比特币（BTC）终于在四月发展成为可靠的资产？

主要投资比特币（Crypto：BTC）的基金的iShares比特币信托ETF（NASDAQ：IBIT）的股票在4月的股票上升了14.3％。

The iShares Bitcoin Trust ETF (NASDAQ:IBIT) - a fund that provides primary exposure to Bitcoin (CRYPTO:BTC) - saw its shares rise by 14.3% in April, according to the latest data from S&P Global Market Intelligence.

根据标准普尔全球市场情报公司的最新数据，Ishares比特币信托ETF（NASDAQ：IBIT）（可提供对比特币（Crypto：BTC）的主要风险（Crypto：BTC））的基金上涨了14.3％。

The IBIT ETF, managed by Blackrock (NYSE:BLK) - the world’s largest asset manager - is the main Bitcoin ETF in terms of trading volume and liquidity. It offers investors a traditional avenue to invest in Bitcoin through well-established custodial services and closely tracks the cryptocurrency’s price movements.

由贝莱德（NYSE：BLK）管理的IBIT ETF（全球最大的资产经理）是交易量和流动性的主要比特币ETF。它为投资者提供了传统的途径，可以通过良好的托管服务对比特币进行投资，并密切跟踪加密货币的价格变动。

Bitcoin has often been touted as a potential safe haven asset, similar to gold, especially in times of geopolitical turmoil or high inflation. However, its market behavior throughout 2023 has not yet consistently supported this claim.

比特币经常被吹捧为潜在的避风港资产，类似于黄金，尤其是在地缘政治动荡或高通货膨胀时期。但是，其整个2023年的市场行为尚未始终支持这一主张。

In March, Bitcoin’s price trends largely followed those of high-risk tech stocks, especially during periods of economic downturn. For instance, after the introduction of the “Liberation Day” tariffs on April 2, Bitcoin began to diverge from tech stocks. But later in the month, as trade war concerns diminished, it moved in parallel with their recovery.

3月，比特币的价格趋势在很大程度上遵循了高风险科技股的价格趋势，尤其是在经济低迷时期。例如，在4月2日引入“解放日”关税之后，比特币开始与科技股不同。但是在本月晚些时候，随着贸易战的关注减少，它与他们的恢复平行。

Is Bitcoin becoming a reliable asset?

比特币是否成为可靠的资产？

Prior to the tariff announcement on April 2, Bitcoin's performance was lackluster and largely mimicked the Nasdaq Composite index (NASDAQ: NASDAQ). But following the announcement, Bitcoin's price dropped less sharply than tech stocks.

在4月2日的关税宣布之前，比特币的性能乏味，在很大程度上模仿了纳斯达克综合指数（NASDAQ：NASDAQ）。但是，在宣布这一消息之后，比特币的价格下跌的幅度低于科技股。

Between April 8 and April 21, Bitcoin actually gained value while tech stocks continued to decline, showing a correlation with gold's market behavior during that time.

在4月8日至4月21日之间，比特币实际上获得了价值，而技术股票继续下降，这表明与黄金市场行为有着相关性。

IBIT data by YCharts

YCHARTS的IBIT数据

Post-April 2, the U.S. financial landscape witnessed unusual movements - long-term bond yields rose as the dollar weakened, a dynamic not typically seen in the U.S. but common in emerging markets. This signaled that international investors might be shifting away from U.S. assets, perceiving the U.S. as a higher-risk investment zone.

4月2日，美国金融景观见证了异常的运动 - 随着美元的削弱，长期债券收益率上升，这是美国通常在美国不见的动态，而在新兴市场中常见的。这表明国际投资者可能正在偏离美国资产，将美国视为高风险的投资区。

In this context, it may be relevant that Bitcoin, increasingly viewed as an alternative asset, experienced a surge in value.

在这种情况下，可能是说比特币越来越被视为替代资产，价值激增。

Interestingly, on April 22, following comments from Treasury Secretary Scott Bessent about likely easing tensions with China, markets rallied broadly. Gold, which had been increasing in value throughout the year, showed a slight decline. However, Bitcoin not only rallied in step with tech stocks but also appeared to benefit from its perceived status as a hedge against U.S. economic instability.

有趣的是，在4月22日，财政部长斯科特·贝斯特（Scott Bessent）关于缓解中国紧张局势的评论之后，市场广泛集会。全年价值越来越多的黄金显示出略有下降。但是，比特币不仅与科技股一起逐步集会，而且似乎受益于其认为是对冲美国经济不稳定的地位的地位。

Hence, in April, Bitcoin displayed characteristics of both an asset that hedges against economic uncertainty and a speculative tech investment, reacting to shifts in market sentiment.

因此，在4月，比特币展示了针对经济不确定性和投机性技术投资的对冲的资产的特征，对市场情绪的转变做出了反应。

Did April mark a turning point for Bitcoin?

April标记了比特币的转折点吗？

While Bitcoin's April performance was promising, it remains to be seen if it can consistently serve as both a protective asset in times of crisis and a speculative one like tech stocks. Typically, assets are categorized as one or the other, but Bitcoin, being relatively new, might still be finding its place in the investment landscape.

尽管比特币的四月表现令人鼓舞，但在危机时期既可以始终如一地充当保护性资产，又可以看出像技术股票一样，还有待观察。通常，资产被归类为另一个，但比特币相对较新，可能仍在投资格局中找到其位置。

When considering the year as a whole, Bitcoin has generally moved in tandem with tech stocks and has shown significantly less strength compared to gold, which has traditionally been a refuge during global financial crises and periods of high inflation.

当考虑整个年份时，比特币通常与科技股一起转移，并且与黄金相比，比特币显示出明显较小的力量，这在全球金融危机和高通货膨胀时期期间一直是避难所。

IBIT data by YCharts

YCHARTS的IBIT数据

April marked a notable month for Bitcoin as it started pulling away from tech stocks and showed signs of becoming a safe haven asset. However, it still lags behind gold in establishing itself as a reliable store of value.

April标志着比特币的一个值得注意的月份，因为它开始远离技术股票，并显示出成为避风港资产的迹象。但是，它仍然落后于黄金，将自己确立为可靠的价值存储。

Billy Duberstein and/or his clients have positions in Bitcoin. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.

比利·杜布斯坦（Billy Duberstein）和/或他的客户在比特币中拥有职位。 Motley傻瓜有位置并推荐比特币。 Motley傻瓜有披露政策。

Is Now the Time to Invest $1,000 in iShares Bitcoin Trust?

现在是时候投资1,000美元购买iShares比特币信托吗？

Before you consider iShares Bitcoin Trust, be aware that the analysts at Motley Fool Stock Advisor have spotlighted what they believe to be the 10 most investable stocks right now…and iShares Bitcoin Trust didn't make the list.

在您考虑Ishares比特币信托之前，请注意，Motley Fool Stock Advisor的分析师已焦点他们认为是目前最可投资的10个股票……而Ishares Bitcoin Trust并未列出列表。

The "Stock Advisor" picks no single stock to outmaximize gains, but they select what they deem to be the 10 best stocks for investors to consider.

“股票顾问”不选择超越收益的单一股票，但他们选择自己认为是投资者要考虑的10个最佳股票。

Those who invested in Netflix (NASDAQ:NFLX) when it was announced on December 17, 2004 would have a $1,000 investment become $623,685 today!* Or take Nvidia (NASDAQ:NVDA), which was selected on April 15, 2005 - that same investment would now be valued at $701,781!!

那些投资于Netflix（NASDAQ：NFLX）的人在2004年12月17日宣布时将有1,000美元的投资将变成623,685美元！

Over its history, Stock Advisor has an average return of 906% - significantly outperforming the S&P 500's 164%.

在其历史上，股票顾问的平均回报率为906％ - 明显优于标准普尔500的164％。

Want to see which 10 stocks the Stock Advisor team is recommending today? They're available exclusively to Stock Advisor members.

是否想看看今天推荐的股票顾问团队的10股？它们专门用于股票顾问成员。

Get started with Stock Advisor today and see which 10 stocks we're highly recommending for April 202

立即从股票顾问开始，看看我们强烈推荐哪些股票在202年4月