「川普貿易」先例為 2025 年分析師預測定下基調，比特幣飆升至 9 萬美元以上

全球最大的加密貨幣週二飆升至新高，開創了先例，分析師預測這只是一個開始。

Bitcoin price today hit a new all-time high above $90,000, continuing a relentless rally that began earlier this year.

比特幣價格今天觸及 9 萬美元以上的歷史新高，延續了今年稍早開始的持續上漲勢頭。

The world’s largest cryptocurrency soared to around $90,244 on Tuesday afternoon, according to data from Coinbase. The token came close to setting a new record high on Monday, but ultimately fell short. However, Bitcoin price today managed to secure the milestone after rising over $90,000 earlier this week.

根據 Coinbase 的數據，週二下午，全球最大的加密貨幣飆升至 90,244 美元左右。該代幣週一一度接近創下新高，但最終未能實現。然而，比特幣價格在本週稍早上漲超過 9 萬美元後，今天成功實現了這一里程碑。

The leading cryptocurrency also broke the record for the largest single-day gain in history on Monday, as measured in U.S. dollars. The asset is now up 115% so far this year, having more than doubled its January 1 price of $42,000.

週一，這種領先的加密貨幣還打破了以美元計的歷史上最大單日漲幅記錄。今年迄今為止，該資產已上漲 115%，是 1 月 1 日價格 42,000 美元的兩倍多。

Meanwhile, the total market capitalization of crypto has also surged past $3.1 trillion, breaking the November 2021 record of approximately $3.07 trillion.

同時，加密貨幣總市值也飆升至 3.1 兆美元以上，打破了 2021 年 11 月約 3.07 兆美元的紀錄。

The latest surge in Bitcoin price comes amid a broader bullish trend across digital assets and equities following President-elect Donald Trump’s successful return bid for the White House last week.

繼當選總統川普上周成功重返白宮後，數位資產和股票呈現更廣泛的看漲趨勢，比特幣價格最近出現上漲。

Dubbed the “Trump Trade,” analysts told Decrypt earlier this month that they view Bitcoin and digital assets as a high-conviction play, particularly following the former president's inauguration on January 20.

被稱為「川普貿易」的分析師本月稍早告訴 Decrypt，他們認為比特幣和數位資產是一種高度可信的投資，特別是在前總統於 1 月 20 日就職之後。

"With the election overhang now behind us, the rally in crypto markets appears sustainable, buoyed by positive forward signals from the U.S." Julien Auchecorne, head of Auros Ventures, told Decrypt on Tuesday.

Auros Ventures 負責人 Julien Auchecorne 週二對 Decrypt 表示：“隨著選舉懸而未決的事情過去，在美國積極的前瞻性信號的推動下，加密貨幣市場的漲勢似乎是可持續的。”

Exceeding forecasts made earlier in the year, the S&P 500 also rose above 6,000 points briefly for the first time last week, bolstered by a dovish U.S. Federal Reserve and easing interest rates. That move is expected to lower borrowing costs and fuel further momentum into risk assets, including crypto.

受鴿派聯準會和寬鬆利率的提振，標普 500 指數上周也首次短暫升至 6,000 點上方，超出了今年稍早的預期。此舉預計將降低借貸成本，並進一步推動包括加密貨幣在內的風險資產的發展動能。

So where to from here?

那麼從這裡去哪裡呢？

Bitwise’s Chief Investment Officer Matt Hougan expects Bitcoin to breach $100,000 by year’s end and $200,000 by the end of 2025. Others, including New York global investment management and research firm Bernstein, have offered similar targets.

Bitwise 首席投資長 Matt Hougan 預計，比特幣到年底將突破 10 萬美元，到 2025 年底將突破 20 萬美元。

Meanwhile, Bitwise's European Head, Bradley Duke, sees crypto riding on strong tailwinds—at least for the foreseeable future—with a changing political landscape in the U.S. likely to usher in a “golden age” for the industry, he told Decrypt in a statement.

與此同時，Bitwise 的歐洲負責人布拉德利·杜克(Bradley Duke) 在一份聲明中告訴Decrypt，他認為加密貨幣將乘著強勁的順風車——至少在可預見的未來——美國不斷變化的政治格局可能會迎來該行業的“黃金時代” 。

That coincides with the broader market's view of Trump’s win as a favorable environment, providing a clear runway in which deregulation and business-friendly policies alike are expected to fuel further rallies into next year.

這與更廣泛的市場對川普獲勝視為有利環境的看法不謀而合，為放鬆管制和有利於商業的政策提供了一條清晰的跑道，預計將推動明年的進一步反彈。

For crypto, Trump’s administration is expected to drive regulation designed to establish a Bitcoin reserve, protect crypto mining interests, ease a hostile regulatory environment, and spur innovation.

對於加密貨幣，川普政府預計將推動旨在建立比特幣儲備、保護加密貨幣挖礦利益、緩解敵對監管環境並刺激創新的監管。

While most view the market reaction to macro developments as firmly entrenched within a “sweet spot,” risks persist.

儘管大多數人認為市場對宏觀發展的反應牢牢地處於“最佳點”，但風險仍然存在。

Those include geopolitical risks in the Middle East and Eastern Europe, ballooning U.S. debt, and possible climate disasters as potential catalysts for ending the party early.

其中包括中東和東歐的地緣政治風險、不斷膨脹的美國債務以及可能的氣候災難，這些都是提前結束該黨的潛在催化劑。

For now, Bitcoin doesn’t seem to care.

目前，比特幣似乎並不關心。