比特币飙升表明交易焦点转向美国时区

比特币在美国市场的主导地位从其与美国交易时间一致的明显价格波动中可见一斑。美国比特币交易所交易基金（ETF）的激增吸引了大量资金流入，导致流动性和波动性向美国市场转移，在ETF资产净值计算前后，每小时的价格差距和现货交易量都在增加。

Bitcoin's Surge Highlights Shift in Trading Focus to US Hours

比特币的飙升凸显交易焦点转向美国时间

In a notable development that has enlivened a relatively subdued Monday on Wall Street, Bitcoin has experienced a significant surge, rising by 7% to reclaim the $70,000 threshold. This latest upward movement reinforces the growing trend of pronounced Bitcoin price fluctuations occurring during US trading hours.

周一，比特币经历了大幅上涨，上涨 7%，重回 70,000 美元大关，这一显着进展让华尔街相对低迷的周一变得活跃起来。这一最新的上涨趋势强化了美国交易时段比特币价格明显波动的增长趋势。

The aforementioned pattern has been evident in previous months, notably in February when Bitcoin crossed the $60,000 mark for the first time since 2021, and in March during its ascent to a record high. Concurrently with the introduction of Bitcoin exchange-traded funds (ETFs), the trading focus has shifted to the United States. These ETFs have attracted over $11 billion in net inflows since their debut on January 11th.

上述模式在前几个月已经很明显，特别是 2 月份，比特币自 2021 年以来首次突破 60,000 美元大关，以及 3 月份升至历史新高。随着比特币交易所交易基金（ETF）的推出，交易焦点已转移到美国。自 1 月 11 日推出以来，这些 ETF 已吸引超过 110 亿美元的净流入。

A metric analyzing the discrepancy between Bitcoin's hourly high and low prices reveals a wider gap in the US compared to Asia, according to research firm Kaiko. As a result, volatility has become "more concentrated during US opening hours," the firm observed.

研究公司 Kaiko 表示，分析比特币每小时最高价和最低价之间差异的指标显示，与亚洲相比，美国的差距更大。该公司观察到，因此，波动性变得“在美国开盘时间内更加集中”。

BlackRock Inc. and Fidelity Investments are among the prominent financial institutions that have launched successful Bitcoin ETFs in the US, which have had a transformative impact on the structure of the crypto market. These developments have enhanced Bitcoin market liquidity while generating a surge in spot volumes around the time when ETFs determine their net asset values, typically coinciding with the close of US trading.

贝莱德 (BlackRock Inc.) 和富达投资 (Fidelity Investments) 是在美国成功推出比特币 ETF 的知名金融机构之一，对加密货币市场的结构产生了变革性影响。这些发展增强了比特币市场的流动性，同时在 ETF 确定其资产净值时（通常与美国交易收盘时）现货交易量激增。

Notably, Asia emerged as a new focal point for digital asset markets earlier this year, coinciding with a period of heightened regulatory scrutiny in the United States. During this time, Bitcoin trading activity intensified during Asian hours.

值得注意的是，今年早些时候，亚洲成为数字资产市场的新焦点，恰逢美国加强监管审查的时期。在此期间，比特币交易活动在亚洲时段加剧。

As of Tuesday morning, Bitcoin remained relatively stable at $70,665 in London. On Monday, the premier cryptocurrency briefly surpassed $71,000 in the US before cooling slightly to end the session with a gain of approximately 7%. Over the past year, Bitcoin has experienced a surge of 154%, approaching its mid-March peak of almost $73,798.

截至周二上午，伦敦比特币相对稳定于 70,665 美元。周一，这种主要的加密货币在美国短暂突破 71,000 美元，随后略有降温，最终以约 7% 的涨幅收盘。在过去的一年里，比特币经历了 154% 的飙升，接近 3 月中旬的峰值近 73,798 美元。