山寨币季节仍不确定，比特币主导地位触及三年高点 65%

过去几周，比特币和许多其他加密货币的价格大幅上涨。尤其是比特币，已经接近历史最高点

Bitcoin price increases continue to be a hot topic in the crypto community. With the recent price surge, Bitcoin is now less than 8% away from setting a new all-time high.

比特币价格上涨仍然是加密货币社区的热门话题。随着近期价格飙升，比特币距创下新的历史高点仅差不到 8%。

Inflows into Bitcoin have seen the cryptocurrency increase its dominance over altcoins. According to data, Bitcoin’s market dominance is now 65% of the total market cap, the highest in three years.

比特币的流入增加了加密货币相对于山寨币的主导地位。数据显示，比特币的市场主导地位目前占总市值的65%，为三年来最高。

Bitcoin’s market dominance reached a high of 95% during the 2017 bull market. However, this metric has been declining since then, as altcoins have been attracting more attention and investment. In 2021, Bitcoin’s dominance dropped to a low of 38%.

2017年牛市期间，比特币的市场主导度达到了95%的高位。然而，从那时起，随着山寨币吸引了更多的关注和投资，这一指标一直在下降。 2021 年，比特币的主导地位降至 38% 的低点。

But with the recent inflows and price increases, Bitcoin’s dominance has been rising again. This raises the question of whether the altcoin season will still materialize in the current market cycle.

但随着最近的资金流入和价格上涨，比特币的主导地位再次上升。这就提出了一个问题：山寨币季节是否仍会在当前的市场周期中实现。

Bitcoin Leaves Ethereum And Other Altcoins In The Dust

比特币让以太坊和其他山寨币望尘莫及

Data from IntoTheBlock shows that Bitcoin recently reached a market dominance of 65%, the highest recorded for the metric during the 2021 bull rally.

IntoTheBlock 的数据显示，比特币最近达到了 65% 的市场主导地位，这是 2021 年牛市反弹期间该指标的最高记录。

During that period, Bitcoin captured the lion’s share of investments before eventually ceding some of its dominance to Ethereum and other altcoins in the middle of 2021.

在此期间，比特币占据了最大的投资份额，最终在 2021 年中期将其部分主导地位让给了以太坊和其他山寨币。

However, the crypto landscape has changed substantially since then, and Bitcoin has now found a footing among institutional investors. As such, the recent inflows into Bitcoin and its dominance can be attributed to the inflows from Spot Bitcoin ETFs.

然而，自那时以来，加密货币格局发生了巨大变化，比特币现已在机构投资者中站稳了脚跟。因此，近期比特币的资金流入及其主导地位可归因于现货比特币 ETF 的流入。

Flow data from SoSoValue shows that Bitcoin-based spot ETFs in the United States experienced a strong performance last week.

SoSoValue 的流量数据显示，美国基于比特币的现货 ETF 上周表现强劲。

These ETFs saw consistent inflows every day, culminating in a net inflow of $2.13 billion, its highest since the third week of March.

这些ETF每天都有持续流入，最终净流入21.3亿美元，为3月第三周以来的最高水平。

This news is good for fervent Bitcoin investors and proponents but not for investors betting on Ethereum’s outperformance. One such investor is crypto millionaire James Fickel, who has lost substantial amounts over $43 million, due to his high-risk bet that Ethereum would outpe

这个消息对狂热的比特币投资者和支持者来说是个好消息，但对押注以太坊表现优异的投资者来说却不是。其中一位投资者是加密货币百万富翁 James Fickel，由于他押注以太坊将超越以太坊，他损失了超过 4300 万美元的巨额资金。