比特幣（BTC）超過了字母（Google），成為市值成為全球最有價值的資產

截至4月23日，比特幣的市值飆升至1.87萬億美元，超過了Alphabet的1.859萬億美元估值

Bitcoin (BTC) has overtaken Alphabet (Google) to become the world’s fifth most valuable asset by market capitalization.

比特幣（BTC）已超過了字母（Google），成為市值，成為全球最有價值的資產。

As of April 23, Bitcoin's market cap surged to $1.87 trillion, edging past Alphabet's $1.859 trillion valuation, according to asset ranking data. BTC is now behind only gold, Apple, Microsoft and Nvidia.

根據資產排名數據，截至4月23日，比特幣的市值飆升至1.87萬億美元，超過了Alphabet的1.859萬億美元估值。 BTC現在僅落後於黃金，蘋果，微軟和Nvidia。

Bitcoin beats Nasdaq 100 returns in April

比特幣在四月份擊敗納斯達克100回報

Bitcoin's edge over Alphabet comes as it continues to "decouple" from its long-standing correlation with US tech stocks, especially in April, when BTC's price rallied 15% despite the Nasdaq 100's returns of 4.50% in the same period.

比特幣比比特幣的優勢越來越多，因為它繼續與美國科技股的長期相關，尤其是在4月，儘管納斯達克100在同一時期的回報率為4.50％，但BTC的價格上漲了15％。

This decoupling followed months of disappointment for crypto bulls, who expected a stronger post-election rally.

這是因為加密公牛隊幾個月的失望，後者預計大選後集會。

Even with April's gains, BTC's price remains 16% below its $109,000 all-time high set in January, when Trump was re-inaugurated as the US president.

即使有4月的收益，BTC的價格仍低於其1月份的109,000美元歷史最高水平的16％，當時特朗普被重新授予美國總統。

Trump's recent criticism of Federal Reserve Chair Jerome Powell and his executive order to create a Strategic Bitcoin Reserve (SBR) — which is nearing its 60-day review window — is helping reignite investor interest in crypto.

特朗普最近對美聯儲主席杰羅姆·鮑威爾（Jerome Powell）及其行政命令提出的戰略比特幣儲備（SBR）（即將接近其60天的審查窗口）有助於重新點燃投資者對加密貨幣的興趣。

"Chatter questioning Fed independence is having positive spillover effects on BTC," said Vetle Lunde, head of research at K33.

K33研究負責人Vetle Lunde說：“ chat不休的質疑是對BTC產生積極的溢出作用。”

Macro analyst Fejau stressed that capital outflows from US assets will likely benefit Bitcoin, given countries can't tariff it — and that it "provides high beta to a portfolio without the current tail risks associated with US tech."

宏分析師Fejau強調，從美國資產中流出的資本流出可能會使比特幣受益，因為國家無法關稅 - 它“為投資組合提供了很高的beta，而沒有與美國技術相關的當前尾巴風險。”

"This market regime is what Bitcoin was built for," he wrote, adding:

他寫道：“這種市場製度是比特幣的建立。”

Alphabet is facing headwinds in the form of regulatory crackdowns, antitrust challenges and a slowdown in digital ad revenue. The rise of AI-focused rivals and reduced growth projections have also dented confidence in Google's long-term dominance.

字母以監管鎮壓，反托拉斯挑戰和數字廣告收入放緩的形式面臨逆風。以AI為重點的競爭對手的興起和減少的增長預測也使人們對Google的長期優勢充滿信心。

To put Bitcoin's $1.87 trillion valuation into perspective, it's now worth more than two Tesla companies.

將比特幣的187萬億美元估值置於視角上，現在價值超過兩家特斯拉公司。

The EV giant famously added Bitcoin to its balance sheet in early 2021, when it was trading for around $33,500. It is now sitting on around 180% gains worth over $1 billion.

這家EV巨頭在2021年初的資產負債表中著名地增加了比特幣，當時其交易約為33,500美元。現在，它的收益約為10億美元。