比特币（BTC）的价格飙升超过$ 110,000，以设定新的历史最高

比特币飙升了$ 110,000

Cryptocurrencies continued to rally on Wednesday evening, with Bitcoin setting a new all-time high.

加密货币在周三晚上继续集会，比特币设定了新的历史最高水平。

The previous peak for BTC, reached during President Donald Trump’s inauguration in January, was surpassed in late morning trading, according to crypto.news data. The buying momentum sustained even after U.S. equity markets closed with the largest cryptocurrency by market pushing above $110,000.

根据Crypto.News Data的数据，在唐纳德·特朗普（Donald Trump）在一月份就职典礼上达到的BTC的先前高峰在凌晨交易中超过了。即使在美国股票市场以最大的加密货币推向110,000美元以上，购买势头也持续下去。

Bitcoin has gained more than 4.5% in the past 24 hours and over 23% in the last month, reflecting a sharp reversal from April’s downturn.

在过去的24小时中，比特币在上个月增长了4.5％以上，超过23％，反映了四月的衰退局势急剧。

U.S. equities

美国股票

The rally mirrors the broader recovery in U.S. equities, despite Wednesday’s sell-off on Wall Street. Since late April, the S&P 500 has climbed 15%, while the Nasdaq is up more than 21%.

尽管周三在华尔街抛售，但集会反映了美国股票的更广泛的恢复。自4月下旬以来，标准普尔500指数已攀升15％，而纳斯达克股票增长了21％以上。

Analysts attribute the bounce to growing optimism that President Trump’s trade policies may be less aggressive than initially feared.

分析师将反弹归因于越来越乐观，特朗普总统的贸易政策可能比最初所担心的不那么积极。

After introducing steep tariffs in early April—including a blanket 10% import tax and additional penalties for Chinese goods—the White House signaled a partial retreat.

在4月初引入了陡峭的关税（包括毛毯10％的进口税和对中国商品的额外罚款）后，白宫表示部分撤退。

A 90-day pause on the most severe measures was announced last week by Treasury Secretary Scott Bessent following negotiations with Chinese officials.

在与中国官员进行谈判后，财政部长斯科特·贝斯特（Scott Bessent）上周宣布了最严重的措施的90天停顿。

Bitcoin initially fell to a two-month low of $76,000 shortly after Trump unveiled the tariffs, reflecting market fears over a broader global slowdown.

特朗普公布关税后不久，比特币最初跌至76,000美元的两个月低点，这反映了市场对全球更大放缓的担忧。

Despite Bitcoin’s reputation as a hedge against traditional financial assets, it often trades in tandem with risk-on equities, especially tech stocks.

尽管比特币是对冲传统金融资产的对冲，但它通常与风险股票（尤其是技术股票）同时进行交易。

What’s going on with Bitcoin

比特币发生了什么事

Some of Bitcoin’s momentum appears driven by crypto-native catalysts. Enclave Markets CEO Phil Wirtjes said the rally was “likely aided by policy advancements,” particularly bipartisan progress on stablecoin legislation.

比特币的一些动力似乎是由加密本地催化剂驱动的。 Enclave Markets首席执行官Phil Wirtjes表示，该集会“可能受到政策进步的帮助”，尤其是两党在Stablecoin立法方面的进步。

A draft bill that would establish clearer rules for USD-backed digital tokens has gained traction in the Senate.

一项将为美元支持的数字代币制定更明确规定的法案草案在参议院中引起了人们的关注。

Institutional demand has also picked up. Spot Bitcoin ETFs attracted $329 million in inflows over the last 24 hours.

机构需求也已经达到。在过去的24小时内，现场比特币ETF吸引了3.29亿美元的流入。

Bitcoin’s latest rally raises questions about how much of its performance is driven by macro versus crypto-native factors.

比特币的最新集会提出了有关其宏与加密本地因素驱动多少的疑问。

While regulatory clarity and ETF inflows are key tailwinds, the correlation with stocks suggests that investor appetite for risk remains a dominant force in both arenas.

虽然监管清晰度和ETF流入是关键的方风，但与股票的相关性表明，投资者对风险的需求仍然是两个领域的主要力量。