Bitcoin Surges to New All-Time High, Sparking Altcoin Rally

比特币飙升至历史新高，引发山寨币反弹

Bitcoin (BTC) has set a new all-time high of $89,604.50, propelling altcoins into a bullish surge.

比特币 (BTC) 创下 89,604.50 美元的历史新高，推动山寨币看涨。

Market Analysis

市场分析

Bitcoin's rally has been ongoing since last week, with the pioneer crypto asset breaking through resistance at $73,000. In the past 24 hours alone, BTC has surged 9.53%, surpassing its previous ATH of $81,858.

自上周以来，比特币的上涨一直在持续，这一先锋加密资产突破了 73,000 美元的阻力位。仅在过去 24 小时内，BTC 就飙升了 9.53%，超过了之前的最高峰值 81,858 美元。

The bullish momentum has spread to altcoins, led by Dogecoin (DOGE). The total crypto market cap has rallied above $3 trillion for the first time since 2021.

看涨势头已蔓延到以狗狗币（DOGE）为首的山寨币。自 2021 年以来，加密货币总市值首次升至 3 万亿美元以上。

Factors Driving the Surge

推动激增的因素

Analysts attribute the surge in Bitcoin and altcoin prices to several factors in both the global financial market and the crypto sphere:

分析师将比特币和山寨币价格的飙升归因于全球金融市场和加密领域的几个因素：

• Short Squeeze: Over $1.2 billion in liquidations of leveraged short positions has shifted market sentiment towards the bullish side.
• Institutional Demand: Major investors are entering the Bitcoin market, as evidenced by the recent surge in volume and market cap. The purchase of 27,000 BTC by MicroStrategy Inc. further supports this trend.
• Regulatory Certainty: Senator Cynthia Lummis expects the incoming administration to pass the 'Bitcoin Act', potentially positioning Bitcoin as a hedge against national debt.
• Favorable Political Developments: The nomination of Scott Bessent as Treasury Secretary is viewed as positive for the crypto market, particularly Bitcoin.

Outlook

空头挤压：超过 12 亿美元的杠杆空头头寸清算已将市场情绪转向看涨。 机构需求：主要投资者正在进入比特币市场，近期交易量和市值的飙升就证明了这一点。 MicroStrategy Inc. 购买 27,000 BTC 进一步支持了这一趋势。监管确定性：参议员 Cynthia Lummis 预计即将上任的政府将通过“比特币法案”，可能将比特币定位为对冲国家债务的工具。有利的政治发展：斯科特的提名贝森特担任财政部长被认为对加密市场，特别是比特币有积极影响。展望

Many analysts predict that Bitcoin is poised to continue its upward trend, with some projecting a price of $100,000 in the coming days. However, it's important to note that the crypto market remains volatile, and investors should proceed with caution.

许多分析师预测比特币将继续其上涨趋势，一些分析师预计未来几天比特币的价格将达到 10 万美元。但值得注意的是，加密货币市场依然波动，投资者应谨慎行事。