比特幣（稱為“數字黃金”）很高，打破了其歷史上的高價

比特幣被稱為“數字黃金”，這是一個很高的聲音，打破了其歷史最高的高價，但猛增的真實黃金表現出緩慢的趨勢。

Bitcoin, often called "digital gold," is on a high note, breaking its all-time high price, but real gold, which had soared, is showing a slow trend.

比特幣通常被稱為“數字黃金”，這是一個高音，打破了其歷史最高的價格，但是猛增的真實黃金表現出緩慢的趨勢。

While Bitcoin is rebounding against the backdrop of deregulation of virtual assets and inflows of institutional funds, gold has passed its short-term peak, mainly on Wall Street.

儘管比特幣在放鬆虛擬資產和機構資金流入的背景下反彈，但黃金已經超過了其短期高峰，主要是在華爾街。

According to Trading View on the 25th, the gold price based on CFD recorded 3303 dollars per ounce at 9 a.m. on the 23rd. This is down 0.30% this month. On the contrary, Bitcoin has returned 15.56% over the same period.

根據25日的交易視圖，基於CFD的黃金價格在23日上午9點記錄了3303美元。本月下降了0.30％。相反，比特幣在同一時期返回15.56％。

This is a markedly different trend compared to the same institution last month. During the same period last month (April 1-23), Bitcoin recorded a better performance, with gold rising 10.79%, while Bitcoin rose 7.14%.

與上個月的同一機構相比，這是一個明顯不同的趨勢。在上個月（4月1日至23日）的同一時期，比特幣的表現更好，黃金上漲了10.79％，而比特幣上漲了7.14％。

The two assets, called gold and digital gold, have recently shown distinctly different trends because it is the US government's policy trend that affects Bitcoin prices the most.

這兩個資產（稱為黃金和數字黃金）最近顯示出明顯不同的趨勢，因為美國政府的政策趨勢對比特幣價格影響最大。

Donald Trump, who showed off his Bitcoin-friendly appearance last year, was elected president of the United States this year, and this trend has strengthened.

唐納德·特朗普（Donald Trump）去年炫耀了他對比特幣友好的外觀，他今年當選為美國總統，這種趨勢加強了。

In particular, Bitcoin has reached an all-time high of more than $110,000 as the move to incorporate virtual assets into the system has accelerated, with the recent passage of the stablecoin regulation bill "Genius Act" in the U.S. Senate.

特別是，隨著將虛擬資產納入系統的舉動，比特幣的歷史最高額度超過110,000美元，隨著美國參議院的Stabablecoin法規“ Genius Act”的最近通過。

Institutional funds flowed into stocks of Bitcoin Spot Exchange Traded Fund (ETF) and Listed Strategies, which took a bitcoin purchase strategy, and ETF managers and strategies continued to purchase bitcoin based on this, which is why bitcoin prices have risen.

機構基金流入了比特幣現貨交易所交易基金（ETF）的股票和列出的策略，這些策略採用了比特幣購買策略，而ETF經理和策略繼續基於此購買比特幣，這就是為什麼比特幣價格上漲的原因。

On the other hand, gold rose ahead of Bitcoin on demand for safe assets, but lost its direction as global tensions eased.

另一方面，黃金按比特幣按需以安全資產的方式上升，但由於全球緊張局勢緩解了其方向。

Gold traded at around $2,660 an ounce earlier this year, but it began to rise as the Donald Trump administration's tariff policy took shape, reaching an all-time high of $348 an ounce on the 22nd of last month. This is because demand for safe assets has grown due to global trade instability caused by tariffs.

黃金在今年早些時候每盎司約2,660美元左右的交易，但隨著唐納德·特朗普政府的關稅政策的成形，它開始上升，上個月22日達到了每盎司348美元的歷史最高點。這是因為由於關稅造成的全球貿易不穩定，對安全資產的需求不斷增長。

Following President Trump's signal to lower trade tensions with China, the two countries agreed to lower tariffs by 115 percentage points over 90 days on the 12th, reviving sentiment for risky assets such as stocks.

在特朗普總統發出降低與中國貿易緊張局勢的信號之後，兩國同意在12日的90天內將關稅降低115個百分點，這使人們對諸如股票等風險資產的情感恢復了。

On Wall Street, some analysts say gold has passed its peak. "In the long run, we are not pessimistic about gold, but it may have peaked for the time being, and tensions from the United States will have to rise again," Francisco Blanch, head of global commodities at Bank of America, said in a recent Bloomberg appearance.

在華爾街，一些分析師說，黃金已經超越了峰值。美國銀行全球商品負責人弗朗西斯科·布蘭奇（Francisco Blanch）在最近的一次彭博社露面說：“從長遠來看，我們對黃金並不悲觀，但暫時可能已經達到頂峰，美國的緊張局勢將不得不再次上升。”

Suki Cooper, SC precious metals analyst, also said, "Gold prices may stabilize at a high level toward the end of the year if stimulus measures such as tax cuts are implemented in the U.S. and uncertainties surrounding geopolitical risks begin to ease," adding, "The gold rally may have passed its peak."

SC貴金屬分析師Suki Cooper還說：“如果在美國實施了諸如減稅措施，並且圍繞地緣政治風險的不確定性開始緩解刺激措施，那麼黃金價格可能會在年底穩定，直到今年年底，金價可能會穩定下來。”