到第二季度结束时，比特币（BTC）可以达到125,000美元

拜比特（Bybit

The world's second-largest crypto exchange predicts that Bitcoin could hit $125,000 by the end of Q2 if current trends persist.

世界第二大加密交易所预测，如果当前趋势持续存在，则比特币将在第二季度结束时达到125,000美元。

"This all-time high marks a transformative moment in the evolution of global finance," said Shunyet Jan, Head of Derivatives at Bybit.

拜比特（Bybit）的衍生产品负责人舒尼特·扬（Shunyet Jan）说：“这个历史上的高度标志着全球金融的发展时刻。”

"If we look at the big picture, there are three main catalysts behind this rally: regulation, institutions, and macro pressure on the U.S. dollar."

“如果我们看一下大局，那么这次集会背后有三个主要催化剂：对美元的监管，机构和宏观压力。”

Jan highlighted the recent introduction of the GENIUS Act, which sets clearer rules for stablecoins.

扬强调了《天才法》最近的介绍，该法案为稳定剂制定了更清晰的规则。

"This kind of regulation builds confidence and infrastructure, which could help unlock further institutional adoption. We are seeing plenty of capital flow into spot Bitcoin ETFs, signaling that institutions are viewing BTC as a serious asset class."

“这种法规建立了信心和基础设施，这可以帮助释放进一步的机构采用。我们看到大量资本流入现货比特币ETF，表明机构正在将BTC视为严重的资产类别。”

These products provide regulated access to Bitcoin, drawing in long-term capital.

这些产品提供了长期资本绘制的受监管的比特币访问权限。

On the macro front, the weakening U.S. dollar is amplifying Bitcoin's appeal as a global hedge.

在宏观方面，美元削弱的美元正在扩大比特币作为全球对冲的吸引力。

"Bitcoin's inverse correlation to the dollar strengthens its role as digital gold, especially during periods of high inflation and economic uncertainty," Jan explained.

扬解释说：“比特币与美元的反相关性增强了其作为数字黄金的作用，尤其是在高通货膨胀和经济不确定性时期。”

While optimistic on Bitcoin's trajectory, Jan was cautious about altcoins.

虽然对比特币的轨迹乐观，但Jan对Altcoins持谨慎态度。

"Ethereum and other majors may follow BTC's lead, but high interest rates and macro uncertainty could cap gains for smaller tokens. Overall, the picture for altcoins is mixed and dependent on the broader market backdrop."

“以太坊和其他专业的专业可能会遵循BTC的领先优势，但是高利率和宏观不确定性可能会增加较小的代币。总体而言，AltCoins的情况是混杂的，并且取决于更广泛的市场背景。”

With BTC hovering above $110,000, Bybit's forecast of $125,000 by quarter's end reflects growing confidence in Bitcoin's role in the evolving financial landscape.

随着BTC徘徊在110,000美元以上，拜比特（Bybit）预测四分之一末的$ 125,000反映了对比特币在不断发展的金融景观中的作用的信心。