比特币的成功彻底改变了金融世界

比特币的价值继续创下历史新高。比特币目前有望创下二月份以来的最佳月度表现。

Bitcoin’s value continues to rise, reaching new heights with the recent election of Trump. The cryptocurrency, which has been gaining increasing attention from investors, institutions, and even governments, is now on track for its best monthly performance since February.

比特币的价值持续上涨，随着特朗普最近的当选而达到新的高度。这种加密货币越来越受到投资者、机构甚至政府的关注，目前有望创下 2 月份以来的最佳月度表现。

Trump’s victory has added 45% to Bitcoin’s value, which now stands at around $75,000. This surge can be largely attributed to the placement of pro-crypto lawmakers in Congress, including Trump himself.

特朗普的胜利使比特币的价值增加了​​ 45%，目前约为 75,000 美元。这种激增很大程度上归因于国会中支持加密货币的立法者的安置，包括特朗普本人。

As a result, confidence in cryptocurrency markets is growing, with more support for crypto-friendly policies. This could ultimately accelerate the mainstream adoption of digital currencies, further boosting Bitcoin’s price and solidifying its position as a leading asset.

因此，人们对加密货币市场的信心不断增强，对加密货币友好政策的支持也越来越多。这最终可能会加速数字货币的主流采用，进一步推高比特币的价格并巩固其作为领先资产的地位。

Bitcoin’s value has more than doubled since the beginning of this year, reaching record levels. The approval of U.S-listed bitcoin exchange-traded funds (ETFs) in January also played a significant role in boosting the market.

自今年年初以来，比特币的价值已经增加了一倍多，达到了创纪录的水平。一月份美国上市的比特币交易所交易基金（ETF）的批准也对市场起到了重要的提振作用。

Bitcoin has risen by an impressive 130% this year. “The longer it survives it is taken more seriously, that’s just the reality of things,” said Shane Oliver, chief economist and head of investment strategy at AMP Sydney.

比特币今年上涨了 130%，令人印象深刻。 AMP Sydney 首席经济学家兼投资策略主管 Shane Oliver 表示：“它存在的时间越长，就会受到越多的重视，这就是现实。”

“As an economist and investor I find it very hard to value it…it’s anyone’s guess. But it does have a momentum aspect to it and at the moment the momentum is up.”

“作为一名经济学家和投资者，我发现很难对其进行估值……这是任何人的猜测。但它确实有势头，目前势头正在上升。”

Bitcoin nearly hits $100,000

比特币接近10万美元

Bitcoin crossed the $75,000 mark with the election of Trump in early November. On the 21st, it came close to finally breaking the $100,000 ceiling.

随着 11 月初特朗普当选，比特币突破了 75,000 美元大关。 21日，终于接近突破10万美元上限。

Despite the growing success of the cryptocurrency, many people still remain skeptical of it. However, policy developments regarding Bitcoin, such as the January approval of U.S-listed bitcoin ETFs, may help to increase public trust.

尽管加密货币越来越成功，但许多人仍然对其持怀疑态度。然而，有关比特币的政策发展，例如 1 月份批准在美国上市的比特币 ETF，可能有助于增加公众信任。

“There have not been any ETFs like this before,” said Ric Edelman, founder of the Digital Assets Council of Financial Professionals.

“以前从未有过这样的 ETF，”金融专业人士数字资产委员会创始人里克·埃德尔曼 (Ric Edelman) 表示。

“There are ETFs that invest in stocks of companies that do business in the crypto industry, such as exchanges and miners, and there are ETFs that trade futures in bitcoin, which is like buying equity options instead of stocks, but until now there have not been any ETFs that directly invest in and own bitcoin.”

“有些 ETF 投资于在加密行业开展业务的公司的股票，例如交易所和矿商，也有 ETF 以比特币交易期货，这就像购买股票期权而不是股票，但到目前为止还没有任何直接投资并拥有比特币的 ETF。”

Tempted to buy into Bitcoin? Here is what you need to know

想要购买比特币吗？这是你需要知道的

If you are considering adding Bitcoin to your investment portfolio, there are several important factors to keep in mind.

如果您正在考虑将比特币添加到您的投资组合中，则需要牢记几个重要因素。

Bitcoin and other cryptocurrencies are classified as speculative investments, meaning that people invest in them with the expectation that their value will rise quickly. These assets are highly volatile, and investors hope to profit from price fluctuations, although this also involves a high degree of risk.

比特币和其他加密货币被归类为投机投资，这意味着人们投资它们，期望它们的价值会迅速上涨。这些资产波动性很大，投资者希望从价格波动中获利，尽管这也涉及很高的风险。

“Normally, the way you think about a financial asset is you’re providing capital to the company,” said Michael Finke, a professor of wealth management at The American College of Financial Services.

美国金融服务学院财富管理学教授迈克尔·芬克表示：“通常情况下，你对金融资产的看法是为公司提供资本。”

“The company uses that capital to make something, and the people buy it. That creates profit. You can value the company based on the profitability you expect in the future. With bitcoin, it’s not producing anything, so the valuation is entirely speculative.”

“公司利用这些资本来制造一些东西，然后人们购买它。这创造了利润。您可以根据您预期的未来盈利能力来评估公司。对于比特币来说，它不会产生任何东西，因此其估值完全是投机性的。”

While Bitcoin’s price has increased by over 600% in the last five years, it differs significantly from traditional investments like stocks. Unlike companies that manufacture products and pay dividends, Bitcoin’s value is largely speculative and has limited practical applications.

尽管比特币的价格在过去五年中上涨了 600% 以上，但它与股票等传统投资有很大不同。与制造产品和支付股息的公司不同，比特币的价值很大程度上是投机性的，实际应用有限。

Moreover, the wealth generated by the stock market usually stems from reinvested dividends, which are compounded over time, leading to steady growth. In contrast, Bitcoin does not offer a similar opportunity for compounding or reinvestment.

此外，股票市场产生的财富通常来源于股息再投资，随着时间的推移，股息会复合，从而实现稳定增长。相比之下，比特币不提供类似的复利或再投资机会。