標準憲章的杰弗裡·肯德里克（Geoffrey Kendrick）說，比特幣的主要功能是對沖金融體系的風險

Standard Chartered的Geoffrey Kendrick強調了比特幣的主要功能，是對金融體系的風險的對沖，這是其分散分類帳的基礎。

Investing.com - Standard Chartered’s Geoffrey Kendrick explained that Bitcoin is fundamentally a hedge against risks to the financial system, a property it derives from its decentralized ledger.

Investing.com -Standard Charter的杰弗裡·肯德里克（Geoffrey Kendrick）解釋說，比特幣從根本上是針對金融體系風險的對沖，這是其從其分散分類賬中獲得的財產。

This protection comes in two forms: private sector risks, like the collapse of Silicon Valley Bank in March 2023, and government sector risks, which include those to the US Treasury.

這種保護有兩種形式：私營部門風險，例如2023年3月矽谷銀行的崩潰，以及政府部門的風險，包括美國財政部的風險。

Kendrick adds that outside of these risk periods, Bitcoin’s trading pattern usually follows that of major tech stocks, known as the Magnificent Seven (Mag7).

肯德里克（Kendrick）補充說，除了這些風險期之外，比特幣的交易模式通常遵循主要的技術股票，即雄偉的七人（MAG7）。

Current concerns about the Federal Reserve’s independence, especially with the potential replacement of Jerome Powell, fall into the category of government sector risks.

當前對美聯儲獨立性的擔憂，特別是隨著杰羅姆·鮑威爾（Jerome Powell）的潛在接替，屬於政府部門風險的類別。

The impact of these government-related risks is measured by the US Treasury term premium, which has reached a 12-year high for the 10-year term premium. Since early 2024, the correlation between Bitcoin and the term premium has been particularly strong.

這些與政府相關的風險的影響是由美國國債期限保費衡量的，該期限為10年期限保費已經達到12年。自2024年初以來，比特幣與術語溢價之間的相關性特別強。

Recently, Bitcoin has not been keeping pace with the rise in the term premium. Kendrick attributes this lag to the previous narrative that tariffs would negatively affect tech stocks, and Bitcoin tends to follow their performance.

最近，比特幣尚未跟上一詞溢價的增長。肯德里克（Kendrick）將這一滯後歸因於先前的敘述，即關稅會對科技股產生負面影響，而比特幣傾向於遵循其性能。

But as long as issues with the Fed’s independence remain, Kendrick believes Bitcoin will continue moving up, potentially reaching new all-time highs.

但是，只要您的獨立性仍然存在，肯德里克（Kendrick）認為，比特幣將繼續上升，有可能達到歷史新高。

Reporting his forecasts for Bitcoin, Kendrick still sees it hitting $200,000 by the end of 2025 and $500,000 by the end of 2028. He adds that the dominant narratives around Bitcoin change over time, and the cryptocurrency serves multiple roles in investment portfolios.

肯德里克（Kendrick）報告了他對比特幣的預測，直到2025年底，它仍達到200,000美元，到2028年底達到了500,000美元。他補充說，隨著時間的推移，圍繞比特幣的主要敘述隨著時間的推移而變化，而加密貨幣則在投資組合中起了多種作用。

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

本文是在AI的支持下生成的，並由編輯進行了審查。有關更多信息，請參見我們的T＆C。

What stock should you buy in your very next trade?

您應該在下一個交易中購買哪種股票？

Get alerts on triple-digit stock price predictions and discover the potential of stocks that could heat up your portfolio in the next 30 days. An investing expert reveals his complete investing system, used to identify 12 "triple-digit winners" from 2001 to 2023.

獲取有關三位數股票價格預測的警報，並發現可能在接下來30天內加熱您的投資組合的股票的潛力。一位投資專家揭示了他的完整投資系統，用於確定2001年至2023年的12位“三位數獲獎者”。

With valuations soaring in 2024, many investors are hesitant to invest further in the market. Still unsure where to invest next? Get access to our PROVEN portfolios and discover new opportunities for strong returns.

隨著估值在2024年飆升，許多投資者猶豫不決地投資於市場。仍然不確定下一步要投資的地方嗎？訪問我們久經考驗的投資組合，並發現新的回報機會。

In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that experienced gains of over 30%, and 3 more that climbed over 25%.

僅在2024年，Propicks AI就確定了2個股票，這些股票飆升了150％以上，另外4個股票經歷了30％以上的股票，另外3個股票增加了25％以上。

Interested in specific market sectors? We offer portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, as we continually explore diverse wealth-building strategies.

對特定市場領域感興趣？當我們不斷探索多樣化的財富建設策略時，我們提供針對DOW股票，S＆P股票，技術股和中股股份量身定制的投資組合。