比特幣觸及另一個里程碑，首次突破 7.7 萬美元；融資利率表明加密貨幣反彈可能會持續下去

由於大市場 CoinDesk 20 指數跑贏了 BTC，Cardano 的 ADA 和 Polygon 的 POL 上漲了 15%。

Bitcoin price milestones continue to fall in the wake of Donald Trump's election victory, with BTC on Friday morning for the first time surpassing $77,000 and some lagging altcoins finally joining the rally following the Federal Reserve rate cut.

唐納德·川普贏得大選後，比特幣價格里程碑繼續下跌，比特幣週五上午首次突破 77,000 美元，一些落後的山寨幣終於在美聯儲降息後加入漲勢。

The world’s largest and oldest cryptocurrency hit a new record price of $77,105 during U.S. trading hours, according to the CoinDesk Bitcoin Index (XBX), although it’s only managed to eke out a 0.2% gain over the past 24 hours. The broad market CoinDesk 20 Index outperformed, with the native tokens of Cardano (ADA) and Polygon (POL) both surging 15%.

根據 CoinDesk 比特幣指數 (XBX) 的數據，全球最大、最古老的加密貨幣在美國交易時段創下了 77,105 美元的新紀錄價格，儘管它在過去 24 小時內僅上漲了 0.2%。大盤 CoinDesk 20 指數表現優於大盤，Cardano (ADA) 和 Polygon (POL) 原生代幣均上漲 15%。

Bitcoin Eyes $70,000, Vitalik Buterin Outlines Ethereum 'Scourge' Upgrade

比特幣瞄準 70,000 美元，Vitalik Buterin 概述以太坊「災難」升級

Ethereum price ether (ETH) advanced 3% to just shy of $3,000, its strongest price in more than three months, as the decentralized finance (DeFi) sector gains steam. DeFi stands to gain the most from more accommodating digital asset regulations in the U.S. that crypto market participants hope for from a new administration led by Trump. Solana (SOL), a layer-1 blockchain network considered the main contender for Ethereum's DeFi dominance, topped $200 for the first time since April.

隨著去中心化金融 (DeFi) 領域的發展，以太坊 (ETH) 價格上漲 3%，接近 3,000 美元，這是三個多月以來的最高價格。 DeFi 將從美國更加寬鬆的數位資產監管中獲益最多，這是加密貨幣市場參與者希望川普領導的新政府所希望的。 Solana (SOL) 是第 1 層區塊鏈網絡，被認為是以太坊 DeFi 主導地位的主要競爭者，自 4 月以來首次突破 200 美元。

A glance at traditional markets shows the S&P 500 crossing the 6,000 mark for the first time ever amid upbeat equities markets following Trump's decisive win in the U.S. presidential election.

縱觀傳統市場，隨著川普在美國總統大選中取得決定性勝利，股市表現樂觀，標普 500 指數首次突破 6,000 點大關。

While crypto assets booked double-digit gains during this week, with BTC sitting at record highs, funding rates for perpetual swaps on crypto exchanges are showing much closer to neutral levels than the market top in early March, CoinGlass data shows. Funding rate refers to the amount long traders pay shorts to take the opposite side of a trade. When funding rates are negative, shorts pay the fee to longs, as this relationship often occurs during bearish periods.

CoinGlass 數據顯示，雖然本週加密資產錄得兩位數漲幅，且 BTC 創下歷史新高，但加密貨幣交易所永續掉期的融資利率卻比 3 月初的市場最高點更接近中性水平。資金費率是指多頭交易者支付給空頭交易對手的金額。當資金利率為負值時，空頭向多頭支付費用，因為這種關係經常發生在看跌時期。

"Zero signs of market froth in funding rates," noted Sean Farrell, head of digital asset strategy at Fundstrat.

Fundstrat 數位資產策略主管 Sean Farrell 指出：“融資利率市場泡沫的跡象為零。”

The muted frothiness suggests that crypto prices have much more room to advance higher, with one market participant seeing bitcoin getting as high as $125,000.

溫和的泡沫表明加密貨幣價格還有更大的上漲空間，一位市場參與者預計比特幣價格將高達 125,000 美元。

"We're in the 7th inning of [the] bull market," or at the beginning of the final third of the rally, Ari Paul, founder and CIO of digital asset investment firm BlockTower, said in an X post.

數位資產投資公司 BlockTower 的創始人兼首席資訊長 Ari Paul 在 X 貼文中表示，“我們正處於牛市的第七局”，或者說是反彈的最後三分之一的開始。

He said recent buyers appear to be positioning for a six- to 12-month rally, driven mostly by institutional investors rather than retail, suggesting a more gradual climb to his targets. Retail interest will increase along with leverage as the rally progresses. He recommended buying and holding a few select crypto assets as a strategy over the coming months, arguing that more active trading will likely be more profitable at the final stages of the bull run.

他表示，最近的買家似乎準備好迎接 6 至 12 個月的反彈，主要是由機構投資者而非散戶推動，這表明他們將更逐步地攀升至他的目標。隨著反彈的進行，散戶興趣將隨著槓桿率的增加而增加。他建議購買並持有一些精選的加密資產作為未來幾個月的策略，並認為在牛市的最後階段，更活躍的交易可能會更有利可圖。

"This phase, the 7th inning, takes us to $90K-$125K," Paul said. "Then we have 2 more innings left and the last are usually the most parabolic."

「這個階段，即第 7 局，我們的獎金為 9 萬至 12.5 萬美元，」保羅說。 “然後我們還剩下兩局，最後一局通常是最拋物線的。”

Edited by Nick Baker.

尼克貝克編輯。