百萬美元資金流入，比特幣價格飆升

過去一個月，加密貨幣市場的特徵是劇烈波動，多種資產出現嚴重的價格暴跌和不穩定。

The past month in the crypto market was characterized by intense volatility, with significant price crashes and instability recorded among several assets. Bitcoin suffered a major decline during this period, falling below key support levels.

過去一個月，加密貨幣市場的特徵是劇烈波動，多種資產出現嚴重的價格暴跌和不穩定。比特幣在此期間經歷了大幅下跌，跌破了關鍵支撐位。

However, the past weeks have seen a notable uptick in Bitcoin’s price, begging the question of what drives the recovery.

然而，過去幾週比特幣價格顯著上漲，引發了人們對推動復甦的因素的疑問。

BTC Price Soars with Million-Dollar Inflows

百萬美元資金流入，比特幣價格飆升

The ongoing positive turn for crypto investment products has led to another round of substantial inflows, totaling $215 million last week. According to a Monday, July 29 CoinShares report, Bitcoin took the crown with a healthy $519 million fund inflows.

加密貨幣投資產品的持續積極改善導致了另一輪大量資金流入，上週資金流入總額達 2.15 億美元。根據 CoinShares 7 月 29 日星期一的報告，比特幣以 5.19 億美元的健康資金流入獲得桂冠。

The multi-million dollar influx of funds built on BTC’s $1.27 billion inflow from the past week, marking the continuation of a weeks-long streak for the world’s largest crypto asset and bringing its month—and year-to-date inflows to US$3.6 billion and $19 billion, respectively.

數百萬美元的資金流入建立在比特幣過去一周 12.7 億美元的流入基礎上，標誌著全球最大加密資產連續幾週的連續流入，使其月度和年初至今的流入額達到 36 億美元和190 億美元。

Bitcoin’s surge in inflow coincides with an ongoing pump in price, which has seen the token surge approximately 10% from the past week’s low point of $63,000 to a current trading price of over $69,000. CoinShares argues that the uptick is likely driven by the frequent mention of BTC among the US presidential election candidates, many of whom have endorsed the crypto king as a potential strategic reserve asset.

比特幣流入量激增與價格持續上漲同時發生，該代幣從上週的低點 63,000 美元飆升至目前超過 69,000 美元的交易價格約 10%。 CoinShares 認為，比特幣價格上漲可能是由於美國總統選舉候選人頻繁提及 BTC，其中許多人都認可比特幣作為潛在的戰略儲備資產。

Bitcoin’s strong performance stands out, particularly against the varying levels of underperformance among other assets, including Ethereum.

比特幣的強勁表現引人注目，尤其是與包括以太坊在內的其他資產表現不同程度的表現不佳相比。

Ethereum Performance Seesaw

以太坊性能蹺蹺板

Last week, mixed performance among issuers of the newly-launched Ethereum exchange traded funds (ETF) resulted in a whopping $285 million funds exit for ETH.

上週，新推出的以太坊交易所交易基金 (ETF) 發行人的表現參差不齊，導致 ETH 資金退出規模高達 2.85 億美元。

The outflow was largely driven by significant withdrawals from Grayscale’s newly converted Ethereum Trust ETF (ETHE), which has seen nearly $1.15 billion in outflows since its launch on Tuesday. CoinShares noted that these withdrawals overshadowed the positive impact of the ETF inflows, which topped $2.2 billion in inflows.

這筆資金流出主要是由灰階新轉換的以太坊信託 ETF (ETHE) 的大量撤資推動的，自周二推出以來，該 ETF 已流出近 11.5 億美元。 CoinShares 指出，這些提款掩蓋了 ETF 流入的正面影響，ETF 流入量超過 22 億美元。

The volatility also affected Ethereum’s price, resulting in a slight dip over the week. However, Ethereum is trading at $3,372 at press time, with a 3.3% increase in the last 24 hours, indicating some efforts toward recovery.

波動也影響了以太坊的價格，導致本周小幅下跌。然而，截至發稿時，以太坊的交易價格為 3,372 美元，在過去 24 小時內上漲了 3.3%，表明有一些復甦的努力。

On the Flipside

另一方面

Why This Matters

為什麼這很重要

The shifting market sentiment, underscored by substantial inflows into Bitcoin, signals renewed investor confidence. If this momentum continues, it could drive Bitcoin to new price highs and positively influence the broader market.

大量資金流入比特幣凸顯了市場情緒的變化，標誌著投資者信心的恢復。如果這種勢頭持續下去，可能會將比特幣推向新的價格高點，並對更廣泛的市場產生積極影響。

Read more about Ethereum’s performance in recent weeks and the impacts of the ETFs:

了解有關以太坊近幾週表現以及 ETF 影響的更多資訊：

ETH Faces Headwinds as OI Levels Rise with Ethereum ETFs Debut

隨著以太坊 ETF 的首次亮相，OI 水平上升，ETH 面臨阻力

Mt. Gox continues customer settlement process as more creditors celebrate payouts, read more:

隨著越來越多的債權人慶祝付款，Mt. Gox 繼續進行客戶結算流程，以了解更多：

Mt. Gox Creditors See More Payouts as Bitstamp Distributes BTC

Bitstamp 分配 BTC，Mt. Gox 債權人看到更多賠付