山寨幣季節仍不確定，比特幣主導地位觸及三年高點 65%

過去幾週，比特幣和許多其他加密貨幣的價格大幅上漲。尤其是比特幣，已經接近歷史最高點

Bitcoin price increases continue to be a hot topic in the crypto community. With the recent price surge, Bitcoin is now less than 8% away from setting a new all-time high.

比特幣價格上漲仍然是加密貨幣社群的熱門話題。隨著近期價格飆升，比特幣距創下新的歷史高點僅差不到 8%。

Inflows into Bitcoin have seen the cryptocurrency increase its dominance over altcoins. According to data, Bitcoin’s market dominance is now 65% of the total market cap, the highest in three years.

比特幣的流入增加了加密貨幣相對於山寨幣的主導地位。數據顯示，比特幣的市場主導地位目前佔總市值的65%，為三年來最高。

Bitcoin’s market dominance reached a high of 95% during the 2017 bull market. However, this metric has been declining since then, as altcoins have been attracting more attention and investment. In 2021, Bitcoin’s dominance dropped to a low of 38%.

2017年多頭市場期間，比特幣的市場主導度達到了95%的高點。然而，從那時起，隨著山寨幣吸引了更多的關注和投資，這項指標一直在下降。 2021 年，比特幣的主導地位降至 38% 的低點。

But with the recent inflows and price increases, Bitcoin’s dominance has been rising again. This raises the question of whether the altcoin season will still materialize in the current market cycle.

但隨著最近的資金流入和價格上漲，比特幣的主導地位再次上升。這就提出了一個問題：山寨幣季節是否仍會在當前的市場週期中實現。

Bitcoin Leaves Ethereum And Other Altcoins In The Dust

比特幣讓以太幣和其他山寨幣望塵莫及

Data from IntoTheBlock shows that Bitcoin recently reached a market dominance of 65%, the highest recorded for the metric during the 2021 bull rally.

IntoTheBlock 的數據顯示，比特幣最近達到了 65% 的市場主導地位，這是 2021 年牛市反彈期間該指標的最高記錄。

During that period, Bitcoin captured the lion’s share of investments before eventually ceding some of its dominance to Ethereum and other altcoins in the middle of 2021.

在此期間，比特幣佔據了最大的投資份額，最終在 2021 年中期將其部分主導地位讓給了以太坊和其他山寨幣。

However, the crypto landscape has changed substantially since then, and Bitcoin has now found a footing among institutional investors. As such, the recent inflows into Bitcoin and its dominance can be attributed to the inflows from Spot Bitcoin ETFs.

然而，自那時以來，加密貨幣格局發生了巨大變化，比特幣現在已在機構投資者中站穩了腳跟。因此，近期比特幣的資金流入及其主導地位可歸因於現貨比特幣 ETF 的流入。

Flow data from SoSoValue shows that Bitcoin-based spot ETFs in the United States experienced a strong performance last week.

SoSoValue 的流量數據顯示，美國基於比特幣的現貨 ETF 上週表現強勁。

These ETFs saw consistent inflows every day, culminating in a net inflow of $2.13 billion, its highest since the third week of March.

這些ETF每天都有持續流入，最終淨流入21.3億美元，為3月第三週以來的最高水準。

This news is good for fervent Bitcoin investors and proponents but not for investors betting on Ethereum’s outperformance. One such investor is crypto millionaire James Fickel, who has lost substantial amounts over $43 million, due to his high-risk bet that Ethereum would outpe

這個消息對狂熱的比特幣投資者和支持者來說是個好消息，但對押注以太坊表現優異的投資者來說卻不是。其中一位投資者是加密貨幣百萬富翁 James Fickel，由於他押注以太坊將超越以太坊，他損失了超過 4,300 萬美元的巨額資金。