比特幣邁向難以捉摸的 10 萬美元大關的夢想遭遇了絆腳石

目前，比特幣在主要交易所的交易價格約為 91,700 美元，較預期里程碑大幅下跌。

Bitcoin’s dream run towards the elusive $100,000 mark has hit a stumbling block. At present, Bitcoin is trading at approximately $91,700 across major exchanges, showcasing a sharp decline from the anticipated milestone.

比特幣邁向難以捉摸的 10 萬美元大關的夢想遭遇了絆腳石。目前，比特幣在主要交易所的交易價格約為 91,700 美元，較預期里程碑大幅下跌。

What triggered this downturn? The emerging landscape of Bitcoin ETFs in the U.S. market has been a decisive factor. Recent data from SoSoValue highlights that on November 25, Bitcoin ETFs saw a dramatic capital outflow, amounting to $438 million. These funds, secured by actual Bitcoin assets, see managers holding BTC in their coffers. When supply surpasses demand, investment managers might sell these reserves, leading to a dip in Bitcoin’s market value.

是什麼引發了這場衰退？美國市場比特幣 ETF 的新興格局是一個決定性因素。 SoSoValue 的最新數據顯示，11 月 25 日，比特幣 ETF 出現了大幅資本外流，金額達 4.38 億美元。這些基金以實際的比特幣資產作為擔保，管理者將比特幣存放在自己的金庫中。當供應超過需求時，投資經理可能會出售這些儲備，導致比特幣市值下跌。

Looking ahead this week, expectations remain lukewarm for Bitcoin. Market commentator Juan Rodríguez foresees a challenging path ahead, citing upcoming economic reports as potential influencers that could deter risk markets and Bitcoin. Particularly, reports like the PCE and FOMC minutes are anticipated to signal a prolongation of high-interest rates, further solidifying bearish trends.

展望本週，人們對比特幣的預期依然冷淡。市場評論員胡安·羅德里格斯（Juan Rodríguez）預見未來的道路充滿挑戰，並指出即將發布的經濟報告是可能阻止風險市場和比特幣的潛在影響因素。特別是，PCE 和 FOMC 會議紀要等報告預計將表明高利率將持續，進一步鞏固看跌趨勢。

Moreover, as Bitcoin flirted with the $100,000 threshold, many investors opted to take profits, intensifying the recent slump. Analysts at financial firm GSR note the inherent volatility in cryptocurrency prices, influenced by traders’ strategic profit-taking.

此外，隨著比特幣價格逼近10萬美元門檻，許多投資人選擇了獲利了結，加劇了近期的跌勢。金融公司 GSR 的分析師指出，受交易者策略獲利了結的影響，加密貨幣價格存在固有的波動性。

Despite short-term hurdles, longer-term projections for Bitcoin remain optimistic. Bernstein, an investment firm, suggests Bitcoin’s price has the potential to reach $200,000 next year. Financial expert Marija Matic emphasizes Bitcoin’s limited supply, with a significant portion already lost or inaccessible, driving scarcity and pricing pressure upwards.

儘管存在短期障礙，但對比特幣的長期預測仍然樂觀。投資公司 Bernstein 表示，比特幣的價格明年有可能達到 20 萬美元。金融專家 Marija Matic 強調比特幣的供應有限，其中很大一部分已經遺失或無法訪問，導致稀缺性和定價壓力上升。

As volatility looms, strategies like dollar cost averaging provide an avenue for investors to accumulate Bitcoin in anticipation of future gains.

隨著波動性的出現，美元成本平均等策略為投資者累積比特幣以預期未來收益提供了途徑。

Bitcoin’s Ripple Effect: How Its Wild Ride Impacts Everyone Around Us

比特幣的漣漪效應：它的瘋狂發展如何影響我們周圍的每個人

Bitcoin has always been a topic of fervent debate, and its recent price turbulence has sent ripples across different aspects of our lives and economies. While enthusiasts closely watch the cryptocurrency’s dramatic dance, there are numerous other facets of Bitcoin’s impact that often go unnoticed. So, how exactly does Bitcoin’s market performance influence the broader world?

比特幣一直是人們激烈爭論的話題，其最近的價格動盪已經在我們的生活和經濟的各個方面產生了漣漪。雖然愛好者密切關注加密貨幣的戲劇性舞蹈，但比特幣影響的許多其他方面往往被忽視。那麼，比特幣的市場表現究竟該如何影響更廣闊的世界呢？

Global Economic Influence

全球經濟影響力

As Bitcoin prices fluctuate, they have a profound impact beyond just digital wallets. Numerous developing countries have adopted Bitcoin as a way to stabilize their economies against hyperinflation and currency devaluation. El Salvador, for example, made headlines by making Bitcoin legal tender. Despite initial optimism, the recent downturn poses challenges by reducing the value of reserves denominated in Bitcoin. The volatility also fuels debates regarding the future viability of cryptocurrency as a stable financial tool.

隨著比特幣價格的波動，它們產生的深遠影響不僅僅是數位錢包。許多發展中國家已採用比特幣作為穩定經濟、抵禦惡性通貨膨脹和貨幣貶值的一種方式。例如，薩爾瓦多因將比特幣定為法定貨幣而成為頭條新聞。儘管最初樂觀，但最近的經濟低迷帶來了挑戰，因為以比特幣計價的儲備價值減少了。這種波動性也引發了加密貨幣作為穩定金融工具的未來可行性的爭論。

Environmental Concerns and Technological Challenges

環境問題與技術挑戰

Bitcoin mining consumes substantial energy, raising environmental concerns. Fluctuating prices push investors to either increase mining efforts during price hikes or scale back when prices decline, directly impacting global energy consumption. Regions rich in renewable resources, like Iceland, have become hotspots for mining activity, but critics argue this places undue stress on local power grids and contributes to an uneven distribution of clean energy resources.

比特幣挖礦消耗大量能源，引發環境問題。價格波動促使投資者要麼在價格上漲期間加大採礦力度，要麼在價格下跌時縮減採礦力度，從而直接影響全球能源消費。像冰島這樣富含再生資源的地區已成為採礦活動的熱點，但批評者認為這給當地電網帶來了過度的壓力，並導致清潔能源資源分佈不均。

Advantages and Disadvantages for Individuals

對個人的優點和缺點

Advantages abound for individuals savvy enough to navigate market volatility successfully. Bitcoin provides an opportunity for high returns, and the decentralized nature of blockchain offers added financial privacy. However, the downside is the extreme risk involved. Many have lost fortunes due to unexpected market crashes or through scams and fraud prevalent in the cryptocurrency space.

對於足夠精明的個人來說，成功應對市場波動的優勢比比皆是。比特幣提供了高回報的機會，而區塊鏈的去中心化性質則提供了更多的財務隱私。然而，缺點是涉及極大的風險。由於意外的市場崩潰或加密貨幣領域盛行的詐騙和欺詐，許多人失去了財富。

Social Dynamics: Blockchain and Beyond

社會動態：區塊鏈及其他

The rise of Bitcoin has also popularized blockchain technology, seen as a transformative force in various sectors. From decentralizing finance to enhancing supply chain transparency, blockchain’s potential is being explored worldwide. Yet, the innovative leap does come with a learning curve and necessitates new regulatory frameworks, which often lag behind technologically.

比特幣的興起也普及了區塊鏈技術，被視為各領域的變革力量。從分散金融到提高供應鏈透明度，區塊鏈的潛力正在全世界範圍內探索。然而，創新的飛躍確實伴隨著學習曲線，並且需要新的監管框架，而這些框架往往在技術上落後。

Are Bitcoin ETFs the Future?

比特幣 ETF 是未來嗎？

The introduction of Bitcoin ETFs was initially heralded as a bridge between traditional finance and the crypto world. However, as we’ve seen with the recent capital outflows, the ease of selling ETFs could contribute to Bitcoin’s instability. Will Bitcoin ETFs solidify or undermine the cryptocurrency’s market? Only time and strategic financial management will provide clarity.

比特幣 ETF 的推出最初被譽為傳統金融與加密世界之間的橋樑。然而，正如我們從最近的資本外流中看到的那樣，ETF 的銷售便利性可能會導致比特幣的不穩定。比特幣 ETF 會鞏固還是破壞加密貨幣市場？只有時間和策略財務管理才能提供清晰度。

Final Thoughts and Resources

最後的想法和資源

Bitcoin’s journey is full of twists and turns, influencing individual investors and entire nations alike. As digital currencies continue to permeate various facets of life and economic structures, keeping up with their developments is crucial for understanding potential advantages or downsides.

比特幣的旅程充滿曲折，影響著個人投資者和整個國家。隨著數位貨幣繼續滲透到生活和經濟結構的各個方面，跟上其發展對於了解其潛在優勢或劣勢至關重要。

For those looking to stay updated on Bitcoin and cryptocurrency trends, credible sources such as CoinDesk and Cointelegraph offer in-depth insights and analyses.

對於希望了解比特幣和加密貨幣趨勢的人來說，CoinDesk 和 Cointelegraph 等可靠來源可以提供深入的見解和分析。

Bitcoin might not have reached $100,000 yet, but its wide-ranging effects are certainly worth noting. Whether you see it as a stepping stone towards a digital revolution or a risky gamble, there’s no denying that Bitcoin’s influence is only growing.

比特幣可能尚未達到 10 萬美元，但其廣泛的影響確實值得注意。無論你將其視為數位革命的墊腳石還是一場冒險的賭博，無可否認的是，比特幣的影響力只會越來越大。