比特币与黄金的比率创下新纪录，比特币击败黄金

比特币的迅速崛起改写了全球资产主导地位的叙述，其相对于黄金的价值本周达到了前所未有的水平。

Bitcoin’s value relative to gold reached new heights this week, setting a record in the Bitcoin-to-gold ratio.

比特币相对于黄金的价值本周达到新高，创下了比特币与黄金比率的纪录。

The ratio, which compares the value of Bitcoin to an ounce of gold, reached 40 on Friday, indicating that it now takes 40 ounces of gold to purchase one Bitcoin.

该比率将比特币与一盎司黄金的价值进行比较，周五达到 40，这表明现在需要 40 盎司黄金才能购买一个比特币。

The milestone comes amid Bitcoin’s soaring price, which surpassed $107,000, while gold hovers around $2,650 per ounce.

这一里程碑发生之际，比特币价格飙升，突破 107,000 美元，而黄金价格徘徊在每盎司 2,650 美元左右。

The ratio serves as a key benchmark, highlighting Bitcoin’s growing dominance in the financial landscape.

该比率是一个关键基准，凸显了比特币在金融领域日益增长的主导地位。

The new record comes as Bitcoin’s mining difficulty also reached new peaks, recently surpassing 105 trillion.

这一新纪录出现之际，比特币的挖矿难度也达到了新的峰值，最近超过了 105 万亿。

Mining difficulty, which adjusts approximately every two weeks, is next scheduled to be updated on Jan. 1, 2025.

挖矿难度大约每两周调整一次，下次计划于 2025 年 1 月 1 日更新。

Bitcoin Surges Past Gold

比特币飙升超过黄金

Traditionally, gold has been seen as a hedge against inflation and economic uncertainty.

传统上，黄金被视为对冲通胀和经济不确定性的工具。

However, Bitcoin’s rapid ascent is underscoring its emerging role as a digital alternative to such assets.

然而，比特币的快速崛起凸显了其作为此类资产的数字替代品的新兴作用。

According to analysts, Bitcoin’s deflationary design, limited supply, and global accessibility have positioned it as a credible rival to gold.

分析师表示，比特币的通货紧缩设计、有限的供应和全球可及性使其成为黄金的可靠竞争对手。

Prominent trader Peter Brandt remains bullish on Bitcoin’s trajectory, predicting the Bitcoin-to-gold ratio could soon climb to 89 to 1.

著名交易员 Peter Brandt 仍然看好比特币的走势，预测比特币与黄金的比率可能很快会攀升至 89:1。

Such projections add to the broader narrative that Bitcoin may capture a significant share of gold’s estimated $15 trillion market capitalization.

这些预测增加了更广泛的说法，即比特币可能会占据黄金估计 15 万亿美元市值的很大一部分。

Bitcoin ETFs Narrow the Gap With Gold ETFs

比特币 ETF 缩小了与黄金 ETF 的差距

The rise in Bitcoin’s value has also been accompanied by growing investor appetite for Bitcoin ETFs (exchange-traded funds), which are rapidly closing the gap with gold ETFs.

比特币价值的上涨也伴随着投资者对比特币 ETF（交易所交易基金）的兴趣不断增长，比特币 ETF 正在迅速缩小与黄金 ETF 的差距。

Bitcoin ETFs now manage $107 billion, approximately 86% of the $130 billion held in gold ETFs.

比特币 ETF 目前管理着 1070 亿美元，约占黄金 ETF 持有的 1300 亿美元的 86%。

The speed of Bitcoin ETF adoption has been staggering. Over the past 10 months, Bitcoin ETFs amassed $70 billion in assets—a milestone that took gold ETFs nearly 20 years to achieve.

比特币 ETF 的采用速度令人震惊。过去 10 个月，比特币 ETF 积累了 700 亿美元的资产——这一里程碑是黄金 ETF 花了近 20 年才实现的。

This year alone, Bitcoin ETFs attracted $30 billion in inflows, dwarfing the $2 billion seen by gold ETFs.

仅今年一年，比特币 ETF 就吸引了 300 亿美元的资金流入，令黄金 ETF 的 20 亿美元资金流入相形见绌。

Bitcoin’s price performance further highlights its dominance, delivering a 75% surge year-to-date, compared to gold’s more modest 40% return.

比特币的价格表现进一步凸显了其主导地位，今年迄今为止，比特币的价格飙升了 75%，而黄金的回报率则较为温和，只有 40%。

The disparity underscores Bitcoin’s appeal to a new generation of investors seeking higher returns and alternative store-of-value options.

这种差异凸显了比特币对寻求更高回报和替代价值储存选择的新一代投资者的吸引力。