比特幣（BTCUSD）週四短暫飆升至 99,000 美元以上，創造了另一個價格紀錄，因為大大小小的投資者似乎都無法獲得足夠的加密貨幣。

以市值計算最大的加密貨幣今年的價值已增加一倍多，年初至今漲幅超過 130%，目前距離 10 萬美元大關僅一步之遙

Bitcoin price hit another record on Thursday as Donald Trump's U.S. presidential election win and the promise of a more crypto-friendly administration propelled the cryptocurrency to within striking distance of the $100,000 mark.

隨著唐納德·川普贏得美國總統大選以及對加密貨幣更加友好的政府的承諾，比特幣價格週四再創新高，推動加密貨幣價格逼近 10 萬美元大關。

Bitcoin price briefly crossed the $99,000 level on Thursday, continuing a record-breaking rally that has seen the cryptocurrency gain more than 130% year-to-date.

週四，比特幣價格短暫突破 99,000 美元水平，繼續創紀錄的上漲勢頭，今年迄今為止，該加密貨幣的漲幅已超過 130%。

The cryptocurrency was trading at $98,800 by 09:18 ET (14:18 GMT), having hit a session low of $97,234. Bitcoin price hit an all-time high of $99,484 earlier in the day.

截至東部時間 09:18（格林尼治標準時間 14:18），該加密貨幣的交易價格為 98,800 美元，觸及盤中低點 97,234 美元。當天早些時候，比特幣價格觸及 99,484 美元的歷史新高。

The world's largest cryptocurrency by market capitalization now trades at a striking distance from the $100,000 level, a price point that was unthinkable a year ago when BTC was trading close to $37,000.

全球市值最大的加密貨幣現在的交易價格距離 100,000 美元水平相差甚遠，這一價格在一年前 BTC 交易價格接近 37,000 美元時是不可想像的。

Investors now appear to be anticipating a more crypto-friendly stance from the Trump administration following the Republican's election victory earlier this month.

在共和黨本月稍早贏得大選後，投資人現在似乎預計川普政府將採取更加支持加密貨幣的立場。

Bitcoin price rose 46% in the two and a half weeks since the U.S. elections. Investors also cheered the departure announcement for U.S. Securities and Exchange Commission Chair Gary Gensler on Thursday. Gensler faced criticism from the crypto industry for his enforcement approach.

自美國大選以來，比特幣價格在兩周半內上漲了 46%。週四，投資者也對美國證券交易委員會主席加里詹斯勒 (Gary Gensler) 的離職公告表示歡迎。 Gensler 因其執法方式而受到加密貨幣行業的批評。

Bitcoin-Hungry Investors Fuel Price Rally

渴望比特幣的投資者推動價格上漲

Both retail and institutional investors are showing interest in Bitcoin. Flows into the spot bitcoin exchange-traded funds also hit records in recent weeks.

散戶和機構投資者都對比特幣表現出了興趣。最近幾週，流入現貨比特幣交易所交易基金的資金也創下了紀錄。

These products, which hold bitcoin and buy more of the cryptocurrency as investors pile into them, in turn, drove bitcoin prices higher. Retail investors aren't the only ones flocking to these products.

這些產品持有比特幣，隨著投資者的大量湧入，它們會購買更多的加密貨幣，進而推高比特幣價格。散戶並不是唯一湧向這些產品的人。

According to data analyzed by Coinbase, more institutional investors—such as hedge funds and investment advisers—bought into spot bitcoin ETFs in the third quarter than in the previous one.

根據 Coinbase 分析的數據，第三季購買現貨比特幣 ETF 的機構投資者（例如對沖基金和投資顧問）比上一季增加。

Meanwhile, bitcoin-related stocks are also seeing massive action on Wall Street.

同時，比特幣相關股票在華爾街也出現了大幅波動。

What Bloomberg senior ETF analyst Eric Balchunas refers to as the "Bitcoin Industrial Complex," a collection of publicly traded companies and ETFs with direct or indirect exposure to the bitcoin price, posted a record of more than $50 billion in trading volume on Wednesday.

彭博社高級ETF 分析師埃里克·巴爾丘納斯(Eric Balchunas) 稱之為“比特幣工業綜合體”，是直接或間接接觸比特幣價格的上市公司和ETF 的集合，週三交易量創下了超過500 億美元的紀錄。

Notably, MicroStrategy (NASDAQ:MSTR), which pivoted to a strategy of acquiring bitcoin in 2020, recently saw stock trading volumes that rival the likes of Tesla (NASDAQ:TSLA) and Nvidia (NASDAQ:NVDA).

值得注意的是，MicroStrategy（納斯達克股票代碼：MSTR）在2020 年轉向了收購比特幣的策略，最近其股票交易量可與特斯拉（納斯達克股票代碼：TSLA）和英偉達（納斯達克股票代碼：NVDA）等公司相媲美。

MicroStrategy now holds more than 331,2000 bitcoin on its books, which is valued at over $32 billion at current prices, and the company's stock has risen more than 500% this year.

MicroStrategy 目前帳上持有超過 331,2000 枚比特幣，以當前價格計算價值超過 320 億美元，該公司股價今年已上漲超過 500%。

That prompted many more publicly traded companies to take a leaf out of MicroStrategy's bitcoin playbook. While bitcoin miner Marathon Holdings (NASDAQ:MARA) and health-care company Semler Scientific (NYSE:SMLR) did that in the past, this week alone saw announcements from Cosmos Health (OTC:COSM), LQR House (OTC:LQR) and Acurx Pharmaceuticals (NASDAQ:ACXP).

這促使更多的上市公司效仿 MicroStrategy 的比特幣策略。雖然比特幣礦商Marathon Holdings（納斯達克股票代碼：MARA）和醫療保健公司Semler Scientific（NYSE：SMLR）過去曾這樣做過，但僅在本週，Cosmos Health（場外交易市場代碼：COSM）、LQR House（場外交易市場代碼：LQR）和Acurx 製藥公司（納斯達克股票代碼：ACXP）。

$100K in Sight, But Correction May Follow

預計將突破 10 萬美元，但調整可能隨之而來

The $100K price milestone may not be too far away, but many experts say that bitcoin may not sustain a breach of that level for too long.

10 萬美元的價格里程碑可能不會太遠，但許多專家表示，比特幣突破該水平的時間可能不會太長。

Despite the strong interest from institutions, Galaxy Digital CEO Mike Novogratz warned that a correction is on the way in an interview with CNBC Thursday morning.

儘管機構對此表現出濃厚的興趣，Galaxy Digital 執行長 Mike Novogratz 在周四上午接受 CNBC 採訪時警告稱，調整即將到來。

“The crypto community is levered to the gills, and so there will be a correction,” Novogratz said, adding that he expects bitcoin's price to fall to $80,000 levels—which would represent a more than 20% drop from the $100,000 price point.

諾沃格拉茨表示：「加密貨幣社群受到了槓桿作用，因此將會出現調整。」他補充說，他預計比特幣的價格將跌至80,000 美元的水平，這意味著比100,000 美元的價格點下降了20% 以上。

Bitcoin Price Decouples From Gold Correlation

比特幣價格與黃金相關性脫鉤

Part of bitcoin's original premise as an investment was that it was decoupled from stock markets and instead was viewed as "digital gold." Gold is often likened to a safe haven asset in times of turbulence in the stock markets.

比特幣作為一種投資的最初前提的一部分是它與股票市場脫鉤，而是被視為「數位黃金」。在股市動盪時期，黃金通常被視為避險資產。

Both bitcoin and gold have hit multiple price records in recent months, but gold has faltered of late, with some experts even suggesting a rotation out of gold into bitcoin.

近幾個月來，比特幣和黃金都創下了多項價格記錄，但黃金最近表現不佳，一些專家甚至建議從黃金轉向比特幣。

According to data from The Block, bitcoin's 30-day Pearson correlation with gold has gone from 0.82 to -0.66 since Nov. 5, when the U.S. elections occurred.

根據 The Block 的數據，自 11 月 5 日美國大選以來，比特幣與黃金的 30 天皮爾森相關性已從 0.82 降至-0.66。

This effectively means that bitcoin and gold have shifted from being highly correlated to having an inverse correlation in a matter of weeks. However, bitcoin still maintains a strong correlation with the stock market, with Pearson correlation scores of 0.7 and

這實際上意味著比特幣和黃金在幾週內就從高度相關轉變為反向相關。然而，比特幣與股市仍保持著強烈的相關性，皮爾森相關性得分為 0.7，