受聯準會降息預期推動，比特幣飆升至 65,000 美元以上

復甦後，比特幣的價格區間擴大，從 60,000 美元到 70,000 美元不等，而 Solana、Cardano、Polkadot 和 Avalanche 等其他加密貨幣也出現了上漲。然而，全球加密貨幣市值下降了0.29%，達到約2.38兆美元。

Bitcoin Surges Past $65,000, Igniting Bullish Optimism Amid US Fed Rate Cut Expectations

比特幣衝破65,000美元，在聯準會降息預期中點燃看漲樂觀情緒

In a remarkable display of resilience, Bitcoin (BTC), the world's largest cryptocurrency, has surged past the $65,000 mark, gaining an impressive 7% within a span of 24 hours. This resurgence has fueled a wave of optimism within the cryptocurrency market, particularly as it coincides with rising hopes for interest rate cuts by the US Federal Reserve.

全球最大的加密貨幣比特幣 (BTC) 表現出了非凡的韌性，已突破 65,000 美元大關，在 24 小時內上漲了 7%，令人印象深刻。這種復甦在加密貨幣市場引發了一波樂觀情緒，尤其是在聯準會降息的希望不斷增強之際。

Over the past seven days, Bitcoin has achieved significant gains, rebounding from a low of $60,000 and posting an approximate 8% increase. This upward trajectory has been primarily driven by a weaker US dollar and indications of easing inflation in the country.

在過去的 7 天裡，比特幣取得了顯著的漲幅，從 6 萬美元的低點反彈，漲幅約為 8%。這一上升軌跡主要是由美元疲軟和該國通膨放緩的跡象所推動的。

"Bitcoin's meteoric rise shows a remarkable 7% gain within 24 hours, a sign of its resilience and bullish momentum," said Nischal Shetty, Co-founder of Shardeum. "However, the cryptocurrency landscape has evolved, with newcomers demanding more than just price fluctuations. It is imperative for the ecosystem to prioritize user-friendly applications that showcase tangible use cases to appeal to a broader audience."

Shardeum 聯合創始人 Nischal Shetty 表示：“比特幣的迅速上漲在 24 小時內上漲了 7%，這是其韌性和看漲勢頭的標誌。” 「然而，加密貨幣格局已經發生變化，新來者要求的不僅僅是價格波動。生態系統必須優先考慮用戶友好的應用程序，這些應用程式展示切實的用例，以吸引更廣泛的受眾。”

Bitcoin's market cap has soared to $1.309 trillion, and its market dominance now stands at an impressive 54.69%, as reported by CoinMarketCap. During this period, BTC's trading volume has decreased by 27.4%, totaling $30.9 billion.

根據 CoinMarketCap 報道，比特幣的市值已飆升至 1.309 兆美元，其市場主導地位目前達到令人印象深刻的 54.69%。在此期間，BTC 交易量下降了 27.4%，總計 309 億美元。

Avinash Shekhar, Co-founder and CEO of Pi42, believes that Bitcoin is in the midst of a bull cycle. "Its market cap is growing faster than its realized cap, a trend that typically lasts around two years," he explained. "If this pattern continues, the bull cycle might end by April 2025. Another reason for the boost could be the ETF inflows in May that have already offset April's outflows."

Pi42 聯合創始人兼執行長 Avinash Shekhar 認為，比特幣正處於牛市週期之中。 「其市值的成長速度快於其實現的市值，這種趨勢通常會持續兩年左右，」他解釋道。 「如果這種模式持續下去，牛市週期可能會在 2025 年 4 月結束。提振的另一個原因可能是 5 月份 ETF 的流入已經抵消了 4 月份的流出。”

Factors Influencing Bitcoin's Price Trajectory

影響比特幣價格軌跡的因素

According to market experts, Bitcoin's price trajectory in the short term could be influenced by a combination of technical indicators, market sentiment, and institutional investors' actions.

市場專家表示，比特幣短期內的價格走勢可能會受到技術指標、市場情緒和機構投資者行為的綜合影響。

The appointment of Salim Ramji, former BlackRock executive, as Vanguard's new CEO has sparked speculation that the investment giant could embrace cryptocurrencies. "Analysts are wondering whether Vanguard, under the leadership of an ETF veteran from the crypto-friendly BlackRock, would finally turn bullish on Bitcoin," said Rajagopal Menon, VP of WazirX. "This surge also followed the 13F filings revelation that 1,028 firms with over $100 million in assets under management collectively own $11 billion in Bitcoin as of March 2024, with Millennium Management emerging as the largest holder at $2 billion."

貝萊德前高管薩利姆·拉姆吉 (Salim Ramji) 被任命為先鋒集團新任首席執行官，引發了人們對這家投資巨頭可能擁抱加密貨幣的猜測。 WazirX 副總裁 Rajagopal Menon 表示：“分析師想知道，在加密貨幣友好型貝萊德 (BlackRock) 一位 ETF 資深人士的領導下，Vanguard 是否最終會看好比特幣。” 「這項激增也源自於13F 文件揭露，截至2024 年3 月，1,028 家管理資產超過1 億美元的公司總共擁有110 億美元的比特幣，其中Millennium Management 成為最大持有者，價值20 億美元。 」

Long-Term Prospects: Fundamentals and Adoption

長期前景：基礎知識與採用

Looking ahead, the long-term prospects for Bitcoin remain tied to its fundamentals, including its limited supply and growing adoption as a store of value and hedge against inflation, according to Siddharta Gupta, SVP of Business and Strategic Alliances at CoinDCX.

CoinDCX 業務和策略聯盟高級副總裁 Siddharta Gupta 表示，展望未來，比特幣的長期前景仍然與其基本面相關，包括其有限的供應以及作為價值儲存和對沖通膨的越來越多的採用。

"The approval of ETFs in the US and Hong Kong, and ETNs in London, has bolstered Bitcoin's legitimacy and price stability over time," said Gupta. "However, it's crucial to remain mindful of potential risks and uncertainties, including regulatory developments, technological advancements, and macroeconomic shifts. While historical trends and halving cycles provide valuable insights, the future trajectory of Bitcoin prices will likely be shaped by a complex interplay of factors, making precise predictions challenging."

Gupta 表示：“隨著時間的推移，美國和香港 ETF 以及倫敦 ETN 的批准增強了比特幣的合法性和價格穩定性。” 「然而，至關重要的是要時刻關注潛在的風險和不確定性，包括監管發展、技術進步和宏觀經濟變化。雖然歷史趨勢和減半週期提供了寶貴的見解，但比特幣價格的未來軌跡可能會受到複雜的相互作用的影響。

Conclusion

結論

Bitcoin's recent surge past the $65,000 mark is a testament to its resilience and bullish momentum. While short-term price movements may be influenced by technical indicators and market sentiment, the long-term prospects for Bitcoin remain tied to its fundamentals, including its limited supply and growing adoption as a store of value.

比特幣最近飆升至 65,000 美元大關證明了其韌性和看漲勢頭。雖然短期價格走勢可能受到技術指標和市場情緒的影響，但比特幣的長期前景仍與其基本面相關，包括其有限的供應和作為價值儲存手段的日益採用。