比特币的价格飙升至今早$ 104,000

机构流入，创纪录的ETF动力以及不断增长的公司采用的混合在一起，这加剧了这一集会。

The price of Bitcoin has surged past $104,000 this morning, and it’s no accident. A mix of surging institutional inflows, record-breaking ETF momentum, and growing corporate adoption are fueling this rally. Here’s what’s helping contribute to the rising price of Bitcoin.

今天早上，比特币的价格已经超过104,000美元，这绝非偶然。机构流入，创纪录的ETF动力以及不断增长的公司采用的混合在一起，这加剧了这一集会。这是有助于对比特币价格上涨的贡献的原因。

JUST IN: #Bitcoin hits $104,000 💥 pic.twitter.com/YMbyi3cZq2

就在：#bitcoin hits $ 104,000💥pic.twitter.com/ymbyi3czq2

Big institutions like banks, asset managers, and even some companies are putting money into Bitcoin through ETFs (exchange-traded funds).

银行，资产经理甚至一些公司等大型机构正在通过ETF（交易所交易资金）将钱投入比特币。

On Wednesday, James Seyffart of Bloomberg ETF Research reported that spot Bitcoin ETFs have officially hit a new all-time high in lifetime flows, according to Bloomberg data. This marks a sharp recovery from the dip earlier this year and signals strong investor conviction.

据彭博社数据称，彭博ETF研究的詹姆斯·塞夫特（James Seyffart）报告说，据彭博社数据称，现货比特币ETF已正式达到了终生流量的新历史最高水平。这标志着今年早些时候从跌幅中急剧恢复，并表示强烈的投资者定罪。

“Lifetime net flows is #1 most imp metric to watch IMO, very hard to grow, pure truth, no bs,” said Ericl Balchunas, Bloomberg Senior ETF Analyst. “Impressive they were able to make it to new high water mark so soon after the world was supposed to end. Byproduct of barely anyone leaving, left only a tiny hole to dig out of.”

彭博社高级ETF分析师Ericl Balchunas说：“终身网络流量是观看IMO，很难成长，纯粹的真相，没有BS的最大限额指标。” “令人印象深刻的是，他们能够在全世界结束后不久就能够进入新的高水位。

After yesterdays inflows, the spot Bitcoin ETFs are now at a new high water market for lifetime flows. Currently at $40.33 billion according to Bloomberg data h/t @EricBalchunas pic.twitter.com/0GKPNlmprs

昨天的流入后，现货比特币ETF现在处于终生流动的新高水位市场。目前根据彭博数据h/t @ericbalchunas pic.twitter.com/0gkpnlmprs为403.3亿美元

ETF resilience suggests institutional investors not only just didn’t flinch during recent market corrections, but started buying more — a key signal that further shows Bitcoin’s base is strengthening. The data also supports the case that many of these investors are in for the long haul, not quick flips. The ETFs have been on a buying spree, helping push up the price.

ETF的弹性表明，机构投资者不仅在最近的市场纠正中不退缩，而且开始购买更多的信号，这是进一步表明比特币的基础正在加强的关键信号。这些数据还支持许多这些投资者长期使用的情况，而不是快速翻转。 ETF一直在购买，有助于提高价格。

U.S. 🇺🇸 Bitcoin ETF inflows by day 👇 pic.twitter.com/GVzvX6pu2b

美国🇺🇸比特币ETF流入一天👇pic.twitter.com/gvzvx6pu2b

At the same time, macro adoption trends are accelerating. Strategy Executive Chairman Michael Saylor noted earlier this week at the Bitcoin For Corporations event at Strategy World 2025 that “Bitcoin treasury companies are getting exponentially more powerful.” Japanese public company Metaplanet CEO Simon Gerovich shared that he believes a “tidal wave” of more companies will be adopting Bitcoin as a reserve asset.

同时，宏观采用趋势正在加速。战略主席迈克尔·塞勒（Michael Saylor）本周早些时候在《战略世界2025年的比特币》中指出，“比特币国库公司的公司变得更加强大。”日本上市公司Metaplanet首席执行官西蒙·格罗维奇（Simon Gerovich）分享说，他认为更多公司将采用比特币作为储备资产。

This outlook is backed by Strategy CEO Phong Le’s prediction that the number of corporate Bitcoin holders will skyrocket to from 70 to 700 companies by next year. It’s a bold forecast, but one supported by the increasing popularity of Bitcoin as a treasury reserve asset in a time of dollar debasement and sovereign debt concern.

战略首席执行官Phong Le的预测支持了这种前景，即公司比特币持有人的数量将在明年到明年的70至700家公司。这是一个大胆的预测，但是在美元贬值和主权债务关注的时候，比特币作为国库券资产的普及而支持。

Julien Bittel, Head of Macro Research at Global Macro Investor, shared a chart showing how Bitcoin’s price continues to closely follow the global M2 money supply — a measure of worldwide liquidity. His updated chart shows a strong correlation, with a clear upward trend. “We’re going higher,” Bittel commented, suggesting that as more money flows into the global economy, some of it is landing in Bitcoin.

全球宏观投资者宏观研究负责人朱利安·比特尔（Julien Bittel）分享了一张图表，显示了比特币的价格如何继续跟随全球M2货币供应，这是全球流动性的衡量标准。他更新的图表显示了强烈的相关性，并具有清晰的上升趋势。贝特尔评论说：“我们要更高。”当越来越多的钱流入全球经济时，其中一些人正在降落在比特币中。

Lots of you have been asking for the updated Global M2 vs. Bitcoin chart. Well, here it is…And yes – it still tells the same story: We’re going higher…

你们中的许多人一直在要求更新的全局M2与比特币图表。好吧，这是……是的 - 它仍然讲述了同样的故事：我们要更高…

All signs point to momentum building: institutional demand via ETFs, corporate treasury adoption, M2 correlation, and investor confidence appear to be pushing Bitcoin upward.

所有迹象都指向动力建设：通过ETF，公司财政部采用，M2相关性和投资者信心的机构需求似乎正在向上推动比特币。

In addition to all this, there’s growing belief that Bitcoin is becoming more accepted as a long-term store of value — like digital gold. On top of that, with inflation fears and concerns about the U.S. dollar, some investors are turning to Bitcoin as a way to protect their money.

除此之外，人们越来越相信比特币正变得越来越被视为价值的长期存储，例如数字黄金。最重要的是，由于通货膨胀的担忧和对美元的担忧，一些投资者正在转向比特币，以保护他们的钱。

Supporting the bullish technical narrative, ChartsBTC reported on X this week that Bitcoin’s current price of $102,766 reflects a 10% year-to-date gain, up from $93,381 at the end of 2024.

ChartsBTC在支持看涨的技术叙事时在本周X上报道说，比特币目前的价格为102,766美元，反映了10％至今的增长，高于2024年底的93,381美元。