Why Bitcoin Cash Is Exploding Higher
Why Bitcoin Cash Is Exploding Higher
Bitcoin Cash, created in 2017 as a hard fork of Bitcoin to address scalability issues, has long benefited from periods of heightened interest in its parent cryptocurrency. As Bitcoin saw massive $419 million inflows and prices soared, Bitcoin Cash followed suit, benefiting from the so-called "Bitcoin effect."Bitcoin Cash (CRYPTO: BCH) is trading higher by 8.1% to $355.45 Monday afternoon following a surge in inflows into Bitcoin and Ethereum exchange-traded funds (ETFs) last week. This uptick, driven by shifting U.S. political dynamics that favor cryptocurrencies, saw Bitcoin and Ethereum ETFs accumulate a total of $407 million in new inflows.
比特幣現金（CRYPTO: BCH）週一下午交易上漲8.1%，至355.45美元，在上週比特幣和以太幣交易所交易基金（ETF）流入激增的推動下。這種上漲是由於美國政治格局的轉變，有利於加密貨幣，導致比特幣和以太幣ETF共同吸收了4,0700萬美元的新流入。
What's Happening: The turning point came after the U.S. vice presidential debate, which triggered a shift in polling toward Republicans, viewed as more supportive of cryptocurrencies.
正在發生的事情：這個轉折點是在美國副總統辯論之後達成的，這引發了民意調查向共和黨人轉變的情況，他們被視爲更支持加密貨幣。
Analysts suggest that this political backdrop, rather than traditional economic factors, played a central role in attracting the large inflows, particularly from U.S.-based investors. As Bitcoin and Ethereum rallied, Bitcoin Cash, a prominent Bitcoin offshoot, surged alongside them.
分析師表示，這種政治背景，而不是傳統的經濟因素，在吸引大規模流入方面發揮了核心作用，尤其是來自美國投資者。隨着比特幣和以太幣的上漲，比特幣現金，作爲比特幣的著名分支，也同時激增。
Bitcoin Cash, created in 2017 as a hard fork of Bitcoin to address scalability issues, has long benefited from periods of heightened interest in its parent cryptocurrency. As Bitcoin saw massive $419 million inflows and prices soared, Bitcoin Cash followed suit, benefiting from the so-called "Bitcoin effect."
比特幣現金是2017年作爲比特幣的硬分叉而創建，旨在解決可伸縮性問題，長期以來從其母代加密貨幣的高度關注中受益。隨着比特幣看到巨額4,1900萬美元的流入和價格飆升，比特幣現金也緊隨其後，受益於所謂的「比特幣效應」。
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Investors seeking to capitalize on Bitcoin's bullish momentum often turn to Bitcoin Cash as a cheaper alternative that still holds historical ties to Bitcoin's original vision of a decentralized peer-to-peer electronic cash system.
尋求利用比特幣看漲勢頭的投資者經常把目光投向比特幣現金，因爲它是一個價格更便宜的選擇，同時仍與比特幣的原始願景——去中心化的點對點電子現金系統——保持歷史聯繫。
Why This Matters: The broader inflows into cryptocurrency ETFs, including the iShares Bitcoin Trust (NASDAQ:IBIT) and the Fidelity Wise Origin Bitcoin Fund (BATS:FBTC), also spilled over into the altcoin market. With the attention on Bitcoin's performance, Bitcoin Cash emerged as an attractive option for those looking to diversify their holdings while staying within the Bitcoin ecosystem.
爲什麼這很重要：加密貨幣ETF的更廣泛流入，包括 iShares比特幣信託（納斯達克:IBIT）和富達Wise Origin比特幣基金（BATS:FBTC），也波及到山寨幣市場。隨着人們關注比特幣的表現，比特幣現金成爲那些希望在保持比特幣生態系統的同時實現投資多樣化的人的有吸引力的選擇。
The allure of Bitcoin Cash's lower transaction fees and faster block times, compared to Bitcoin, can further enhance its appeal during periods of market excitement.
比特幣現金具有較低交易費和更快出塊時間的吸引力，與比特幣相比，這在市場興奮期間能進一步增加其吸引力。
The surge in blockchain equity ETFs, which saw their largest weekly inflows of the year at $34 million, added to the overall bullish sentiment across the crypto sector.
區塊鏈權益ETF的激增，今年以來最大周度資金流入達到3400萬美元，進一步提振了數字貨幣行業整體看漲情緒。
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Photo: Icons8_team from Pixabay
照片：Icons8_team from Pixabay
譯文內容由第三人軟體翻譯。
