比特币（BTC）超过字母（Google）成为第五大资产

就总市值而言

Bitcoin (BTC) has surged past Alphabet (Google) to become the fifth largest asset in the world in terms of total market cap, valued at $1.861 trillion.

就总市值而言，比特币（BTC）已经超越了字母（Google），成为世界上第五大资产，价值为1.861万亿美元。

The latest rally has taken Bitcoin past $93,700, making it its best year yet and solidifying its position among the world’s most valuable assets. It is now behind only NVIDIA, which has a market cap of $2.412 trillion, putting the gap at approximately $550bn.

最新的拉力赛将比特币超过93,700美元，使其成为迄今为止最好的一年，并巩固了其在世界上最有价值的资产中的地位。现在，它仅落后于NVIDIA，后者的市值为2.412万亿美元，使差距约为550亿美元。

For the current milestone, Bitcoin reached the highest-ever rank among assets. While its market cap went over $2 trillion when exceeding $109,000, today’s ranking means new territories. Earlier, tech stocks boasted considerably higher valuations, suppressing Bitcoin’s comparative placement.

对于当前的里程碑，比特币在资产中达到了有史以来最高的排名。虽然其市值超过了2万亿美元，而当今排名意味着新领土。早些时候，科技股具有更高的估值，从而抑制了比特币的比较位置。

What is Fueling the Bitcoin Rally?

是什么促进了比特币集会？

The push towards Bitcoin seems to be building again owing to the positive signals emanating from the U.S. and China trade war front. This has led to Nasdaq futures and tech equities rising due to increased investor sentiment, with Bitcoin now recognized by institutions.

由于美国和中国贸易战线发出的积极信号，对比特币的推动似乎再次建立。这导致纳斯达克期货期货和技术股票的增长，由于投资者的情绪增加，比特币现在被机构认可。

The largest number of net ETF inflows was recorded on April 22, 2015, amounting to $ 936 million, which is greater than $ 381 million on April 21, 2015. ARK invested $267.1 million, while 21Shares pocketed the profit by investing $253.8 million. This was the first time since January 17, and it boosted large investors’ confidence in these numbers.

2015年4月22日记录了最多的净ETF流入量，总计9.36亿美元，2015年4月21日大于3.81亿美元。方舟投资了2.671亿美元，而21shares则通过投资2.538亿美元赚取了利润。这是自1月17日以来的第一次，它增强了大型投资者对这些数字的信心。

Recently, the open interest in Bitcoin derivatives reached $67.19 billion from Coinglass. That amounts to a $9 billion increase in 24 hours. This number is close to the record high recorded in January this year. Analysts see this as market participation.

最近，对比特币衍生产品的开放兴趣从Coinglass中达到了671亿美元。这在24小时内增加了90亿美元。这个数字接近今年1月记录的纪录。分析师认为这是市场参与。

Peter Brandt, a veteran trader with a relatively conservative approach, recently shared that he is a Bitcoin holder. He noted a sharp rise above a primary trendline and a consolidation range, with a reference level of $99,416 as the next significant resistance level. Brandt’s move aligns with other technical analysts who have adopted the bullish structural view of Bitcoin.

彼得·布兰特（Peter Brandt）是一位具有相对保守的方法的资深商人，最近分享说他是比特币持有人。他指出，高于主要趋势线和合并范围的急剧上升，参考水平为99,416美元，这是下一个重要的阻力水平。布兰特的举动与采用比特币的看涨结构观点的其他技术分析师保持一致。

He noted, “My goal is to advance stops ASAP toward a breakeven trade. I’m long $BTC. Wide bodied green bars allow me to advance stops quickly.”

他指出：“我的目标是尽快迈向一笔盈余的交易。我很长一段时间以来。宽阔的绿色酒吧，我可以迅速停下来。”

Bitcoin’s Path to the Top Four Assets

比特币进入前四个资产的道路

While it is ranked fifth, the question is how soon it will be able to overtake NVIDIA. The answer lies in the continuation of the ETF growth, macroeconomic stability, and positive equities changes. NVIDIA has retraced from the recent high while Bitcoin’s volumes and basic technicals remain very bullish.

虽然排名第五，但问题是它将多久能够超越Nvidia。答案在于ETF增长，宏观经济稳定性和积极股票的延续。 NVIDIA已从最近的高点回顾，而比特币的量和基本技术仍然非常看涨。

If such rates persist, BTC may threaten NVIDIA in the short run with nearness. The increasing association with safe-haven assets and recent break from other risk assets imply capital rotation into cryptocurrencies may be in progress.

如果这种速度持续存在，BTC可能会在短期内临近威胁NVIDIA。与安全资产的越来越多的关联以及最近与其他风险资产的中断意味着资本旋转向加密货币可能正在进行中。

Notably, Bitcoin has also made a new high in terms of the Nasdaq index. The cryptocurrency scaled above crucial averages to triumph over leading tech funds in the past week. While Bitcoin was initially traded as a purely speculative commodity, more and more investors are using it as a hedge and as a store of value.

值得注意的是，比特币在纳斯达克指数方面也提高了新的高度。在过去一周中，加密货币在关键的平均水平上缩放了领先的科技基金。尽管比特币最初被交易为纯粹的投机性商品，但越来越多的投资者将其用作对冲和价值存储。