比特币的价格显示出强度增加了3.5％，并在本周发布美国核心PCE数据之前提高了$ 87000

亚瑟·海斯（Arthur Hayes）说

Bitcoin price showed strength on Monday, surging an additional 3.5% and moving to $87,000 ahead of the release of US core PCE data this week. Former BitMEX CEO Arthur Hayes expects the Federal Reserve to undertake quantitative easing (QE) measures soon, which could push BTC to $110K and beyond.

比特币的价格在周一显示出强度，在本周发布美国核心PCE数据之前，增加了3.5％，并提高了87,000美元。 Bitmex前首席执行官亚瑟·海斯（Arthur Hayes）预计美联储将尽快采取定量宽松（QE）措施，这可能会将BTC推向11万美元及以后。

Bitcoin Price Rally to $110K Coming, Says Arthur Hayes

亚瑟·海斯（Arthur Hayes）说

Former BitMEX CEO Arthur Hayes has confidently stated that he sees Bitcoin climbing to $110,000 before embarking on a downward journey to revisit its 76,500 level.

Bitmex前首席执行官Arthur Hayes自信地表示，他看到比特币攀升至110,000美元，然后开始下降，重新审视其76,500水平。

Hayes attributed his bullish stand on BTC to the upcoming pivot in the Fed policy, suggesting an upcoming move from quantitative tightening (QT) to quantitative easing (QE) moving ahead.

海耶斯将他的看涨立场归因于即将到来的美联储政策中的枢纽，这表明即将发生的从定量拧紧（QT）到定量宽松（QE）前进。

Furthermore, Hayes downplayed the impact of Trump’s tariffs, referring to it as “transitory inflation” as noted by Fed Chair Jerome Powell. Last week, the former BitMEX CEO also stated the chances of a Bitcoin bottom formation at $77,000 while eyeing an upward trajectory from here onwards.

此外，海斯淡化了特朗普的关税的影响，称其为“暂时通货膨胀”，如美联储主席杰罗姆·鲍威尔（Jerome Powell）所指出的那样。上周，这位前Bitmex首席执行官还指出，比特币底部造型的机会为77,000美元，同时从这里开始朝上。

As of press time, Bitcoin price is trading 3.17% up at $86,758 with daily trading volume surging 74% to $16.69 billion, highlighting a strong bullish undercurrent. As per the Coinglass data, the BTC futures open interest is also up by 7.79% to more than $56 billion, with the 24-hour short liquidations soaring past $50 million.

截至发稿时，比特币价格上涨了3.17％，至86,758美元，每日交易量增加了74％，至166.9亿美元，突出了强劲的看涨纯平。根据Coinglass Data，BTC期货开放息息率上升了7.79％，达到超过560亿美元，24小时短的清算飙升了5000万美元。

US PCE Data To Highlight Inflation Trajectory

美国PCE数据以突出通货膨胀轨迹

This week, the Federal Reserve will unveil its most closely watched inflation measure, the U.S. core PCE price index for February. Market expectations point to a slight rebound in the index, with forecasts predicting an increase from 2.6% to 2.7%.

本周，美联储将推出其最密切关注的通货膨胀措施，即2月的美国核心PCE价格指数。市场预期表明该指数有轻微的反弹，预测预测将从2.6％增加到2.7％。

Along with the US PCE data, the Fed will also unveil the final one-year inflation rate forecast for March, while offering greater insights into inflationary trends. This will help shape the market sentiment for risk assets moving ahead. Below is the list of key events scheduled for this week.

与美国PCE数据一起，美联储还将推出3月份的最后一年通货膨胀率预测，同时为通货膨胀趋势提供了更多的见解。这将有助于塑造风险资产前进的市场情绪。以下是本周安排的关键事件列表。

Key Events This Week:

本周的关键事件：

S&P Global Manufacturing PMI data – Monday

标准普尔全球制造PMI数据 - 星期一

CB Consumer Confidence data – Tuesday

CB消费者信心数据 - 星期二

February New Home Sales data – Tuesday

2月的新房屋销售数据 - 星期二

Atlanta Fed GDPNow data – Wednesday

亚特兰大喂养GDPNOW数据 - 星期三

US Q4 2024 GDP data – Thursday

美国Q4 2024 GDP数据 - 星期四

February PCE Inflation data – Friday

2月PCE通货膨胀数据 - 星期五

We are…

我们是…

— The Kobeissi Letter (@KobeissiLetter) March 23, 2025

- Kobeissi信（@kobeissiletter）2025年3月23日

Institutional Demand for BTC Picks Up Once Again

BTC的机构需求再次接收

Institutional demand for Bitcoin has been on the rise thereby pushing the Bitcoin price higher once again. Last week, the US spot Bitcoin ETFs recorded inflows for six consecutive days in a row showing strong resumption in demand.

对比特币的机构需求一直在上升，从而再次提高了比特币价格。上周，美国现场比特币ETF连续六天记录了进出的进口，显示出强烈的需求恢复。

Additionally, corporate players like Strategy (MSTR) and Metaplanet have continued with their Bitcoin purchases. In the early trading hours in Aisa on Monday, Japan’s Metaplanet announced buying an additional 150 Bitcoin, taking its total holdings to 3,350 BTC. Earlier today, the company announced an investment of $12.6 million, for an average purchase price of $83,801 per BTC.

此外，诸如战略（MSTR）和Metaplanet之类的公司参与者继续购买比特币。在周一AISA的早期交易时间里，日本的Metaplanet宣布额外购买150个比特币，将其总持股达到3,350 BTC。今天早些时候，该公司宣布投资1,260万美元，平均购买价格为每BTC 83,801美元。

The cumulative investment stands at approximately $278.8 million, averaging $83,224 per BTC. Notably, Metaplanet has achieved an impressive year-to-date BTC yield of 68.3%. Last week, Eric Trump joined Metaplanet’s board of advisers to take further its Bitcoin acquisition plans. Strategy’s executive chairman Michael Saylor has also hinted at more BTC purchases coming ahead.

累计投资约为2.788亿美元，平均每BTC $ 83,224。值得注意的是，Metaplanet的年龄至今已有68.3％。上周，埃里克·特朗普（Eric Trump）加入了Metaplanet顾问委员会，进一步采取了比特币的收购计划。策略的执行董事长迈克尔·赛勒（Michael Saylor）也暗示了更多的BTC购买即将来临。

Needs more Orange.pic.twitter.com/BRyWs1ey80

需要更多橙色。pic.twitter.com/bryws1ey80

— Michael Saylor⚡️ (@saylor) March 23, 2025

- 迈克尔·塞勒⚡️（@saylor）2025年3月23日