Binance Research 发布 2025 全年回顾及 2026 展望报告指出，2025 年加密总市值首次突破 4 万亿美元， 比特币创下历史新高，但受宏观经济不确定性影响市场最终收跌约 7.9%；比特币呈现"资产属性强、链 上活动弱"特征，美国现货 ETF 净流入超 210 亿美元，但活跃地址数同比下降 16%。报告预测 2026 年 全球货币宽松及去监管化将推动市场"风险重启"，美国建立比特币战略储备或成关键催化剂。 （来源：吴说） ...

FOMC minutes. Photo by BeInCrypto More than 90% of the world's central banks have cut rates or held them steady for 12 straight months, a pattern rarely seen in the past 35 years. This easing cycle has produced 316 rate cuts over two years, topping even the 313 seen during the 2008–2010 financial crisis. Despite this global expansion of liquidity, Bitcoin has decoupled from growth in the money supply since mid-2025. This trend prompts questions about when the leading cryptocurrency will respond to the inf ...