比特幣飆升至新歷史最高的高度，超過了前一月的峰

根據硬幣指標

Bitcoin (BTC) price hit a new all-time high (ATH) on Wednesday, surpassing its previous January peak and cementing its place at the forefront of the global financial conversation.

比特幣（BTC）的價格在周三達到了新的歷史最高（ATH），超過了其前1月的高峰，並鞏固了其在全球金融對話的最前沿的位置。

According to Coin Metrics, the price of the world’s leading cryptocurrency rose as much as 2% to $108,955.10, after briefly touching an intraday record of $109,857.

根據硬幣指標的數據，在短暫觸及了109,857美元的盤中記錄後，全球領先的加密貨幣的價格上漲了2％至108,955.10美元。

The rally came despite a brief intraday reversal, when spiking Treasury yields and falling equity markets saw bitcoin briefly surrender its gains.

儘管短暫的盤中逆轉，這次集會還是出現了，當時飆升的財政部收益和股票市場下降，比特幣短暫地投降了其收益。

However, the flagship digital asset quickly regained ground, highlighting its growing resilience in the face of macroeconomic volatility.

但是，旗艦數字資產迅速恢復了基礎，強調了面對宏觀經濟波動的彈性。

After a period of sluggishness fuelled by trade-related uncertainty, bitcoin has staged a robust comeback in May, notching a 15% gain for the month.

在與貿易有關的不確定性助長了一段時間後，比特幣在5月進行了強勁的捲土重來，該月的收益達到了15％。

Behind the surge is a wave of liquidity in equities that has buoyed risk assets, while ongoing concerns over U.S. tariffs and budget deficits have prompted a flight to alternative stores of value like gold and bitcoin.

激增的背後是股票的流動性浪潮，激發了風險資產的促進，而對美國關稅和預算赤字的持續擔憂促使人們飛往諸如黃金和比特幣之類的替代價值商店。

Exchange-traded funds (ETFs) tracking bitcoin have also seen strong support, with cumulative inflows topping $40 billion last week and only two days of outflows in May, according to data from SoSoValue. On-chain analytics from CryptoQuant further suggest that selling pressure has eased, as evidenced by declining bitcoin inflows to exchanges and record amounts of Tether (USDT), a leading stablecoin, sitting on trading platforms, indicating ample market liquidity.

根據Sosovalue的數據，交易所交易的基金（ETF）跟踪比特幣也得到了強有力的支持，上週的累積流入高達400億美元，而5月的流出只有兩天的流出。加密富裕的鏈上分析進一步表明，銷售壓力已經緩解，這證明了比特幣流入到交換和創紀錄的Tether（USDT）（USDT）（USDT）的領先Stablecoin坐落在交易平台上的，這表明市場流動性充足。

Investors are closely watching expected regulatory developments and a trend of corporate treasury allocations into bitcoin, both of which are seen as potential catalysts for further price appreciation. The number of bitcoins held by public companies has risen 31% since the start of the year, now valued at about $349 billion, accounting for 15% of the total bitcoin supply, according to Bitcoin Treasuries.

投資者正在密切關注預期的監管發展，以及公司財政部分配給比特幣的趨勢，這兩者都被視為進一步價格升值的潛在催化劑。根據比特幣庫的數據，自今年年初以來，上市公司持有的比特幣數量已增長31％，現在價值約349億美元，佔比特幣供應總額的15％。

In the policy arena, the U.S. Senate this week advanced legislation to establish the nation’s first regulatory framework for stablecoins, a move seen as critical for the crypto sector’s next phase. President Donald Trump has publicly stated he wants crypto regulation on his desk ready to sign by August, before Congress breaks for recess.

在政策領域，美國參議院本週提出了製定國家第一個監管框架的立法，這一舉動對加密貨幣部門的下一階段至關重要。唐納德·特朗普（Donald Trump）總統公開表示，他希望在國會休息之前，準備在八月之前在桌子上簽署加密監管。

The month also delivered a symbolic boost for the industry, as the leading crypto exchange Coinbase joined the S&P 500, an inclusion many see as a watershed for mainstream crypto acceptance.

這個月也為該行業帶來了象徵性的推動，因為領先的加密交易所Coinbase加入了標準普爾500指數，其中包括許多人認為是主流加密貨幣的分水嶺。