比特幣（BTC）價格再次上漲：原因如下

比特幣再次引起人們的關注，價格飆升令投資者和分析師興奮不已。但如何解釋這種突然上漲呢？

Bitcoin is once again grabbing attention, with a surge in price that has investors and analysts excited. But what explains this sudden rise? Several economic factors, such as improving employment data in the United States and a wave of purchases via ETFs, converge to support the increase in the value of the crypto. Let’s take a closer look at the elements driving this rebound.

比特幣再次引起人們的關注，價格飆升令投資者和分析師興奮不已。但如何解釋這種突然上漲呢？美國就業數據改善和 ETF 購買熱潮等多種經濟因素共同支持加密貨幣價值的上漲。讓我們仔細看看推動反彈的因素。

A recovery in American employment and renewed risk appetite

美國就業復甦與風險偏好恢復

The recent data from the American job market brings a breath of optimism, and this is reflected all the way on the Bitcoin price.

美國就業市場的最新數據帶來了樂觀情緒，這也一直反映在比特幣價格上。

According to the latest report from the Department of Labor, new claims for unemployment benefits decreased by 15,000 for the week ending October 19.

根據勞工部的最新報告，截至 10 月 19 日當週，新增失業救濟金申請人數減少 15,000 人。

This decline, although it seems minimal, reflects a robust labor market. This often leads to expectations of interest rate cuts by the Federal Reserve, which rekindles investors’ appetite for risk.

這種下降雖然看起來很小，但反映了勞動市場的強勁。這往往會引發聯準會降息的預期，從而重新點燃投資者的風險偏好。

In addition, there is a renewed interest in tech stocks. Giants like Tesla are reporting performance above forecasts.

此外，人們對科技股重新產生了興趣。特斯拉等巨頭報告的業績高於預期。

Tesla, for instance, announced a potential increase in its revenue of 30% by 2025, exceeding many analysts’ estimates.

例如，特斯拉宣佈到 2025 年其營收可能成長 30%，超出了許多分析師的預期。

With such news, tech stocks are gaining value, which has a ripple effect on Bitcoin.

有了這樣的消息，科技股正在升值，這對比特幣產生了連鎖反應。

Historically, tech stocks and Bitcoin show a strong correlation, especially during periods when investors adopt a more optimistic stance toward risks.

從歷史上看，科技股和比特幣表現出強烈的相關性，尤其是在投資者對風險採取更樂觀立場的時期。

In summary, this recovery in the job market and the good health of the tech sector contribute to stabilizing and strengthening Bitcoin’s attractiveness. Investors feel encouraged to diversify their portfolios, again including crypto assets in their strategies.

總之，就業市場的復甦和科技產業的良好健康有助於穩定和增強比特幣的吸引力。投資人感到被鼓勵去多元化他們的投資組合，再次將加密資產納入他們的策略中。

The effect of ETFs and technological optimism

ETF 和科技樂觀情緒的影響

Bitcoin ETFs also play an essential role in the current dynamics. The net inflows recorded, notably through BlackRock’s iShares product, have injected $192 million back into the Bitcoin market.

比特幣 ETF 在當前的動態中也發揮著重要作用。記錄的淨流入，特別是透過貝萊德的 iShares 產品，已向比特幣市場注入了 1.92 億美元。

This figure contrasts with significant outflows from certain competing ETFs, such as those from Bitwise and ARK, but it demonstrates the impact that mass capital inflows can have on the price of Bitcoin. This injection of funds has stimulated the market and reduced fears of price stagnation.

這一數字與 Bitwise 和 ARK 等某些競爭 ETF 的大幅流出形成鮮明對比，但它表明了大規模資本流入可能對比特幣價格的影響。此次資金注入刺激了市場，減少了對價格停滯的擔憂。

Meanwhile, the recent profit announcements from major tech companies further reinforce the favorable climate.

同時，大型科技公司最近發布的獲利公告進一步強化了有利的環境。

SK Hynix, a chip supplier for Nvidia, for example, announced rising profits due to increased demand related to artificial intelligence.

例如，Nvidia 的晶片供應商 SK Hynix 宣布，由於人工智慧相關需求的增加，利潤增加。

This boom in the tech sector is restoring investor confidence in digital-related sectors, which naturally includes Bitcoin.

科技業的繁榮正在恢復投資者對數位相關產業的信心，其中自然包括比特幣。

Finally, the correlation between Bitcoin and tech stocks is far from coincidental. In October, the 50-day correlation between Bitcoin and tech stocks remained above 80%.

最後，比特幣和科技股之間的相關性絕非巧合。 10月份，比特幣與科技股的50日相關性仍維持在80%以上。

Although this correlation fluctuates, it is often strong when markets are driven by similar factors, such as liquidity flows or optimistic economic data. In times of tech stock growth, Bitcoin benefits from a mirror effect, driven by the same dynamics.

儘管這種相關性會波動，但當市場受到類似因素（例如流動性流動或樂觀的經濟數據）驅動時，這種相關性通常很強。在科技股成長的時期，比特幣受益於鏡像效應，由同樣的動力驅動。

Bitcoin benefits from a favorable economic context

比特幣受益於有利的經濟環境

In summary, the price of Bitcoin is experiencing a notable increase, propelled by a positive economic environment in the United States and a return of optimism in the stock and tech markets.

總而言之，在美國積極的經濟環境以及股市和科技市場樂觀情緒回歸的推動下，比特幣的價格正在顯著上漲。

The significant inflow of capital into Bitcoin ETFs, combined with good news on the employment and technology fronts, enhances the appeal of crypto to investors. This movement shows that, despite its fluctuations, Bitcoin remains sensitive to major global economic and financial trends.

資本大量流入比特幣 ETF，加上就業和技術方面的好消息，增強了加密貨幣對投資者的吸引力。這一走勢表明，儘管存在波動，比特幣仍然對全球主要經濟和金融趨勢敏感。

As markets continue to evolve, Bitcoin’s trajectory remains to be monitored. If these trends hold, the crypto could very well see its price rise even higher. For now, the current rebound reminds us that Bitcoin, far from being a mere speculative asset, is also a thermometer of global economic expectations.

隨著市場的不斷發展，比特幣的軌跡仍有待監控。如果這些趨勢持續下去，加密貨幣的價格很可能會漲得更高。目前，目前的反彈提醒我們，比特幣遠非只是一種投機資產，它也是全球經濟預期的溫度計。