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.

随着对美国大选潜在结果的预期日益临近，比特币飙升至 71,000 美元大关，创下历史新高，并带动 DOGE、ENA、POPCAT 和 BSV 等其他山寨币大幅上涨。

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，领先的加密货币比特币 (BTC) 自 6 月以来首次突破 70,000 美元大关，重振了过去 7 个月基本停滞的市场。对即将到来的美国大选的潜在影响的猜测以及大量资金流入以加密货币为重点的交易所交易基金（ETF）推动了这一涨势。

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.

比特币日涨幅为 5%，盘中触及 71,540 美元的高点，引发了人们对其可能接近 3 月份记录 73,737 美元的希望。截至撰写本文时，其市值为 1.4 万亿美元。

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.

最近的价格飙升恰逢共和党总统候选人唐纳德·特朗普在预测市场 Polymarket 获胜的可能性不断增加，用户预测他有 65.8% 的机会击败民主党候选人副总统卡马拉·哈里斯。鉴于特朗普之前对加密货币的支持，人们普遍认为特朗普的胜利对加密货币行业是积极的。

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.

美国现货比特币 ETF 的重新流入也推动了 BTC 价格的积极势头，仅上周就有 9.2 亿美元投资于比特币基金，本月净流入超过 35 亿美元。

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.

市场观察人士还注意到比特币技术结构中出现的看涨指标。值得注意的是，Crypto Rover 发现了一个“黄金交叉”——比特币的 50 天移动平均线穿越其 200 天移动平均线——历史上这种模式先于比特币价格在五个月内翻倍。

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

罗弗在另一篇文章中强调，比特币已经突破了牛市旗形模式，这是技术分析中的另一个主要看涨指标。

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

推动比特币上涨的势头已经扩展到更广泛的山寨币市场，许多代币都出现了两位数的涨幅。

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.

在过去的 24 小时内，最初的 meme 币狗狗币 (DOGE) 上涨了 15.1%，交易价格为 0.1653 美元，为过去五个月的最高点，市值为 242 亿美元。 Ethena (ENA) 上涨 13.7%，而 Popcat (POPCAT) 则创下历史新高，达到 1.69 美元，使其市值突破 16.6 亿美元。历史上反映比特币价格走势的加密资产比特币 SV (BSV) 也飙升 11.9%，位居当日涨幅榜前列。

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.

最大的山寨币以太坊 (ETH) 上涨 4.4%，交易价格为 2,618 美元，而其他主要加密货币如 BNB (BNB)、Solana (SOL) 和 XRP (XRP) 则上涨 1-3%。这使得全球市值增长了 2.2%，目前达到 2.51 万亿美元。