到目前為止，比特幣一直很安靜，但這可能是一個重大變化的開始

儘管黃金一直引起人們的關注，但比特幣的價格一直以不同的方式行事。在過去的幾個月中，比特幣的價格一直保持穩定，儘管世界上有很多政治上的不可預測性。

Bitcoin has been surprisingly quiet despite recent geopolitical turmoil, but this could be setting the stage for a substantial shift in the cryptocurrency market. While gold has garnered significant attention for its price movements and role as a safe-haven asset, Bitcoin has been unfolding a narrative of its own.

儘管最近的地緣政治動盪，但比特幣仍然令人驚訝地安靜，但這可能為加密貨幣市場的重大轉變奠定了基礎。儘管黃金因其價格變動和作為避風港資產的作用而引起了極大的關注，但比特幣一直在展開自己的敘述。

Over the past few months, Bitcoin's price has displayed remarkable stability despite a rapidly changing political landscape. This resilience has led some to question its viability as a safe-haven asset, especially in comparison to gold, which has been sliding in value. However, recent data from April 23, 2025, reveals that Bitcoin is trading at approximately $93,659, showcasing a substantial increase of over 6% within a 24-hour period. This price shift occurs as the macroeconomic environment is changing, potentially impacting the preferred status of cryptocurrencies among investors.

在過去的幾個月中，儘管政治格局迅速變化，比特幣的價格表現出了顯著的穩定性。這種韌性使一些人質疑其作為避風港資產的生存能力，尤其是與黃金相比，它的價值滑行。但是，從2025年4月23日開始的最新數據顯示，比特幣的交易約為93,659美元，在24小時內顯示了超過6％的大幅增長。隨著宏觀經濟環境正在發生變化，這種價格轉移發生，可能會影響投資者中加密貨幣的首選地位。

As the chart from XTB shows, the price of gold has been going down.

正如XTB的圖表所示，黃金的價格一直在下降。

Investors are interested in this new growth, especially since Bitcoin did not react to the trade tax issues as one might expect from an asset that people use as a safe haven.

投資者對這一新增長感興趣，尤其是因為比特幣沒有對貿易稅問題做出反應，因為人們可以從人們用作避風港的資產中期望的那樣。

Bitcoin has always been unpredictable, often reacting to big changes in the economy as a whole. But when there was recent political unrest, it didn't rise, which made many investors wonder about its future.

比特幣一直是不可預測的，通常會對整個經濟的重大變化做出反應。但是，當最近發生政治動盪時，它並沒有上升，這使許多投資者對其未來感到疑惑。

Yet, things have changed in a clear way over the last few days. This sudden increase in speed could mean that Bitcoin's time to shine has finally come.

然而，在過去的幾天中，情況已經明顯變化。速度的突然增加可能意味著比特幣的發光時間終於來了。

This time, it seems clear that a large part of the increase in Bitcoin's price is related to a few key things:

這次，很明顯，比特幣價格上漲的很大一部分與一些關鍵有關：

* A lot of institutional investors, like ARK Invest and BlackRock, are still pouring a big part of their investments into Bitcoin. These firms are hoping that the cryptocurrency will grow over the "long run." These purchases by institutions are a clear sign that Bitcoin is becoming more and more solid as a real financial asset.

*許多機構投資者，例如ARK Invest和BlackRock，仍在將投資的很大一部分投入到比特幣中。這些公司希望加密貨幣將在“長期”中增長。這些機構購買的這些明顯跡象表明，比特幣隨著真正的金融資產而變得越來越堅實。

* Besides what institutions are doing, there's also a rising belief that the Federal Reserve might lower interest rates, which would be good for Bitcoin. President Trump has been vocal about his desire for lower interest rates, putting more and more pressure on the central bank to agree. This has brought back dreams that the U.S. will have a time when monetary policy is less strict. This would probably make Bitcoin an even better way to keep value, especially when standard assets like bonds have smaller returns.

*除了機構在做什麼外，還有一個上升的信念，即美聯儲可能會降低利率，這對比特幣有益。特朗普總統一直對他對降低利率的渴望發聲，對中央銀行同意越來越多的壓力。這使我們的夢想使美國將有一段時間貨幣政策不太嚴格。這可能會使比特幣成為保持價值的更好方法，尤其是當債券（如債券）的回報較小時。

The chance that interest rates will go down is big for Bitcoin. If the Fed does something, it could make Bitcoin even more appealing as a way to protect against inflation, like gold. A rate cut would probably make the U.S. dollar weaker, and Bitcoin's set supply makes it a good option for people who want to protect their wealth from a possible drop in the value of the dollar.

利率下降的機會對於比特幣來說很大。如果美聯儲做某事，它可能會使比特幣更具吸引力，以防止通貨膨脹，例如黃金。削減稅率可能會使美元疲軟，而比特幣的設定供應使它成為希望保護自己的財富免受美元價值下降的人們的理想選擇。

Also, the way Bitcoin's price has changed over the last few days, along with the good mood caused by institutional buying and the possibility of Fed rate cuts, points to a possible new phase for the cryptocurrency market. People who were hesitant to invest may now see this as a chance to buy, especially since Bitcoin's price didn't go up during earlier international strife. There is now hope that Bitcoin could finally stop going in circles and start going up in a bigger way, especially if the economy as a whole continues to favour risky investments.

同樣，比特幣的價格在過去幾天內發生了變化，以及由機構購買以及降低美聯儲降低稅率的良好情緒，這是加密貨幣市場的新階段。猶豫不決的人現在可以將其視為購買的機會，尤其是因為在國際爭執較早時，比特幣的價格沒有上漲。現在，希望比特幣最終可以停止圈養，並以更大的方式開始上升，尤其是如果整個經濟繼續贊成冒險的投資。

How Gold and Bitcoin Are Coming Together

黃金和比特幣如何融合在一起

Now the question is whether Bitcoin can easily take gold's place as the most valuable safe asset. While gold has a long history of being a good way to protect yourself from risk, Bitcoin has all of its own unique qualities.

現在的問題是，比特幣是否可以輕鬆地將黃金作為最有價值的安全資產。儘管黃金具有保護自己免受風險的好方法的悠久歷史，但比特幣具有其所有獨特的品質。

As a decentralized asset with a limited supply and increasing adoption among institutional investors, Bitcoin appears to be a viable option for modern investors. However, its high volatility in comparison to gold makes it a riskier product overall.

作為一個分散的資產，供應有限，在機構投資者中採用的收養量增加，比特幣似乎是現代投資者的可行選擇。但是，與黃金相比，其高波動性使其總體上是風險更高的產品。

But as the possibility of interest rate cuts and ongoing institutional demand contribute to surging Bitcoin value, the scene is set for an interesting chapter in the saga of cryptocurrencies as a safe haven.

但是，隨著降低利率降低和持續的機構需求的可能性有助於比特幣價值飆升，場面將在加密貨幣的傳奇中成為一個有趣的章節，作為避風港。

In an era marked by economic uncertainty, gold has traditionally served as the primary safe-haven asset, offering a hedge against inflation and market turbulence. With its long history, limited supply, and enduring demand in Eastern cultures, gold has maintained its value over time, making it a preferred asset for those seeking to preserve their wealth.

在以經濟不確定性為標誌的時代，黃金傳統上是主要的避風港資產，提供了抵制通貨膨脹和市場動蕩的對沖。憑藉其悠久的歷史，有限的供應和東方文化的持久需求，黃金隨著時間的推移維持其價值，使其成為那些尋求維護財富的人的首選資產。

However, in the evolving landscape of finance, Bitcoin has emerged as a potential contender for the title of the "ultimate" safe-haven asset.

但是，在不斷發展的金融景觀中，比特幣已成為“終極”安全資產標題的潛在競爭者。

Despite recent geopolitical unrest, which usually drives up demand for Bitcoin, the cryptocurrency's price remained relatively stable throughout March 2025, in stark contrast to gold's sliding value.

儘管最近的地緣政治動亂通常會增加對比特幣的需求，但在整個2025年3月，加密貨幣的價格仍然相對穩定，與Gold的滑動價值形成鮮明對比。

This resilience may be attributed to Bitcoin's unique characteristics. Unlike fiat currencies, which are susceptible to government manipulation,

這種彈性可能歸因於比特幣的獨特特徵。與容易受到政府操縱的法定貨幣不同，