增长稳定币对比特币和加密价格的影响

加密和美国股票市场开始了本周最糟糕的音符，对中国AI平台DeepSeek的推出产生了负面反应。

The crypto and US equities markets had a mixed start to the week, reacting differently to the launch of the Chinese AI platform DeepSeek. While the stock markets opened the week in the green, crypto prices reacted negatively to the news, with the Bitcoin price dropping below the $100,000 level on Monday.

加密货币和美国股票市场本周的起点不同，对中国AI平台DeepSeek的推出有所不同。当股票市场以绿色开放一周，加密价格对新闻的反应负面反应，比特币的价格下跌以下是周一的100,000美元水平。

However, the Bitcoin price has since recovered and returned above the $100,000 level, moving mostly sideways to close the week. According to a recent on-chain report, liquidity on centralized exchanges has reached a new record high, suggesting that crypto bulls now have increased buying power.

但是，自那以后，比特币价格已经恢复并返回了100,000美元的水平，主要侧面偏向一周。根据最近的一份链报告，集中交流的流动性达到了新的纪录，这表明加密公牛现在已经增加了购买力。

The question is — can this fresh buying power push the Bitcoin price to a new high?

问题是 - 这种新鲜的购买力能否将比特币价格提高到新的高价？

Impact Of Growing Stablecoins On Crypto PricesIn its latest weekly report, blockchain intelligence firm CryptoQuant revealed liquidity in the crypto market has experienced a significant boost since the US Presidential election in November 2024. Liquidity in crypto is measured by the total value of circulating stablecoins, which recently reached a new all-time high.

自2024年11月美国总统大选以来，加密货币市场的加密货币公司在其最新的每周报告中对加密货币价格的影响对加密货币市场的流动性的影响很大。最近达到了新的历史最高水平。

According to data from CryptoQuant, the market capitalization of dollar-backed stablecoins surpassed the $200 billion mark last week and is currently at $204 billion, a record high. This value represents an over 22% expansion since Donald Trump’s victory in the US elections.

根据CryptoQuant的数据，上周美元支持的Stablecoins的市值超过了2000亿美元的大关，目前为2040亿美元，创纪录的高度。自唐纳德·特朗普（Donald Trump）在美国大选中胜利以来，这个价值超过22％。

One major contributor to this growth is Tether’s USDT, which accounts for nearly 70% of the USD-denominated stablecoin market. USDT’s market cap currently stands at around $139 million, reflecting a 15% increase since November last year.

Tether的USDT是造成这种增长的主要贡献者，该公司占以USD计价的Stablecoin市场的近70％。 USDT的市值目前约为1.39亿美元，反映出自去年11月以来增长了15％。

Interestingly, this expansion has been mirrored in the stablecoin balances of centralized exchanges, with the total amount of USDT on these trading platforms now at record levels. CryptoQuant revealed that the market cap of USDT on centralized crypto exchanges has increased from $30.5 billion to $43 billion in the past three months, representing a 41% increase.

有趣的是，这种扩展在集中交流的稳定余额中反映了，现在这些交易平台上的总量在创纪录的水平上。 CryptoQuant透露，在过去三个月中，集中式加密交易所的USDT市值已从300亿美元增加到430亿美元，增长了41％。

Dollar-backed stablecoins are an important source of liquidity for trading on centralized exchanges. Hence, an expansion in the stablecoin supply of exchanges implies an increase in the buying power of crypto investors.

美元支持的Stablecoins是集中交易的重要流动性来源。因此，交易所供应的稳定供应的扩展意味着加密投资者的购买力增加。

“The next leg up for Bitcoin and crypto prices could be around the corner, as the stablecoin liquidity impulse starts to expand again,” CryptoQuant noted. Moreover, a growing stablecoin market cap — especially on centralized exchanges — is historically correlated with higher Bitcoin prices.

CryptoQuant指出：“随着Stablecoin流动性冲动再次扩大，比特币和加密价格的下一个领域可能会临近。”此外，历史上不断增长的Stablecoin市值（尤其是在集中式交易所）与比特币价格更高相关。

CryptoQuant added:

加密添加：

USDT’s liquidity impulse (30-day % change in market capitalization) is now slightly positive after contracting by 2% at the start of 2025. A further acceleration typically drives crypto prices higher. Meanwhile, USDC’s liquidity impulse is expanding by 20%, its fastest pace in at least a year.

USDT的流动性冲动（市值的30天％变化）在2025年初收缩了2％后，现在略有阳性。进一步的加速通常会使加密货币价格提高。同时，USDC的流动性冲动增长了20％，至少一年来最快的速度。

Bitcoin Price At A GlanceAs of this writing, Bitcoin is valued at around $102,400, reflecting an almost 2% decline in the past 24 hours.

比特币的价格在撰写本文中，比特币的价值约为102,400美元，反映了过去24小时下降近2％。