As the anticipation surrounding the potential outcomes of the U.S. election approaches, Bitcoin surged past the $71,000 mark, setting a new all-time high and igniting significant gains among other altcoins, including DOGE, ENA, POPCAT, and BSV.

隨著對美國大選潛在結果的預期日益臨近，比特幣飆升至 71,000 美元大關，創下歷史新高，並帶動 DOGE、ENA、POPCAT 和 BSV 等其他山寨幣大幅上漲。

On October 29th, Bitcoin (BTC), the leading cryptocurrency, surpassed the $70,000 threshold for the first time since June, revitalizing a market that had largely remained stagnant over the past seven months. This rally was fueled by speculation about the potential implications of the upcoming U.S. election and substantial inflows into crypto-focused exchange-traded funds (ETFs).

10 月 29 日，領先的加密貨幣比特幣 (BTC) 自 6 月以來首次突破 70,000 美元大關，重振了過去 7 個月基本停滯的市場。對即將到來的美國大選的潛在影響的猜測以及大量資金流入以加密貨幣為重點的交易所交易基金（ETF）推動了這一漲勢。

With a 5% daily gain, Bitcoin reached an intraday high of $71,540, raising hopes that it could approach its March record of $73,737. At the time of writing, its market capitalization stands at $1.4 trillion.

比特幣日漲幅為 5%，盤中觸及 71,540 美元的高點，引發了人們對其可能接近 3 月記錄 73,737 美元的希望。截至撰寫本文時，其市值為 1.4 兆美元。

The recent price surge coincides with the increasing odds of Republican presidential nominee Donald Trump's victory in the prediction market Polymarket, where users predict a 65.8% chance of his triumph over Democratic candidate Vice President Kamala Harris. A Trump victory is generally considered positive for the crypto sector, given his previous support for cryptocurrency.

最近的價格飆升恰逢共和黨總統候選人唐納德·川普在預測市場 Polymarket 獲勝的可能性不斷增加，用戶預測他有 65.8% 的機會擊敗民主黨候選人副總統卡馬拉·哈里斯。鑑於川普先前對加密貨幣的支持，人們普遍認為川普的勝利對加密貨幣產業是正面的。

Renewed inflows into U.S.-based spot Bitcoin ETFs have also contributed to the positive momentum in BTC price, with $920 million invested in Bitcoin funds last week alone and net inflows exceeding $3.5 billion this month.

美國現貨比特幣 ETF 的重新流入也推動了 BTC 價格的積極勢頭，僅上週就有 9.2 億美元投資於比特幣基金，本月淨流入超過 35 億美元。

Market observers have also noted bullish indicators emerging in Bitcoin's technical setup. Notably, Crypto Rover identified a "golden cross" – Bitcoin's 50-day moving average crossing above its 200-day moving average – a pattern that has historically preceded a doubling of Bitcoin's price within five months.

市場觀察家也注意到比特幣技術結構中出現的看漲指標。值得注意的是，Crypto Rover 發現了一個「黃金交叉」——比特幣的50 天移動平均線穿越其200 天移動平均線——歷史上這種模式先於比特幣價格在五個月內翻倍。

In a separate post, Rover highlighted that Bitcoin has broken out of a bull flag pattern, another major bullish indicator in technical analysis.

羅弗在另一篇文章中強調，比特幣已經突破了牛市旗形模式，這是技術分析的另一個主要看漲指標。

The momentum driving Bitcoin's rally has extended to the broader altcoin market, with many tokens experiencing double-digit gains.

推動比特幣上漲的勢頭已經擴展到更廣泛的山寨幣市場，許多代幣都出現了兩位數的漲幅。

In the past 24 hours, Dogecoin (DOGE), the original meme coin, rose by 15.1%, trading at $0.1653 – its highest point in the past five months – with a market capitalization of $24.2 billion. Ethena (ENA) gained 13.7%, while Popcat (POPCAT) reached a new all-time high of $1.69, pushing its market valuation past $1.66 billion. Bitcoin SV (BSV), a crypto asset that historically mirrors Bitcoin's price movements, also surged by 11.9%, ranking among the top gainers of the day.

在過去的 24 小時內，最初的 meme 幣狗狗幣 (DOGE) 上漲了 15.1%，交易價格為 0.1653 美元，為過去五個月的最高點，市值為 242 億美元。 Ethena (ENA) 上漲 13.7%，而 Popcat (POPCAT) 則創下歷史新高，達到 1.69 美元，使其市值突破 16.6 億美元。歷史上反映比特幣價格走勢的加密資產比特幣 SV (BSV) 也飆升 11.9%，位居當日漲幅榜前列。

The largest altcoin, Ethereum (ETH), rose by 4.4%, trading at $2,618, while other major cryptocurrencies such as BNB (BNB), Solana (SOL), and XRP (XRP) experienced gains of 1-3%. This contributed to a 2.2% increase in the global market capitalization, which now stands at $2.51 trillion.

最大的山寨幣以太幣 (ETH) 上漲 4.4%，交易價格為 2,618 美元，而其他主要加密貨幣如 BNB (BNB)、Solana (SOL) 和 XRP (XRP) 則上漲 1-3%。這使得全球市值成長了 2.2%，目前達到 2.51 兆美元。