比特币触及另一个里程碑，首次突破 7.7 万美元；融资利率表明加密货币反弹可能会持续下去

由于大市场 CoinDesk 20 指数跑赢了 BTC，Cardano 的 ADA 和 Polygon 的 POL 上涨了 15%。

Bitcoin price milestones continue to fall in the wake of Donald Trump's election victory, with BTC on Friday morning for the first time surpassing $77,000 and some lagging altcoins finally joining the rally following the Federal Reserve rate cut.

唐纳德·特朗普赢得大选后，比特币价格里程碑继续下跌，比特币周五上午首次突破 77,000 美元，一些落后的山寨币终于在美联储降息后加入涨势。

The world’s largest and oldest cryptocurrency hit a new record price of $77,105 during U.S. trading hours, according to the CoinDesk Bitcoin Index (XBX), although it’s only managed to eke out a 0.2% gain over the past 24 hours. The broad market CoinDesk 20 Index outperformed, with the native tokens of Cardano (ADA) and Polygon (POL) both surging 15%.

根据 CoinDesk 比特币指数 (XBX) 的数据，全球最大、最古老的加密货币在美国交易时段创下了 77,105 美元的新纪录价格，尽管它在过去 24 小时内仅上涨了 0.2%。大盘 CoinDesk 20 指数表现优于大盘，Cardano (ADA) 和 Polygon (POL) 原生代币均上涨 15%。

Bitcoin Eyes $70,000, Vitalik Buterin Outlines Ethereum 'Scourge' Upgrade

比特币瞄准 70,000 美元，Vitalik Buterin 概述以太坊“灾难”升级

Ethereum price ether (ETH) advanced 3% to just shy of $3,000, its strongest price in more than three months, as the decentralized finance (DeFi) sector gains steam. DeFi stands to gain the most from more accommodating digital asset regulations in the U.S. that crypto market participants hope for from a new administration led by Trump. Solana (SOL), a layer-1 blockchain network considered the main contender for Ethereum's DeFi dominance, topped $200 for the first time since April.

随着去中心化金融 (DeFi) 领域的发展，以太坊 (ETH) 价格上涨 3%，接近 3,000 美元，这是三个多月以来的最高价格。 DeFi 将从美国更加宽松的数字资产监管中获益最多，这是加密货币市场参与者希望特朗普领导的新政府所希望的。 Solana (SOL) 是第 1 层区块链网络，被认为是以太坊 DeFi 主导地位的主要竞争者，自 4 月份以来首次突破 200 美元。

A glance at traditional markets shows the S&P 500 crossing the 6,000 mark for the first time ever amid upbeat equities markets following Trump's decisive win in the U.S. presidential election.

纵观传统市场，随着特朗普在美国总统大选中取得决定性胜利，股市表现乐观，标普 500 指数首次突破 6,000 点大关。

While crypto assets booked double-digit gains during this week, with BTC sitting at record highs, funding rates for perpetual swaps on crypto exchanges are showing much closer to neutral levels than the market top in early March, CoinGlass data shows. Funding rate refers to the amount long traders pay shorts to take the opposite side of a trade. When funding rates are negative, shorts pay the fee to longs, as this relationship often occurs during bearish periods.

CoinGlass 数据显示，虽然本周加密资产录得两位数涨幅，且 BTC 创下历史新高，但加密货币交易所永续掉期的融资利率却比 3 月初的市场最高点更接近中性水平。资金费率是指多头交易者支付给空头交易对手的金额。当资金利率为负时，空头向多头支付费用，因为这种关系经常发生在看跌时期。

"Zero signs of market froth in funding rates," noted Sean Farrell, head of digital asset strategy at Fundstrat.

Fundstrat 数字资产策略主管肖恩·法雷尔 (Sean Farrell) 指出：“融资利率市场泡沫的迹象为零。”

The muted frothiness suggests that crypto prices have much more room to advance higher, with one market participant seeing bitcoin getting as high as $125,000.

温和的泡沫表明加密货币价格还有更大的上涨空间，一位市场参与者预计比特币价格将高达 125,000 美元。

"We're in the 7th inning of [the] bull market," or at the beginning of the final third of the rally, Ari Paul, founder and CIO of digital asset investment firm BlockTower, said in an X post.

数字资产投资公司 BlockTower 的创始人兼首席信息官 Ari Paul 在 X 帖子中表示，“我们正处于牛市的第七局”，或者说是反弹的最后三分之一的开始。

He said recent buyers appear to be positioning for a six- to 12-month rally, driven mostly by institutional investors rather than retail, suggesting a more gradual climb to his targets. Retail interest will increase along with leverage as the rally progresses. He recommended buying and holding a few select crypto assets as a strategy over the coming months, arguing that more active trading will likely be more profitable at the final stages of the bull run.

他表示，最近的买家似乎准备迎接 6 至 12 个月的反弹，主要是由机构投资者而非散户推动，这表明他们将更加逐步地攀升至他的目标。随着反弹的进行，散户兴趣将随着杠杆率的增加而增加。他建议购买并持有一些精选的加密资产作为未来几个月的策略，并认为在牛市的最后阶段，更活跃的交易可能会更有利可图。

"This phase, the 7th inning, takes us to $90K-$125K," Paul said. "Then we have 2 more innings left and the last are usually the most parabolic."

“这个阶段，即第 7 局，我们的奖金为 9 万至 12.5 万美元，”保罗说。 “然后我们还剩下两局，最后一局通常是最抛物线的。”

Edited by Nick Baker.

尼克·贝克编辑。