The Crypto Market Soars to New Heights

加密货币市场飙升至新高度

In a remarkable surge, the cryptocurrency market has experienced a 5.35% increase in total market capitalization within just 24 hours, reaching an astounding $3.64 trillion. Bitcoin has led the charge, reclaiming the $100,000 milestone. Trading volume has also witnessed a significant jump of 35%, hitting $225 billion, indicating strong bullish momentum for December.

加密货币市场总市值在短短 24 小时内增长了 5.35%，达到惊人的 3.64 万亿美元。比特币一马当先，重新突破 10 万美元的里程碑。交易量也大幅增长 35%，达到 2250 亿美元，表明 12 月份强劲的看涨势头。

Altcoins Share the Gains

山寨币分享收益

Altcoins have not been left behind in this rally. Ethereum, Solana, XRP, and Dogecoin have all recorded impressive gains ranging from 5% to 9%.

在这次反弹中，山寨币也没有落后。以太坊、Solana、XRP 和狗狗币都取得了 5% 到 9% 的惊人涨幅。

CPI Report Boosts Bitcoin to $100K

CPI 报告将比特币推升至 10 万美元

Bitcoin, the market leader, has surged past $100,100, marking a rise of 3%. A key catalyst for this rally is the release of the U.S. November Consumer Price Index (CPI) data, which showed a 2.7% increase, in line with expectations.

市场领头羊比特币已飙升至 100,100 美元以上，涨幅为 3%。此次上涨的关键催化剂是美国11月消费者价格指数(CPI)数据的公布，该数据显示上涨2.7%，符合预期。

This data suggests a controlled inflation rate, prompting speculation that the Federal Reserve may consider lowering interest rates soon. A rate cut could make riskier investments like cryptocurrencies more enticing, further driving demand for Bitcoin.

该数据表明通胀率受到控制，引发人们对美联储可能考虑很快降息的猜测。降息可能会使加密货币等风险较高的投资更具吸引力，进一步推动对比特币的需求。

Bitcoin ETFs Witness Significant Inflows

比特币 ETF 见证大量资金流入

In addition to positive economic indicators, institutional interest in Bitcoin is growing. December 11th marked the 10th consecutive day of inflows for spot Bitcoin exchange-traded funds (ETFs) in the United States, with total net inflows exceeding $34 billion.

除了积极的经济指标外，机构对比特币的兴趣也在增长。 12月11日是美国现货比特币交易所交易基金（ETF）连续第10天流入，净流入总额超过340亿美元。

According to Lookonchain, these 10 Bitcoin ETFs have attracted $538.45 million in inflows, with BlackRock leading the charge at $302.89 million, followed by Fidelity, Galaxy, and Grayscale.

Lookonchain 的数据显示，这 10 只比特币 ETF 吸引了 5.3845 亿美元的资金流入，其中贝莱德 (BlackRock) 以 3.0289 亿美元的资金流入领先，其次是富达 (Fidelity)、银河 (Galaxy) 和灰度 (Grayscale)。

Over the past 10 days alone, more than $4 billion has flowed into these funds, highlighting a substantial increase in institutional adoption of Bitcoin.

仅在过去 10 天里，就有超过 40 亿美元流入这些基金，凸显了机构对比特币的采用大幅增加。

Market Volatility Triggers Liquidations

市场波动引发清算

While the market rally has brought gains to many, not all traders have been as fortunate. In the past 24 hours, $272.88 million worth of trades were liquidated, affecting 95,658 traders caught off guard by the price movements.

尽管市场上涨给许多人带来了收益，但并非所有交易者都那么幸运。在过去 24 小时内，价值 2.7288 亿美元的交易被清算，影响了 95,658 名对价格走势措手不及的交易者。

Short positions bore the brunt of the liquidations, with $193.43 million in losses, as many traders underestimated Bitcoin's rapid ascent.

由于许多交易者低估了比特币的快速上涨，空头头寸在清算中首当其冲，损失达 1.9343 亿美元。

Bitcoin Eyes New All-Time High

比特币创下历史新高

Bitcoin currently trades at $100,598, approaching its all-time high of $104,087. If Bitcoin can maintain support above the $100,000 level, it has the potential to set new records.

比特币目前交易价格为 100,598 美元，接近历史高点 104,087 美元。如果比特币能够维持在 10 万美元以上的支撑位，它就有可能创造新的记录。

However, if the price falls below this level, it could retrace to around $95,668, leading to increased selling pressure.

然而，如果价格跌破该水平，可能会回升至 95,668 美元左右，导致抛售压力增加。