交易員押注當選總統川普的繁榮，比特幣打破紀錄

自 11 月 5 日美國大選以來，這一最大的代幣已上漲約 32%，週二觸及 89,599 美元的歷史新高。

Bitcoin surged past $89 000 and lifted the overall value of the crypto market above its pandemic-era peak on Tuesday as traders bet on a boom in digital assets under President-elect Donald Trump.

週二，隨著交易員押注當選總統唐納德·川普領導下的數位資產繁榮，比特幣飆升至 89,000 美元以上，並將加密貨幣市場的整體價值提升至大流行時代的高峰之上。

Bitcoin gained about 32% since the US election on 5 November, hitting an all-time high of $89 599 on Tuesday. The original cryptocurrency changed hands at $88 450 as of 5:45am in London.

自 11 月 5 日美國大選以來，比特幣上漲了約 32%，週二觸及 89,599 美元的歷史新高。截至倫敦凌晨 5:45，原始加密貨幣以 88,450 美元易手。

Trump has vowed friendlier crypto rules and his Republican Party is tightening its grip on Congress, boosting his odds of pushing through his agenda. Trump’s other pledges include setting up a strategic Bitcoin stockpile and fostering domestic mining of the token to make the US the crypto capital of the planet.

川普發誓要製定更友善的加密貨幣規則，而他的共和黨正在加強對國會的控制，這增加了他推動議程的可能性。川普的其他承諾包括建立戰略性比特幣儲備，並促進國內比特幣​​開採，使美國成為全球加密貨幣之都。

His stance is a sharp break from a Securities & Exchange Commission crackdown on the divisive industry under President Joe Biden. The change of tone has energised speculative buying of large and small tokens alike, raising the value of digital assets overall to about $3.1 trillion, CoinGecko data show.

他的立場與喬·拜登總統領導下的證券交易委員會對分裂行業的鎮壓截然不同。 CoinGecko 數據顯示，這種基調的變化刺激了大型和小型代幣的投機性購買，將數位資產的整體價值提高到約 3.1 兆美元。

‘Red-hot’ play

「紅熱」劇

Bitcoin is in “beast mode,” Chris Weston, head of research at Pepperstone Group, wrote in a note. “The question for traders not already set is whether there is still room to chase this red-hot play or wait for a slight retracement and for some of the heat to come out of the impulsive trend.”

Pepperstone Group 研究主管 Chris Weston 在一份報告中寫道，比特幣正處於「野獸模式」。 「對於尚未確定的交易者來說，問題是是否仍有空間追趕這種炙手可熱的走勢，還是等待小幅回調，以及等待衝動趨勢的一些熱量消散。”

Investors are lining up bets in the options market that Bitcoin will pass $100 000 as soon as the end of the year, according to data from the Deribit exchange. Open interest — or outstanding contracts — for CME Group futures for Bitcoin and second-ranked Ether scaled records on Monday, a sign of growing engagement by US institutional investors.

根據 Deribit 交易所的數據，投資者在選擇權市場上排隊押注比特幣最快將在今年底突破 10 萬美元。週一，芝商所比特幣和排名第二的以太幣期貨的未平倉合約（或未平倉合約）創下歷史新高，這表明美國機構投資者的參與度不斷提高。

Meanwhile, software firm MicroStrategy (Nasdaq: MSTR) — the largest publicly-traded corporate holder of Bitcoin outside the exchange-traded fund sector — bought about 27,200 Bitcoin for some $2 billion between 31 October and 10 November.

同時，軟體公司MicroStrategy（NASDAQ：MSTR）——交易所交易基金領域之外最大的比特幣公開交易企業持有者——在10 月31 日至11 月10 日期間以約20 億美元的價格購買了約27,200 個比特幣。

Traders for now are paying little heed to questions such as how quickly Trump will implement his agenda or whether a strategic stockpile is a realistic step. The febrile mood is illustrated by a recent doubling in the price of Dogecoin, a meme-crowd favourite promoted by Trump supporter Elon Musk.

目前，交易員很少關注川普將以多快的速度實施其議程，或者戰略儲備是否是一個現實的步驟等問題。最近狗狗幣的價格翻了一番就說明了這種狂熱的情緒，而狗狗幣是川普支持者馬斯克(Elon Musk)推崇的一種流行文化。

Stretched rally

伸展拉力賽

Bitcoin is up roughly 110% in 2024, helped by robust demand for dedicated US ETFs and interest-rate cuts by the Federal Reserve. The token’s rise exceeds the returns from the likes of global stocks and gold. Turnover in BlackRock’s $39 billion iShares Bitcoin Trust reached an all-time high on Monday.

受益於美國專用 ETF 的強勁需求和聯準會降息，比特幣在 2024 年上漲了約 110%。該代幣的漲幅超過了全球股票和黃金等的回報。週一，貝萊德旗下 390 億美元的 iShares 比特幣信託成交額創下歷史新高。

Fairlead Strategies technical analyst Katie Stockton in her latest research note said “it would be natural to see a period of digestion after such a steep run-up” in Bitcoin, recommending a “short-term neutral bias.”

Fairlead Strategies 技術分析師凱蒂·斯托克頓(Katie Stockton) 在她最新的研究報告中表示，比特幣“在如此陡峭的上漲之後，出現一段消化期是很自然的”，並建議“短期中性偏見」。

Digital-asset companies spent heavily during the US election campaign to boost candidates viewed as favourable to their interests. Against that backdrop, Trump did an about-face, becoming a supporter of an industry he once labelled a scam.

數位資產公司在美國大選期間投入大量資金來支持那些被認為符合其利益的候選人。在這種背景下，川普來了一個大轉變，成為了一個他曾經標記為騙局的行業的支持者。

His backing turned Bitcoin into one of a range of so-called Trump trades. Others include US stocks and the dollar, both of which have also been advancing given Trump’s focus on domestic economic growth, tax cuts and protectionist tariffs.

他的支持使比特幣成為一系列所謂的川普交易之一。其他包括美國股市和美元，鑑於川普關注國內經濟成長、減稅和保護主義關稅，這兩種貨幣也一直在上漲。