比特币已经上涨了93,000美元，达到了最高

比特币已经上涨了93,000美元，自3月下旬以来的市场上最高。

Bitcoin (BTC) has risen past $93,000, touching its highest in the market since late March. The news comes when U.S. equities are being pushed lower, and gold retreats from an all-time high. Analysts now have turned to anticipating that the altcoin could be on the verge of rallying.

比特币（BTC）上涨了93,000美元，自3月下旬以来的市场上最高。当美国股票被推高时，这一消息传来了，并从历史悠久的高处撤退了黄金。分析师现在已转向预期，山寨币可能处于集会的边缘。

Analyst Michaël van de Poppe highlighted that Bitcoin is still ranging and gathering steam while the Ethereum ecosystem contracts continue to rally. Ethereum has seen only a small uptick in price while the DeFı and Layer 2 space has outperformed.

分析师Michaëlvan de Poppe强调，比特币仍在播放和收集蒸汽，而以太坊生态系统合同继续集会。以太坊只有很小的价格上涨，而第2层空间的表现优于。

Another analyst, Miles Deutscher, identified two signs that fueled optimism about altcoin. The first of these is the decoupling of Bitcoin from other markets, such as equity markets. While the S&P 500 weakened amidst macros and trade war effects, Bitcoin soared more than 3% on Monday and was over it. The second is a bullish triple bottom pattern in the altcoin market cap view, which is a typical reversal pattern.

另一位分析师Miles Deutscher确定了两个对Altcoin乐观的迹象。其中首先是比特币与其他市场（例如股票市场）的解耦。尽管标准普尔500指数削弱了宏和贸易战的影响，但比特币在周一飙升了3％以上，并且已经超过了。第二个是Altcoin Market Cap View中的看涨三重底部模式，这是典型的逆转模式。

Current crypto market combo:• $BTC de-coupling• Altcoin triple bottomGonna be an interesting next few weeks. 👀 pic.twitter.com/vEKja16emX

当前的加密市场组合：•$ BTC DE耦合•Altcoin Triple Totsgonna在接下来的几周内成为一个有趣的事情。 👀pic.twitter.com/vekja16emx

However, at the same time, Bitcoin is actively regaining an association with gold, which peaked at $3,500 and is now trading at nearly $3,455. In the past, gold appeared to have played a leading role in signaling an uptrend in BTC, mainly as a safe-haven asset.

但是，与此同时，比特币正在积极重新获得与黄金的联系，黄金的峰值为3500美元，现在的交易价格接近3,455美元。过去，黄金似乎在向BTC上的上升趋势（主要是避风港资产）中发挥了领导作用。

Rising Inflows and Stablecoin Growth Signal Fresh Liquidity

流入和Stablecoin增长信号的上升新鲜流动性

The U.S. spot Bitcoin ETFs also revealed institutional buyers’ interest and witnessed their highest daily inflows after 90 days. The flows seem to be linked to expectations around Federal Reserve policy, with Donald Trump reportedly eyeing to sack Jerome Powell.

美国现场比特币ETF还揭示了机构买家的兴趣，并在90天后目睹了他们的每日最高流入。这些流程似乎与对美联储政策的期望有关，据报道，唐纳德·特朗普（Donald Trump）着眼于萨克·杰罗姆（Jerome Powell）。

The crypto market is also growing in terms of liquidity. Tether stablecoin’s market capitalization has risen by 26% in eight months, while the USDC has risen by nearly 93%. Many analysts see this rise in stablecoin supply as a bullish narrative, which signals that capital is up for the task of funding higher-risk altcoins.

加密市场在流动性方面也在增长。 Tether Stablecoin的市值在八个月内增长了26％，而USDC上升了近93％。许多分析人士认为，稳定供应的这种兴起是看涨的叙述，这表明资本是为了资助高风险山寨币的任务。

Still, doubts remain. According to Matrixport analysts, Ethereum’s dominance is falling once again, thus undermining the season of altcoins. Moreover, the CoinMarketCap of the altcoin season currently stands at 16, which is significantly lower than the 75, which is indicative of an altcoin season.

尽管如此，仍然存在疑问。根据Matrixport分析师的说法，以太坊的统治地位再次下降，从而破坏了Altcoins的季节。此外，Altcoin季节的CoinMarketCap目前为16，明显低于75，这表明了Altcoin季节。

Bitcoin Still Dominates as Altcoins Struggle to Hold Value

比特币仍然占主导地位，因为山寨币难以保持价值

A recently released report by Swan, the Bitcoin-only financial firm, notes that people should not expect altcoins to replicate prior trends. Its study revealed that the majority of the altcoins in the market have always been below 90% in value of the leading coin, Bitcoin, within the next 10 to 20 months of their peak.

仅比特币金融公司Swan最近发布的一份报告指出，人们不应该期望Altcoins复制先前的趋势。它的研究表明，在峰值的未来10到20个月内，市场上大多数山寨币的价值一直低于90％。

His analysis establishes Bitcoin remains the dominant store of value in the crypto market. This has increased from the previous 40% in November 2022, paving the way for more capital to go to Bitcoin than to altcoins.

他的分析确定比特币仍然是加密货币市场中价值的主要存储。从2022年11月的前40％开始，这已经增加了，这为比特币的资本铺平了道路。

Some analysts are wondering whether cycles of altcoins will remain in future cycles at all. With growing institutional demand for BTC and better regulatory frameworks being adopted globally, the landscape may have changed permanently to BTC-focused investment flows.

一些分析师想知道，山寨币的循环是否会完全保留在未来的周期中。随着对BTC的机构需求不断增长，并且在全球采用了更好的监管框架中，景观可能已永久变化为以BTC为重点的投资流。