在 ETF 狂潮中，比特幣的主導地位飆升至三年來的峰值

在美國 ETF 的濃厚興趣推動下，比特幣在加密貨幣市場的主導地位已達到三年來的最高點。目前，它佔據了2.4 兆美元市場的近55%，上次出現這一水平是在2021 年4 月。 ，這些公司迅速累積了近560 億美元的資產。

Bitcoin Dominance Soars to Three-Year High Amidst ETF Frenzy

在 ETF 狂潮中，比特幣的主導地位飆升至三年高點

In a market surge driven by unprecedented interest in U.S. exchange-traded funds (ETFs), Bitcoin's market dominance has soared to a three-year peak. According to CoinMarketCap data, Bitcoin now commands a staggering 55% of the $2.4 trillion virtual currency market, a level not witnessed since April 2021.

在美國交易所交易基金（ETF）前所未有的興趣推動下，比特幣的市場主導地位飆升至三年來的最高點。根據 CoinMarketCap 數據，比特幣目前在 2.4 兆美元的虛擬貨幣市場中佔據了驚人的 55%，這是自 2021 年 4 月以來從未見過的水平。

The recent introduction of U.S. spot ETFs by investment giants such as BlackRock and Fidelity Investments has catapulted Bitcoin to remarkable heights. These ETFs, which provide investors with exposure to the digital asset without the need for direct ownership, have amassed nearly $56 billion in assets. The influx of capital propelled Bitcoin to a record high of $73,798 in mid-March.

貝萊德（BlackRock）和富達投資（Fidelity Investments）等投資巨頭最近推出了美國現貨 ETF，將比特幣推向了驚人的高度。這些 ETF 為投資者提供了接​​觸數位資產的機會，而無需直接擁有所有權，已累積了近 560 億美元的資產。資本湧入推動比特幣在 3 月中旬創下 73,798 美元的歷史新高。

Despite a modest 6% decline from its peak, Bitcoin has significantly outperformed its smaller counterparts. Altcoins, once the darlings of the cryptosphere, have suffered a steeper decline of over 30%, as waning expectations of a looser U.S. monetary policy dampen speculative investments.

儘管比特幣較高峰小幅下跌 6%，但表現仍明顯優於規模較小的類似貨幣。由於對美國寬鬆貨幣政策的預期減弱抑制了投機性投資，曾經是加密貨幣界寵兒的山寨幣遭受了超過 30% 的更大幅度跌幅。

Benjamin Celermajer, director at digital-asset investment manager Magnet Capital, attributes Bitcoin's resilience to institutional investors' allocations to U.S. ETFs. "These allocations have resulted in Bitcoin performing very strongly relative to the rest of the market," he explained.

數位資產投資管理公司 Magnet Capital 總監 Benjamin Celermajer 將比特幣的彈性歸因於機構投資者對美國 ETF 的配置。他解釋說：“這些分配導致比特幣相對於市場的其他部分錶現非常強勁。”

The bullish sentiment has also been fueled by the introduction of Hong Kong-listed ETFs for Bitcoin and Ether (ETH). Bitcoin has gained 4.3% to trade at $66,575, while ETH has surged 6.2% to $3,260. The rally has had a ripple effect on other cryptocurrencies, including Polygon, Cardano, and Dogecoin.

香港上市的比特幣和以太幣 ETF 的推出也加劇了看漲情緒。比特幣上漲 4.3%，至 66,575 美元，而 ETH 則飆升 6.2%，至 3,260 美元。此次上漲對其他加密貨幣產生了連鎖反應，包括 Polygon、Cardano 和 Dogecoin。

Market participants are now casting their gaze towards the highly anticipated halving event slated for April 20. This event, which occurs approximately every four years, involves a 50% reduction in the new supply of Bitcoin tokens. While past halving events have historically spurred price increases, the impact of the upcoming halving remains uncertain given Bitcoin's recent peak performance.

市場參與者現在將目光投向了備受期待的 4 月 20 日減半事件。雖然過去的減半事件歷史上刺激了價格上漲，但鑑於比特幣最近的峰值表現，即將到來的減半的影響仍然不確定。

Industry experts caution that the surge in Bitcoin dominance may not be sustainable in the long term. As the market matures and competition intensifies, altcoins could potentially regain market share. However, for the foreseeable future, Bitcoin's reign as the undisputed leader of the cryptocurrency sector appears secure.

行業專家警告稱，從長遠來看，比特幣主導地位的飆升可能無法持續。隨著市場的成熟和競爭的加劇，山寨幣有可能重新獲得市場份額。然而，在可預見的未來，比特幣作為加密貨幣領域無可爭議的領導者的統治似乎是穩固的。