在过去的24小时内，比特币（BTC）的价格上涨了4％以上，超过了先前的心理上限约109,353美元，并在5月11日星期三的北美贸易会议上，创下了创纪录的新历史最高高点，约为109,864美元。

比特币的市值超过了2.17万亿美元，因此超过了亚马逊和Google成为世界上第五大资产。

Bitcoin (BTC) price rallied over 4 percent in the past 24 hours to surpass a previous psychological ceiling of about $109,353 and reach a record new all-time high of around $109,864 on Wednesday, May 11 during the mid North American trading session. Bitcoin’s market cap surpassed $2.17 trillion, thus overtaking Amazon and Google to become the 5th biggest asset in the world.

在过去的24小时内，比特币（BTC）的价格上涨了4％以上，超过了先前的心理上限约109,353美元，并在5月11日星期三的北美贸易会议上，创下了创纪录的新历史最高高点，约为109,864美元。比特币的市值超过了2.17万亿美元，因此超过了亚马逊和Google成为世界上第五大资产。

The wider altcoin market followed in tandem, thus the total crypto market cap rising to around $3.57 trillion. Consequently, around $400 million was rekt from the crypto leveraged, mostly involving short traders.

随后，更广泛的山寨币市场串联，因此加密市值的总上限升至3.57万亿美元。因此，从加密货币的杠杆率中，大约有4亿美元的资金是涉及短交易者。

Major Forces Behind Bitcoin Pump Today

今天的比特币泵背后的主要力量

Debt Crisis in the United States

美国的债务危机

As the tariff war eases, investors’ concerns have shifted to the high U.S. debt amid anticipated stagflation. Earlier this week, Jamie Dimon, CEO of JPMorgan, highlighted that the $36 trillion U.S. debt, which is 122 percent of the country’s GDP, is a major concern.

随着关税战争的缓解，由于预计会陷入困境，投资者的担忧已转移到美国的高债务。本周早些时候，摩根大通（JPMorgan）首席执行官杰米·戴蒙（Jamie Dimon）强调，美国GDP的122％的36万亿美元债务是一个主要问题。

Meanwhile, the Fed recently repurchased more than $43 billion in U.S. treasuries, thus quietly returning to quantitative easing (QE). On Wednesday, the 20-year U.S. Treasury yield climbed 5.104 percent, the highest level since November 2023.

同时，美联储最近在美国国债中回购了超过430亿美元，因此悄悄返回了定量宽松（QE）。周三，美国20年的美国财政收益率上升了5.104％，是2023年11月以来的最高水平。

As a result, Robert Kiyosaki, a financial educator, noted that the U.S. dollar will continue to weaken and push BTC price and Gold higher in the near term.

结果，金融教育家罗伯特·基约萨基（Robert Kiyosaki）指出，美元将继续削弱和推动BTC的价格和黄金在短期内提高。

Crypto Regulatory Clarity in the U.S.

美国加密监管清晰度

On Wednesday, the U.S. Senate advanced the GENIUS Act on stablecoins with the needed threshold of 60 votes. The bill now faces possible amendments, which could set the stage for enactment by August.

周三，美国参议院提出了《稳定法》的《天才法》，其必需的门槛为60票。该法案现在面临可能的修正案，这可能在八月之前为颁布奠定了基础。

The notable advancement of crypto regulations in the United States will help in the mainstream adoption of digital assets, particularly by institutional investors.

美国加密法规的显着进步将有助于主流采用数字资产，特别是机构投资者。

Stablecoin legislation is about to pass the Senate, and Bitcoin just hit a new all time high.

Stablecoin立法即将通过参议院，而比特币只是一直以来都有新的。

Rising Demand from Institutional Investors

机构投资者的需求增加

The overall demand for Bitcoin by institutional investors, led by the U.S. spot BTC ETF issuers and Strategy, has significantly increased in the past month. Consequently, the overall BTC supply on centralized exchanges dropped to a multi-year low, which ultimately fueled the bullish sentiments.

在过去的一个月中，由美国现货BTC ETF发行人和战略领导的机构投资者对比特币的总体需求已大大增加。因此，集中式交易所的总体BTC供应量下降到多年低点，最终助长了看涨的情绪。

Technical Tailwinds

技术风风

Bitcoin price has gradually followed Gold price, amid the rising global money supply, in the recent past.

在最近的全球货币供应中，比特币价格逐渐遵循黄金价格。

I think it is wonderful Bitcoin is making ATHs. I am long.I actually think ATHs is not technically significantBull markets make ATHs all the time. It is the definition of a bull marketOn track maybe for top of $125,000 to $150,000 by end of August???? (Hey trolls, note the… pic.twitter.com/8PDatXYGP2

我认为这是很棒的比特币正在制作ATHS。我很长。我实际上认为ATHS并不是技术上重要的市场，一直使Aths成为ATHS。到8月底，这是公牛市场轨道的定义，可能是125,000美元至150,000美元？？？？ （嘿巨魔，请注意…pic.twitter.com/8pdatxygp2

From a technical analysis standpoint, BTC price is well positioned to sustain its bullish momentum in the coming days and weeks, catalyzed by institutional and retail FOMO.

从技术分析的角度来看，BTC的价格在未来几天和几周内得到了良好的位置，并由机构和零售FOMO催化。