比特币（BTC）超过了字母（Google），成为市值成为全球最有价值的资产

截至4月23日，比特币的市值飙升至1.87万亿美元，超过了Alphabet的1.859万亿美元估值

Bitcoin (BTC) has overtaken Alphabet (Google) to become the world’s fifth most valuable asset by market capitalization.

比特币（BTC）已超过了字母（Google），成为市值，成为全球最有价值的资产。

As of April 23, Bitcoin's market cap surged to $1.87 trillion, edging past Alphabet's $1.859 trillion valuation, according to asset ranking data. BTC is now behind only gold, Apple, Microsoft and Nvidia.

根据资产排名数据，截至4月23日，比特币的市值飙升至1.87万亿美元，超过了Alphabet的1.859万亿美元估值。 BTC现在仅落后于黄金，苹果，微软和Nvidia。

Bitcoin beats Nasdaq 100 returns in April

比特币在四月份击败纳斯达克100回报

Bitcoin's edge over Alphabet comes as it continues to "decouple" from its long-standing correlation with US tech stocks, especially in April, when BTC's price rallied 15% despite the Nasdaq 100's returns of 4.50% in the same period.

比特币比比特币的优势越来越多，因为它继续与美国科技股的长期相关，尤其是在4月，尽管纳斯达克100在同一时期的回报率为4.50％，但BTC的价格上涨了15％。

This decoupling followed months of disappointment for crypto bulls, who expected a stronger post-election rally.

这是因为加密公牛队几个月的失望，后者预计大选后集会。

Even with April's gains, BTC's price remains 16% below its $109,000 all-time high set in January, when Trump was re-inaugurated as the US president.

即使有4月的收益，BTC的价格仍低于其1月份的109,000美元历史最高水平的16％，当时特朗普被重新授予美国总统。

Trump's recent criticism of Federal Reserve Chair Jerome Powell and his executive order to create a Strategic Bitcoin Reserve (SBR) — which is nearing its 60-day review window — is helping reignite investor interest in crypto.

特朗普最近对美联储主席杰罗姆·鲍威尔（Jerome Powell）及其行政命令提出的战略比特币储备（SBR）（即将接近其60天的审查窗口）有助于重新点燃投资者对加密货币的兴趣。

"Chatter questioning Fed independence is having positive spillover effects on BTC," said Vetle Lunde, head of research at K33.

K33研究负责人Vetle Lunde说：“ chat不休的质疑是对BTC产生积极的溢出作用。”

Macro analyst Fejau stressed that capital outflows from US assets will likely benefit Bitcoin, given countries can't tariff it — and that it "provides high beta to a portfolio without the current tail risks associated with US tech."

宏分析师Fejau强调，从美国资产中流出的资本流出可能会使比特币受益，因为国家无法关税 - 它“为投资组合提供了很高的beta，而没有与美国技术相关的当前尾巴风险。”

"This market regime is what Bitcoin was built for," he wrote, adding:

他写道：“这种市场制度是比特币的建立。”

Alphabet is facing headwinds in the form of regulatory crackdowns, antitrust challenges and a slowdown in digital ad revenue. The rise of AI-focused rivals and reduced growth projections have also dented confidence in Google's long-term dominance.

字母以监管镇压，反托拉斯挑战和数字广告收入放缓的形式面临逆风。以AI为重点的竞争对手的兴起和减少的增长预测也使人们对Google的长期优势充满信心。

To put Bitcoin's $1.87 trillion valuation into perspective, it's now worth more than two Tesla companies.

将比特币的187万亿美元估值置于视角上，现在价值超过两家特斯拉公司。

The EV giant famously added Bitcoin to its balance sheet in early 2021, when it was trading for around $33,500. It is now sitting on around 180% gains worth over $1 billion.

这家EV巨头在2021年初的资产负债表中著名地增加了比特币，当时其交易约为33,500美元。现在，它的收益约为10亿美元。