乐观情绪与日俱增 比特币历史首次突破12万美元

Core Insights - Bitcoin has historically surpassed $120,000 for the first time, driven by increasing investor optimism [1] - The surge follows a period of volatility around $100,000, influenced by concerns over Trump's economic policies [1] - Institutional investments in Bitcoin and Ethereum spot ETFs have contributed to the recent price increase, marking a shift in perception towards Bitcoin as a macro hedge and a store of value [1] Market Sentiment - Investor sentiment has improved significantly, with Bitcoin breaking out of a narrow trading range [1] - The resurgence in risk appetite in the stock market has positively impacted Bitcoin's price [1] - The view of Bitcoin is evolving, with it being seen not just as a speculative asset but also as a structural hedge against macroeconomic risks [1] Institutional Involvement - There has been a notable influx of institutional capital into Bitcoin and Ethereum, particularly in the form of spot ETFs [1] - This institutional interest is helping to stabilize Bitcoin's price movements, contrasting with the volatility seen in previous bull markets [1]