比特币 (BTC) 价格接近 10 万美元，加密货币市场前景依然看涨

专家表示，随着加密货币交易者在年底稍事休息，该行业的整体前景仍然高度乐观。

Cryptocurrency had a banner year in 2024, with the total market cap increasing by 127 per cent to reach $3.9 trillion, according to research from crypto.com.

根据 crypto.com 的研究，加密货币在 2024 年迎来了辉煌的一年，总市值增长了 127%，达到 3.9 万亿美元。

The number of crypto owners also surged, reaching 653 million as of November 2024.

截至 2024 年 11 月，加密货币所有者数量也激增，达到 6.53 亿。

Depending on market conditions, the number of global crypto owners is likely to reach 750-900 million in 2025, crypto.com predicts.

crypto.com 预测，根据市场情况，到 2025 年，全球加密货币所有者数量可能会达到 750-9 亿。

“In 2025, we expect cryptocurrency to make strong inroads to becoming a mainstream asset class within the traditional finance ecosystem. This is in part due to a pivotal shift for Bitcoin in 2024, from a digital currency with a 15-year history for cryptocurrency enthusiasts to an institutional-grade asset, tradeable as a regulated financial product.

“到 2025 年，我们预计加密货币将强势进军，成为传统金融生态系统中的主流资产类别。这在一定程度上是由于比特币在 2024 年发生了关键转变，从加密货币爱好者拥有 15 年历史的数字货币转变为机构级资产，可以作为受监管的金融产品进行交易。

Bitcoin reaching $100,000 in 2024 was not just an exciting moment for Bitcoin, but a milestone moment for the entire crypto industry — once again proving its resilience,” said Tarik Erk, General Manager Middle East & Africa, crypto.com.

比特币在 2024 年达到 10 万美元不仅对比特币来说是一个激动人心的时刻，而且对整个加密行业来说也是一个里程碑时刻——再次证明了它的韧性。”crypto.com 中东和非洲总经理 Tarik Erk 表示。

Cryptocurrencies have been boosted by the re-election of Donald Trump, with markets feeling optimistic about his support for digital assets.

唐纳德·特朗普的连任推动了加密货币的上涨，市场对他对数字资产的支持感到乐观。

Trump aims to make the US a crypto capital and wants to create a Bitcoin reserve.

特朗普的目标是让美国成为加密货币之都，并希望建立比特币储备。

He also plans to ease regulations on the crypto market, which could create further growth opportunities for the asset.

他还计划放松对加密货币市场的监管，这可能为该资产创造进一步的增长机会。

His approach, along with the Republican Party’s pro-crypto stance, signals a shift toward greater acceptance of cryptocurrencies, said Vijay Valecha, chief investment officer, Century Financial.

Century Financial 首席投资官 Vijay Valecha 表示，他的做法以及共和党支持加密货币的立场，标志着人们对加密货币的接受程度有所提高。

Many expect that by 2025, new laws will modernise the US financial system to better include cryptocurrencies.

许多人预计，到 2025 年，新法律将使美国金融体系现代化，以更好地纳入加密货币。

One of these could give the Commodity Futures Trading Commission (CFTC) more power to regulate crypto, reducing the SEC’s role.

其中之一可能会赋予商品期货交易委员会（CFTC）更多监管加密货币的权力，从而削弱 SEC 的作用。

“This shift could be good for the future of cryptocurrencies and for companies involved in the crypto industry. If the SEC eases its strict rules on cryptocurrencies, it could make things easier for crypto investors and businesses,” said Valecha.

“这种转变可能有利于加密货币的未来以及参与加密行业的公司。如果美国证券交易委员会放松对加密货币的严格规定，这可能会让加密货币投资者和企业的事情变得更容易。”Valecha 说。

Since Bitcoin ETFs launched in January, they’ve already seen over $500 billion in daily trading volume and $36 billion in net inflows, with BlackRock’s iShares Bitcoin Trust being a standout success.

自 1 月份推出比特币 ETF 以来，日交易量已超过 5000 亿美元，净流入量达 360 亿美元，贝莱德的 iShares 比特币信托基金取得了巨大成功。

“Bitcoin ETFs are expected to attract more flows in 2025 for three key reasons: the first years are typically the slowest for ETFs, large powerhouses like Morgan Stanley, Merrill Lynch, etc. are expected to come up with their own ETFs, and investors will gradually increase their allocation,” said Valecha.

“比特币 ETF 预计将在 2025 年吸引更多资金，原因有三个：第一年通常是 ETF 最慢的一年，摩根士丹利、美林等大型巨头预计将推出自己的 ETF，投资者将逐渐增加他们的分配，”Valecha 说。

The launch of Bitcoin ETF options this year is a big step for cryptocurrencies as it may lead to reduced volatility, boosting investor confidence and creating positive price momentum.

今年比特币 ETF 期权的推出对于加密货币来说是一大进步，因为它可能会减少波动性，提振投资者信心并创造积极的价格动力。

“As more crypto ETFs, beyond Bitcoin and Ether, are expected to launch under Trump’s administration, the category could see even larger amounts of assets under management (AUM), especially with growing investor interest, a more stable trading environment, and lower absolute values associated with ETFs,” said Valecha.

“随着除了比特币和以太坊之外，更多的加密 ETF 预计将在特朗普政府的领导下推出，该类别的管理资产 (AUM) 可能会更大，特别是在投资者兴趣不断增长、交易环境更加稳定和绝对价值较低的情况下与 ETF 相关，”Valecha 说。

In 2025, the industry will watch a few key areas: SAB 121, stablecoins, greater regulatory openness to digital asset innovation, and movement around a US strategic Bitcoin reserve.

2025 年，业界将关注几个关键领域：SAB 121、稳定币、对数字资产创新的更大监管开放以及围绕美国战略比特币储备的动向。

Crypto mining companies like Riot, Mara, Coinbase, and CLSK are also expected to benefit from proposed deregulations, analysts say.

分析师表示，Riot、Mara、Coinbase 和 CLSK 等加密货币挖矿公司也有望从拟议的放松管制中受益。

Increased adoption of cryptocurrencies is expected by corporations that could use this technology to innovate and establish their position in the market.

可以利用该技术进行创新并确立其市场地位的公司预计会越来越多地采用加密货币。

“This can be seen from MicroStrategy Inc., the largest corporate holder of Bitcoin, which has integrated crypto into its portfolio and could potentially merge the financial technology in the gaming world,” said Valecha.

Valecha 表示：“这一点可以从比特币最大的企业持有者 MicroStrategy Inc. 身上看到，该公司已将加密货币整合到其投资组合中，并有可能将金融技术合并到游戏世界中。”

Further, decentralised artificial intelligence (deAI) is set to reshape how AI operates by leveraging blockchain to distribute computation and data storage across a decentralised network.

此外，去中心化人工智能（deAI）将利用区块链在去中心化网络上分配计算和数据存储，从而重塑人工智能的运作方式。

The integration of deAI with blockchain is expected to unlock potential across industries like healthcare, finance and logistics.

deAI 与区块链的整合预计将释放医疗保健、金融和物流等行业的潜力。

Multiple Central Bank Digital Currency (CBDC) projects are being introduced to modernise payment systems and promote financial inclusion.

多个中央银行数字货币（CBDC）项目正在被引入，以实现支付系统现代化并促进金融包容性。

This could further benefit the crypto sector and create promising growth avenues.

这可能会进一步有利于加密货币行业并创造有希望的增长途径。

Industry growth and adoption will continue to be bolstered by the ever-increasing ability of crypto to be a form of payment for everyday goods and services and the increase of traditional banking systems using blockchain technology and innovations, such as stablecoins, to create greater efficiencies in areas like settlements and cross-border payments.

加密货币作为日常商品和服务的支付方式的能力不断增强，以及使用区块链技术和稳定币等创新技术的传统银行系统的增加，将继续推动行业的增长和采用，以提高效率。结算和跨境支付等领域。

“Looking ahead, the potential approval of ETFs for other cryptocurrencies, expected pro-crypto policies under President Donald Trump’s incoming administration and discussions being had in many countries around establishing bitcoin reserves could further encourage adoption,” said Erk.

Erk 表示：“展望未来，其他加密货币 ETF 的潜在批准、唐纳德·特朗普总统即将上任的政府预计将出台的支持加密货币的政策以及许多国家围绕建立比特币储备进行的讨论可能会进一步鼓励采用。”

More jurisdictions globally are focussed on designing effective regulation which enhances consumer and institutional trust in the industry.

全球越来越多的司法管辖区致力于设计有效的监管，以增强消费者和机构对该行业的信任。

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