Bitcoin Nears $90,000, Surpasses Silver in Global Asset Value

比特幣接近 9 萬美元，全球資產價值超過白銀

Bitcoin (BTC) reached a record high of $89,604 on November 11th, contributing to an impressive surge in the cryptocurrency market. The global crypto market capitalization also achieved an all-time high of $3.11 trillion.

11 月 11 日，比特幣 (BTC) 創下 89,604 美元的歷史新高，推動加密貨幣市場大幅上漲。全球加密貨幣市值也創下3.11兆美元的歷史新高。

Following the rally, Bitcoin's market capitalization surged to $1.77 trillion, surpassing silver's valuation of $1.7 trillion and approaching the $1.8 trillion market cap of Saudi Aramco, the Saudi Arabian oil and gas company.

反彈之後，比特幣市值飆升至1.77兆美元，超過白銀1.7兆美元的估值，接近沙烏地阿拉伯石油和天然氣公司沙烏地阿美公司1.8兆美元的市值。

One key factor driving the surge was the $1.1 billion net inflows into U.S.-based spot BTC exchange-traded funds on November 11th.

推動這一飆升的關鍵因素是 11 月 11 日流入美國現貨 BTC 交易所交易基金的 11 億美元淨流入。

Furthermore, data from IntoTheBlock indicates that Bitcoin whale transactions have exceeded $100 billion. Large volumes of whale transactions often trigger a fear of missing out among retail investors, leading to significant inflows.

此外，IntoTheBlock 的數據顯示，比特幣鯨魚交易已超過 1,000 億美元。大量鯨魚交易往往會引發散戶的錯失恐懼，導致大量資金流入。

The Road to $100,000

通往 10 萬美元之路

Bitcoin's upward momentum has abated since approaching $90,000, as some investors are taking profits after substantial gains.

比特幣的上漲勢頭自接近 90,000 美元以來已經減弱，因為一些投資者在大幅上漲後獲利了結。

A poll on Polymarket with a $238,000 volume suggests a 40% probability of Bitcoin surpassing $100,000. Another ballot, with a betting volume of $3.6 million, indicates an 80% chance of BTC reaching $90,000. The odds of Bitcoin touching $95,000 and $105,000 are 57% and 20%, respectively.

Polymarket 的一項民意調查顯示，比特幣交易量為 238,000 美元，比特幣超過 100,000 美元的可能性為 40%。另一次投票的投注額為 360 萬美元，表明 BTC 達到 9 萬美元的可能性為 80%。比特幣觸及 95,000 美元和 105,000 美元的幾率分別為 57% 和 20%。

On Kalshi, a market prediction platform, the likelihood of BTC reaching $100,000 remains at 45%. Bitcoin is currently trading below $87,000, and the broader market is also showing signs of cooling down.

在市場預測平台 Kalshi 上，BTC 達到 10 萬美元的可能性仍為 45%。比特幣目前交易價格低於87,000美元，大盤也出現降溫跡象。

The upcoming U.S. Consumer Price Index (CPI) report for October, scheduled for November 13th, could either bolster the bull run or potentially alter its direction. The CPI report measures the inflation rate in the U.S.

即將於 11 月 13 日發布的 10 月美國消費者物價指數 (CPI) 報告可能會支撐牛市，也可能會改變其方向。 CPI報告衡量美國的通貨膨脹率

The September CPI was 2.4%, and it is projected to rise to 2.6% in October. Notably, the inflation report is a crucial factor in the December interest rate decision.

9月CPI為2.4%，預計10月將升至2.6%。值得注意的是，通膨報告是12月利率決定的關鍵因素。