧，而比特幣的量和基本技術仍然非常看漲。

If such rates persist, BTC may threaten NVIDIA in the short run with nearness. The increasing association with safe-haven assets and recent break from other risk assets imply capital rotation into cryptocurrencies may be in progress.

如果這種速度持續存在，BTC可能會在短期內臨近威脅NVIDIA。與安全資產的越來越多的關聯以及最近與其他風險資產的中斷意味著資本旋轉向加密貨幣可能正在進行中。

Notably, Bitcoin has also made a new high in terms of the Nasdaq index. The cryptocurrency scaled above crucial averages to triumph over leading tech funds in the past week. While Bitcoin was initially traded as a purely speculative commodity, more and more investors are using it as a hedge and as a store of value.

值得注意的是，比特幣在納斯達克指數方面也提高了新的高度。在過去一周中，加密貨幣在關鍵的平均水平上縮放了領先的科技基金。儘管比特幣最初被交易為純粹的投機性商品，但越來越多的投資者將其用作對沖和價值存儲。