百万美元资金流入，比特币价格飙升

过去一个月，加密货币市场的特点是剧烈波动，多种资产出现严重的价格暴跌和不稳定。

The past month in the crypto market was characterized by intense volatility, with significant price crashes and instability recorded among several assets. Bitcoin suffered a major decline during this period, falling below key support levels.

过去一个月，加密货币市场的特点是剧烈波动，多种资产出现严重的价格暴跌和不稳定。比特币在此期间经历了大幅下跌，跌破了关键支撑位。

However, the past weeks have seen a notable uptick in Bitcoin’s price, begging the question of what drives the recovery.

然而，过去几周比特币价格显着上涨，引发了人们对推动复苏的因素的疑问。

BTC Price Soars with Million-Dollar Inflows

百万美元资金流入，比特币价格飙升

The ongoing positive turn for crypto investment products has led to another round of substantial inflows, totaling $215 million last week. According to a Monday, July 29 CoinShares report, Bitcoin took the crown with a healthy $519 million fund inflows.

加密货币投资产品的持续积极好转导致又一轮大量资金流入，上周资金流入总额达 2.15 亿美元。根据 CoinShares 7 月 29 日星期一的报告，比特币以 5.19 亿美元的健康资金流入夺得桂冠。

The multi-million dollar influx of funds built on BTC’s $1.27 billion inflow from the past week, marking the continuation of a weeks-long streak for the world’s largest crypto asset and bringing its month—and year-to-date inflows to US$3.6 billion and $19 billion, respectively.

数百万美元的资金流入建立在比特币过去一周 12.7 亿美元的流入基础上，标志着全球最大加密资产连续几周的连续流入，使其月度和年初至今的流入额达到 36 亿美元和 190 亿美元。

Bitcoin’s surge in inflow coincides with an ongoing pump in price, which has seen the token surge approximately 10% from the past week’s low point of $63,000 to a current trading price of over $69,000. CoinShares argues that the uptick is likely driven by the frequent mention of BTC among the US presidential election candidates, many of whom have endorsed the crypto king as a potential strategic reserve asset.

比特币流入量激增与价格持续上涨同时发生，该代币从上周的低点 63,000 美元飙升至当前超过 69,000 美元的交易价格约 10%。 CoinShares 认为，比特币价格上涨可能是由于美国总统选举候选人频繁提及 BTC，其中许多人都认可比特币作为潜在的战略储备资产。

Bitcoin’s strong performance stands out, particularly against the varying levels of underperformance among other assets, including Ethereum.

比特币的强劲表现引人注目，尤其是与包括以太坊在内的其他资产表现不同程度的表现不佳相比。

Ethereum Performance Seesaw

以太坊性能跷跷板

Last week, mixed performance among issuers of the newly-launched Ethereum exchange traded funds (ETF) resulted in a whopping $285 million funds exit for ETH.

上周，新推出的以太坊交易所交易基金 (ETF) 发行人的表现参差不齐，导致 ETH 资金退出规模高达 2.85 亿美元。

The outflow was largely driven by significant withdrawals from Grayscale’s newly converted Ethereum Trust ETF (ETHE), which has seen nearly $1.15 billion in outflows since its launch on Tuesday. CoinShares noted that these withdrawals overshadowed the positive impact of the ETF inflows, which topped $2.2 billion in inflows.

此次资金流出主要是由灰度新转换的以太坊信托 ETF (ETHE) 的大量撤资推动的，自周二推出以来，该 ETF 已流出近 11.5 亿美元。 CoinShares 指出，这些提款掩盖了 ETF 流入的积极影响，ETF 流入量超过 22 亿美元。

The volatility also affected Ethereum’s price, resulting in a slight dip over the week. However, Ethereum is trading at $3,372 at press time, with a 3.3% increase in the last 24 hours, indicating some efforts toward recovery.

波动也影响了以太坊的价格，导致本周小幅下跌。然而，截至发稿时，以太坊的交易价格为 3,372 美元，在过去 24 小时内上涨了 3.3%，表明有一些复苏的努力。

On the Flipside

另一方面

Why This Matters

为什么这很重要

The shifting market sentiment, underscored by substantial inflows into Bitcoin, signals renewed investor confidence. If this momentum continues, it could drive Bitcoin to new price highs and positively influence the broader market.

大量资金流入比特币凸显了市场情绪的变化，标志着投资者信心的恢复。如果这种势头持续下去，可能会将比特币推向新的价格高点，并对更广泛的市场产生积极影响。

Read more about Ethereum’s performance in recent weeks and the impacts of the ETFs:

了解有关以太坊近几周表现以及 ETF 影响的更多信息：

ETH Faces Headwinds as OI Levels Rise with Ethereum ETFs Debut

随着以太坊 ETF 的首次亮相，OI 水平上升，ETH 面临阻力

Mt. Gox continues customer settlement process as more creditors celebrate payouts, read more:

随着越来越多的债权人庆祝付款，Mt. Gox 继续进行客户结算流程，了解更多：

Mt. Gox Creditors See More Payouts as Bitstamp Distributes BTC

Bitstamp 分配 BTC，Mt. Gox 债权人看到更多赔付