新加密牛：比特币飙升超过$ 100,000，altcoins骑了波浪

公牛奔跑在这里：比特币损失了10万美元，它将其余的加密货币市场带来。让我们看看是什么驱动了炒作，接下来会发生什么。”

The bull run is here: Bitcoin broke $100K, and it’s pulling the rest of the crypto market up with it. Let’s look at what’s driving the hype and what might come next.

公牛奔跑在这里：比特币损失了10万美元，它将其余的加密货币市场带来。让我们看看是什么推动了炒作，接下来会发生什么。

The Bitcoin price has surged past $100,000, driven by growing investor demand and macroeconomic optimism. This marks a major breakout after a deep correction, paving the way for a potential altcoin season as well.

由于投资者的需求和宏观经济乐观的增长，比特币价格飙升了100,000美元。这标志着经过深刻的纠正，这是一个重大突破，为潜在的Altcoin季节铺平了道路。

As of May 19, Bitcoin’s price hovers around $101K, showcasing a 100% increase from its 2024 lows. The cryptocurrency's return to the $100K level is a significant milestone in the ongoing bull market.

截至5月19日，比特币的价格徘徊在10.1万美元左右，显示出比其2024年低点增长100％。加密货币恢复到$ 100k的水平是正在进行的牛市的重要里程碑。

This surge has also pulled up Ethereum and leading altcoins, which could be a sign that the altcoin season has arrived.

这次激增也提高了以太坊和领先的山寨币，这可能表明山寨币季节已经到来。

Why is Bitcoin rallying?

为什么比特币集会？

There are a number of factors that have contributed to Bitcoin's rally. Some of the key drivers include:

有许多因素导致了比特币的集会。一些关键驱动因素包括：

* Renewed hopes for Federal Reserve rate cuts bolstered risk appetite and supported Bitcoin's advance in mid-May.

*对美联储率的新希望降低了风险食欲，并支持比特币在5月中旬的进步。

Investors grew optimistic that the Fed might pivot towards cutting interest rates later this year, reducing the opportunity cost of holding non-yielding assets like Bitcoin. Signals from Fed officials favoring lower borrowing costs fueled this belief.

投资者对美联储可能会在今年晚些时候降低利率的乐观态度变得乐观，从而减少了持有比特币等非收益资产的机会成本。美联储官员的信号赞成较低的借贷成本加剧了这种信念。

* Optimism around a US-UK trade deal further eased geopolitical tensions.

*对美国英国贸易协议的乐观情绪进一步缓解了地缘政治紧张局势。

On May 8, Bitcoin jumped to $101,330 after the announcement of the trade deal, showcasing a 4.7% increase in a single day. The cryptocurrency's price had stabilized around $97K in the previous session.

5月8日，在宣布贸易协议之后，比特币跃升至101,330美元，一天中的日期增长了4.7％。上一届会议中，加密货币的价格稳定了约9.7万美元。

* A tentative pause in US-China tariff increases provided a potent tailwind for global risk markets, including cryptocurrencies. Both nations agreed to suspend punitive tariffs for 90 days, alleviating fears of further stagflationary shocks.

*美国 - 中国关税的暂停停顿增加为包括加密货币在内的全球风险市场提供了有效的逆风。两国都同意将惩罚性的关税持续90天，从而减轻了对进一步停滞冲击的担忧。

The swift rebound in global equities spilled over into digital assets. However, although Bitcoin rose on this news, it was the Alcoins that showed more noticeable growth.

全球股票中的迅速反弹涌入数字资产。然而，尽管比特币在这一消息中升起，但正是Alcoins显示出更明显的增长。

* Spot Bitcoin ETFs saw significant inflows as Bitcoin held above $100,000, with US-listed products attracting $667.4 billion on May 19-the highest single-day total since early May.

*现货比特币ETF看到了大量的流入，因为比特币持有超过100,000美元，在5月19日，美国上市产品吸引了6674亿美元，这是5月初以来最高的单日总数。

Large managers like BlackRock, Fidelity, and Grayscale continued to add to their Bitcoin ETF positions, signaling ongoing confidence in the cryptocurrency.

像贝莱德，富达和灰度等大型经理继续增加了他们的比特币ETF位置，这表明对加密货币的信心持续。

* Major corporations are implementing Bitcoin treasury strategies, which reduces the circulating supply of Bitcoin available for public trading.

*主要公司正在实施比特币国库策略，这减少了可用于公共交易的比特币的循环供应。

Strategy (formerly MicroStrategy) recently purchased 7,390 BTC worth $765 million, while Japan's Metaplanet added 1,004 BTC for $129 million on May 19.

策略（以前为MicroStrategy）最近购买了7,390 BTC，价值7.65亿美元，而日本的Metaplanet在5月19日以1.29亿美元的价格增加了1,004 BTC。

What might come next?

接下来会发生什么？

The cryptocurrency market is currently experiencing what experts define as a "Bitcoin season." According to the Altcoin Season Index, which tracks the 90-day performance of the top 100 cryptocurrencies compared to Bitcoin, the score registered just 23 out of 100 as of May 21. A score below 25 confirms a Bitcoin-dominated market cycle, where the original cryptocurrency outperforms most alternatives.

加密货币市场目前正在经历专家定义的“比特币季节”。根据Altcoin季节指数，该指数跟踪了比特币的前100名加密货币的90天性能，截至5月21日，得分仅为100分中的23个。25分的分数证实了一个以比特币为主的市场周期，原始的加密货币在其中大多数替代方案。

Bitcoin's market capitalization stands at an impressive $2.14 trillion, representing 63% of the entire cryptocurrency market.

比特币的市值为2.14万亿美元，占整个加密货币市场的63％。

The cryptocurrency market's immediate future appears to favor Bitcoin, with the leading cryptocurrency maintaining its dominance through May 2025. For altcoins to enter a true "Altcoin season," Bitcoin price would need to stabilize and move sideways for some time, prompting investors to search for more profitable opportunities in alternative cryptocurrencies.

加密货币市场的近期未来似乎偏爱比特币，领先的加密货币在2025年5月之前保持了其优势。要使AltCoins进入真正的“ AltCoin季节”，比特币价格需要稳定并移动侧向，促使投资者在其他CryptoCurrencies中搜索更多有利可图的机会。

Current indicators suggest that this shift has not yet occurred, despite leading altcoins showing notable gains.

当前的指标表明，尽管领先的AltCoins显示出显着的收益，但尚未发生这种转变。

Top 3 altcoins worth keeping an eye on

值得关注的前三名Altcoins

As multiple indicators suggest that the altcoin season is approaching, many investors would certainly like to know which altcoins have the potential to perform better. Of course, when the true altcoin season arrives, most cryptocurrencies, both top and middle tier, will grow. Nevertheless, we have picked 3 prominent altcoins that appear best positioned to outperform when the next altcoin season hits.

正如多个指标表明，Altcoin季节正在临近，许多投资者当然想知道哪种Altcoins有可能表现更好。当然，当真正的Altcoin季节到来时，大多数加密货币（无论是顶级还是中层）都会增长。尽管如此，我们选择了3个杰出的山寨币，当下一个山寨币赛季命中时，似乎最好的位置表现最好。

Chainlink (LINK) plays a critical role in the Web3 stack by serving as the most widely used oracle network. It supplies essential real-time data feeds to smart contracts, enabling everything from lending and trading to gaming and insurance on-chain.

ChainLink（链接）通过用作最广泛使用的Oracle网络在Web3堆栈中起关键作用。它为智能合约提供了必不可少的实时数据供应，从而使从贷款和交易到游戏和保险链的所有事物。

As of early 2025, numerous major DeFi protocols depend on Chainlink's services, including its widely used price feeds and Verifiable Random Function (VRF) toolsets. Developer activity remains strong, with over 3,400 commits recorded over the last year.

截至2025年初，许多主要的DEFI协议取决于ChainLink的服务，包括其广泛使用的价格提要和可验证的随机功能（VRF）工具集。开发人员的活动仍然很强大，去年有超过3400次提交。

Chainlink is also expanding its offerings through CCIP (Cross-Chain Interoperability Protocol), enabling secure messaging and value transfer between blockchains. The LINK token has

ChainLink还通过CCIP（跨链互操​​作性协议）扩展其产品，从而实现了区块链之间的安全消息传递和价值传递。链接令牌有