“特朗普贸易”先例为 2025 年分析师预测定下基调，比特币飙升至 9 万美元以上

全球最大的加密货币周二飙升至新高，开创了先例，分析师预测这只是一个开始。

Bitcoin price today hit a new all-time high above $90,000, continuing a relentless rally that began earlier this year.

比特币价格今天触及 90,000 美元以上的历史新高，延续了今年早些时候开始的持续上涨势头。

The world’s largest cryptocurrency soared to around $90,244 on Tuesday afternoon, according to data from Coinbase. The token came close to setting a new record high on Monday, but ultimately fell short. However, Bitcoin price today managed to secure the milestone after rising over $90,000 earlier this week.

根据 Coinbase 的数据，周二下午，全球最大的加密货币飙升至 90,244 美元左右。该代币周一一度接近创下新高，但最终未能实现。然而，比特币价格在本周早些时候上涨超过 90,000 美元后，今天成功实现了这一里程碑。

The leading cryptocurrency also broke the record for the largest single-day gain in history on Monday, as measured in U.S. dollars. The asset is now up 115% so far this year, having more than doubled its January 1 price of $42,000.

周一，这种领先的加密货币还打破了以美元计的历史上最大单日涨幅记录。今年迄今为止，该资产已上涨 115%，是 1 月 1 日价格 42,000 美元的两倍多。

Meanwhile, the total market capitalization of crypto has also surged past $3.1 trillion, breaking the November 2021 record of approximately $3.07 trillion.

与此同时，加密货币总市值也飙升至 3.1 万亿美元以上，打破了 2021 年 11 月约 3.07 万亿美元的纪录。

The latest surge in Bitcoin price comes amid a broader bullish trend across digital assets and equities following President-elect Donald Trump’s successful return bid for the White House last week.

继当选总统唐纳德·特朗普上周成功重返白宫后，数字资产和股票呈现更广泛的看涨趋势，比特币价格最近出现上涨。

Dubbed the “Trump Trade,” analysts told Decrypt earlier this month that they view Bitcoin and digital assets as a high-conviction play, particularly following the former president's inauguration on January 20.

被称为“特朗普贸易”的分析师本月早些时候告诉 Decrypt，他们认为比特币和数字资产是一种高度可信的投资，特别是在前总统 1 月 20 日就职之后。

"With the election overhang now behind us, the rally in crypto markets appears sustainable, buoyed by positive forward signals from the U.S." Julien Auchecorne, head of Auros Ventures, told Decrypt on Tuesday.

Auros Ventures 负责人 Julien Auchecorne 周二对 Decrypt 表示：“随着选举悬而未决的事情过去，在美国积极的前瞻性信号的推动下，加密货币市场的涨势似乎是可持续的。”

Exceeding forecasts made earlier in the year, the S&P 500 also rose above 6,000 points briefly for the first time last week, bolstered by a dovish U.S. Federal Reserve and easing interest rates. That move is expected to lower borrowing costs and fuel further momentum into risk assets, including crypto.

受鸽派美联储和宽松利率的提振，标准普尔 500 指数上周也首次短暂升至 6,000 点上方，超出了今年早些时候的预期。此举预计将降低借贷成本，并进一步推动包括加密货币在内的风险资产的发展势头。

So where to from here?

那么从这里去哪里呢？

Bitwise’s Chief Investment Officer Matt Hougan expects Bitcoin to breach $100,000 by year’s end and $200,000 by the end of 2025. Others, including New York global investment management and research firm Bernstein, have offered similar targets.

Bitwise 首席投资官 Matt Hougan 预计，比特币到年底将突破 10 万美元，到 2025 年底将突破 20 万美元。包括纽约全球投资管理和研究公司 Bernstein 在内的其他公司也提出了类似的目标。

Meanwhile, Bitwise's European Head, Bradley Duke, sees crypto riding on strong tailwinds—at least for the foreseeable future—with a changing political landscape in the U.S. likely to usher in a “golden age” for the industry, he told Decrypt in a statement.

与此同时，Bitwise 的欧洲负责人布拉德利·杜克 (Bradley Duke) 在一份声明中告诉 Decrypt，他认为加密货币将乘着强劲的顺风车——至少在可预见的未来——美国不断变化的政治格局可能会迎来该行业的“黄金时代” 。

That coincides with the broader market's view of Trump’s win as a favorable environment, providing a clear runway in which deregulation and business-friendly policies alike are expected to fuel further rallies into next year.

这与更广泛的市场对特朗普获胜视为有利环境的看法不谋而合，为放松管制和有利于商业的政策提供了一条清晰的跑道，预计将推动明年的进一步反弹。

For crypto, Trump’s administration is expected to drive regulation designed to establish a Bitcoin reserve, protect crypto mining interests, ease a hostile regulatory environment, and spur innovation.

对于加密货币，特朗普政府预计将推动旨在建立比特币储备、保护加密货币挖矿利益、缓解敌对监管环境并刺激创新的监管。

While most view the market reaction to macro developments as firmly entrenched within a “sweet spot,” risks persist.

尽管大多数人认为市场对宏观发展的反应牢牢地处于“最佳点”，但风险仍然存在。

Those include geopolitical risks in the Middle East and Eastern Europe, ballooning U.S. debt, and possible climate disasters as potential catalysts for ending the party early.

其中包括中东和东欧的地缘政治风险、不断膨胀的美国债务以及可能的气候灾难，这些都是提前结束该党的潜在催化剂。

For now, Bitcoin doesn’t seem to care.

目前，比特币似乎并不关心。