{"id":367,"date":"2026-08-14T10:14:55","date_gmt":"2026-08-14T01:14:55","guid":{"rendered":"https:\/\/www.nexus-assetbase.com\/?p=367"},"modified":"2026-08-14T10:14:59","modified_gmt":"2026-08-14T01:14:59","slug":"ppi%e9%88%8d%e5%8c%96%e3%81%a7sp500%e3%81%af%e6%9c%80%e9%ab%98%e5%80%a4%e3%80%81%e3%81%9d%e3%82%8c%e3%81%a7%e3%82%82btc%e3%81%ab%e8%b3%87%e9%87%91%e3%81%8c%e6%88%bb%e3%82%89%e3%81%aa%e3%81%84","status":"publish","type":"post","link":"https:\/\/www.nexus-assetbase.com\/?p=367","title":{"rendered":"PPI\u920d\u5316\u3067S&#038;P500\u306f\u6700\u9ad8\u5024\u3001\u305d\u308c\u3067\u3082BTC\u306b\u8cc7\u91d1\u304c\u623b\u3089\u306a\u3044\u7406\u7531"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">7\u6708\u306e\u7c73\u751f\u7523\u8005\u7269\u4fa1\u6307\u6570\u306f\u524d\u6708\u6bd40.0%\u3068\u306a\u308a\u3001\u5e02\u5834\u4e88\u60f3\u306e+0.2%\u3092\u4e0b\u56de\u308a\u307e\u3057\u305f\u30029\u6708\u306e\u5229\u4e0a\u3052\u56de\u907f\u89b3\u6e2c\u304c\u5f37\u307e\u308a\u3001S&amp;P 500\u306f\u6700\u9ad8\u5024\u3092\u66f4\u65b0\u3057\u307e\u3057\u305f\u3002\u4e00\u65b9\u3001BTC\u306f6.3\u4e07\u30c9\u30eb\u53f0\u3067\u6a2a\u3070\u3044\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6700\u521d\u306f\u3001BTC\u3060\u3051\u304c\u597d\u6750\u6599\u306b\u53cd\u5fdc\u3067\u304d\u306a\u304b\u3063\u305f\u3088\u3046\u306b\u898b\u3048\u307e\u3059\u3002\u3057\u304b\u3057\u6570\u5b57\u3092\u4e26\u3079\u308b\u3068\u3001\u30ec\u30d0\u30ec\u30c3\u30b8\u306e\u6295\u3052\u58f2\u308a\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002Funding\u306f\u5c0f\u5e45\u30d7\u30e9\u30b9\u3001\u6e05\u7b97\u984d\u3082\u9650\u5b9a\u7684\u3067\u3059\u3002\u5f31\u3044\u306e\u306f\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u3088\u308a\u73fe\u7269\u3067\u3001\u7c73BTC\u73fe\u7269ETF\u306f\u6700\u65b0\u78ba\u5b9a\u65e5\u306b6,110\u4e07\u30c9\u30eb\u6d41\u51fa\u3057\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u672c\u7a3f\u3067\u306f\u3001\u7c73\u682a\u3068BTC\u3067\u53cd\u5fdc\u304c\u5206\u304b\u308c\u305f\u7406\u7531\u3001\u30c6\u30b6\u30fc\u76e3\u67fb\u306e\u610f\u5473\u3001AI\u9700\u8981\u306e\u5e83\u304c\u308a\u3001\u5186\u4ecb\u5165\u5f8c\u306e\u30ea\u30b9\u30af\u3092\u6574\u7406\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u4e3b\u8981\u6307\u6a19<\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table class=\"has-fixed-layout\"><tbody><tr><td>\u6307\u6a19<\/td><td class=\"has-text-align-right\" data-align=\"right\">\u78ba\u8a8d\u5024<\/td><td>\u72b6\u6cc1<\/td><\/tr><tr><td>BTC<\/td><td class=\"has-text-align-right\" data-align=\"right\">$63,442\u300124h +0.07%<\/td><td>PPI\u5f8c\u3082\u6a2a\u3070\u3044\u3002\u73fe\u7269\u8cb7\u3044\u4e0d\u8db3<\/td><\/tr><tr><td>ETH<\/td><td class=\"has-text-align-right\" data-align=\"right\">$1,886.66\u300124h +0.26%<\/td><td>\u5c0f\u5e45\u512a\u4f4d\u3060\u304c2,000\u30c9\u30eb\u672a\u56de\u5fa9<\/td><\/tr><tr><td>Fear &amp; Greed<\/td><td class=\"has-text-align-right\" data-align=\"right\">29\uff08Fear\uff09<\/td><td>\u524d\u65e527\u304b\u3089\u5c0f\u5e45\u6539\u5584<\/td><\/tr><tr><td>BTC\u73fe\u7269ETF<\/td><td class=\"has-text-align-right\" data-align=\"right\">-$61.1M<\/td><td>8\u670812\u65e5\u78ba\u5b9a\u5024\u300213\u65e5\u306f\u672a\u96c6\u8a08<\/td><\/tr><tr><td>ETH\u73fe\u7269ETF<\/td><td class=\"has-text-align-right\" data-align=\"right\">+$7.4M<\/td><td>BTC\u3068\u5c0f\u3055\u306a\u65b9\u5411\u5dee<\/td><\/tr><tr><td>BTC Funding<\/td><td class=\"has-text-align-right\" data-align=\"right\">+0.0078%<\/td><td>Binance\u30fb8\u6642\u9593\u5024\u3002\u904e\u71b1\u306f\u9650\u5b9a\u7684<\/td><\/tr><tr><td>BTC OI<\/td><td class=\"has-text-align-right\" data-align=\"right\">$46.66B<\/td><td>\u524d\u65e5\u304b\u3089\u6e1b\u5c11\u3002\u53c2\u52a0\u8005\u304c\u7e2e\u5c0f<\/td><\/tr><tr><td>BTC\u6e05\u7b97<\/td><td class=\"has-text-align-right\" data-align=\"right\">$48.55M<\/td><td>\u5e02\u5834\u5168\u4f53\u30fb24\u6642\u9593\u3002\u5d29\u58ca\u898f\u6a21\u3067\u306f\u306a\u3044<\/td><\/tr><tr><td>Coinbase Premium<\/td><td class=\"has-text-align-right\" data-align=\"right\">\u53d6\u5f97\u4e0d\u53ef<\/td><td>\u540c\u4e00\u6642\u523b\u306e\u6570\u5024\u3092\u63a8\u5b9a\u3057\u306a\u3044<\/td><\/tr><tr><td>\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u4f9b\u7d66<\/td><td class=\"has-text-align-right\" data-align=\"right\">$300.79B\u30017d +0.12%<\/td><td>\u65e5\u6b21-0.01%\u3002\u5f85\u6a5f\u8cc7\u91d1\u306f\u52a0\u901f\u305b\u305a<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">\u4fa1\u683c\u30fb\u30c7\u30ea\u30d0\u30c6\u30a3\u30d6\u306f<a href=\"https:\/\/www.coinglass.com\/currencies\/BTC\">CoinGlass<\/a>\u3001ETF\u306f<a href=\"https:\/\/farside.co.uk\/bitcoin-etf-flow-all-data\/\">Farside<\/a>\u3001\u4f9b\u7d66\u91cf\u306f<a href=\"https:\/\/defillama.com\/stablecoins\">DefiLlama<\/a>\u3092\u53c2\u7167\u3057\u307e\u3057\u305f\u3002\u5b9a\u7fa9\u306e\u7570\u306a\u308b\u6570\u5b57\u306f\u5408\u7b97\u3057\u3066\u3044\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">PPI\u920d\u5316\u3067\u682a\u4fa1\u306f\u6700\u9ad8\u5024\u3078<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">\u8868\u9762\u306e\u30a4\u30f3\u30d5\u30ec\u306f\u920d\u5316\u3001\u5185\u90e8\u306b\u306f\u7c98\u7740\u6027<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.bls.gov\/news.release\/ppi.nr0.htm\">\u7c73\u52b4\u50cd\u7d71\u8a08\u5c40<\/a>\u306b\u3088\u308b\u3068\u30017\u6708PPI\u306f\u524d\u6708\u6bd40.0%\u3001\u524d\u5e74\u6bd44.7%\u3067\u3057\u305f\u3002\u524d\u6708\u6bd4\u306f\u4e88\u60f3\u306e+0.2%\u3092\u4e0b\u56de\u308a\u3001\u524d\u5e74\u6bd4\u30826\u6708\u306e5.5%\u304b\u3089\u920d\u5316\u3057\u3066\u3044\u307e\u3059\u3002\u5e02\u5834\u304c\u7e54\u308a\u8fbc\u30809\u6708\u636e\u3048\u7f6e\u304d\u78ba\u7387\u306f67.6%\u3078\u4e0a\u6607\u3057\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e00\u898b\u3059\u308b\u3068\u3001\u91d1\u5229\u306b\u5f31\u3044\u8cc7\u7523\u5168\u4f53\u3078\u306e\u8ffd\u3044\u98a8\u3067\u3059\u3002\u5b9f\u969b\u3001S&amp;P 500\u306f0.65%\u9ad8\u306e7,798.99\u3001Nasdaq\u306f0.81%\u9ad8\u306e26,803.03\u3068\u306a\u308a\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u305f\u3060\u3057\u3001\u98df\u54c1\u30fb\u30a8\u30cd\u30eb\u30ae\u30fc\u30fb\u8cbf\u6613\u30b5\u30fc\u30d3\u30b9\u3092\u9664\u304f\u72ed\u7fa9\u306e\u30b3\u30a2\u6307\u6570\u306f\u524d\u6708\u6bd40.4%\u4e0a\u6607\u3057\u3066\u3044\u307e\u3059\u3002\u7dcf\u5408\u6307\u6570\u3092\u62bc\u3057\u4e0b\u3052\u305f\u30a8\u30cd\u30eb\u30ae\u30fc\u306f3.1%\u4f4e\u4e0b\u3057\u307e\u3057\u305f\u304c\u30017\u6708\u672b\u4ee5\u964d\u306e\u539f\u6cb9\u53cd\u767a\u306f\u5341\u5206\u306b\u53cd\u6620\u3055\u308c\u3066\u3044\u307e\u305b\u3093\u3002\u4eca\u56de\u306ePPI\u306f9\u6708\u5229\u4e0a\u3052\u3092\u6025\u3050\u7406\u7531\u3092\u5f31\u3081\u307e\u3057\u305f\u304c\u3001\u30a4\u30f3\u30d5\u30ec\u7d42\u4e86\u3092\u793a\u3057\u305f\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u682a\u4fa1\u6700\u9ad8\u5024\u3067\u3082\u9577\u671f\u8cc7\u91d1\u306f\u5b89\u304f\u306a\u3044<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u7c732\u5e74\u50b5\u5229\u56de\u308a\u306f4.14%\u300110\u5e74\u50b5\u306f4.64%\u524d\u5f8c\u3078\u4f4e\u4e0b\u3057\u307e\u3057\u305f\u3002\u4e00\u65b9\u300130\u5e74\u50b5\u5165\u672d\u306f5.216%\u30682001\u5e74\u4ee5\u6765\u306e\u9ad8\u5229\u56de\u308a\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u77ed\u671f\u91d1\u5229\u306fFRB\u306e\u898b\u901a\u3057\u306b\u53cd\u5fdc\u3057\u307e\u3059\u304c\u3001\u9577\u671f\u91d1\u5229\u306b\u306f\u56fd\u50b5\u4f9b\u7d66\u3084\u5c06\u6765\u306e\u30a4\u30f3\u30d5\u30ec\u3082\u53cd\u6620\u3055\u308c\u307e\u3059\u3002\u682a\u9ad8\u3067\u3082\u8cc7\u672c\u30b3\u30b9\u30c8\u306f\u306a\u304a\u9ad8\u6c34\u6e96\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u77ed\u671f\u306e\u5229\u4e0a\u3052\u56de\u907f\u306f\u30b0\u30ed\u30fc\u30b9\u682a\u3092\u652f\u3048\u307e\u3059\u304c\u3001\u9ad8\u3044\u9577\u671f\u91d1\u5229\u304c\u7d9a\u3051\u3070\u3001\u501f\u5165\u3068\u8a2d\u5099\u6295\u8cc7\u3092\u5fc5\u8981\u3068\u3059\u308bAI\u4f01\u696d\u306b\u306f\u91cd\u8377\u3067\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">AI\u9700\u8981\u306f\u30e2\u30c7\u30eb\u4f01\u696d\u304b\u3089\u88fd\u9020\u696d\u3078\u6ce2\u53ca<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">SMIC\u306f\u5229\u76ca\u304c3\u500d\u8d85\u306b<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.reuters.com\/world\/china\/smic-profit-more-than-triples-ai-driven-chip-demand-2026-08-13\/\">SMIC\u306e\u7b2c2\u56db\u534a\u671f\u5229\u76ca<\/a>\u306f4.792\u5104\u30c9\u30eb\u3068\u306a\u308a\u3001\u524d\u5e74\u306e3\u500d\u8d85\u3001\u30a2\u30ca\u30ea\u30b9\u30c8\u4e88\u60f32.534\u5104\u30c9\u30eb\u306e\u7d041.9\u500d\u3067\u3057\u305f\u3002\u58f2\u4e0a\u306f36%\u5897\u306e30\u5104\u30c9\u30eb\u8d85\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4eca\u56de\u306e\u6570\u5b57\u306f\u3001AI\u9700\u8981\u304c\u4e2d\u56fd\u306e\u534a\u5c0e\u4f53\u88fd\u9020\u5de5\u7a0b\u306b\u3082\u5c4a\u3044\u305f\u3053\u3068\u3092\u793a\u3057\u307e\u3059\u3002\u5229\u76ca\u306e\u4f38\u3073\u304c\u58f2\u4e0a\u3092\u4e0a\u56de\u308a\u3001\u7a3c\u50cd\u7387\u3084\u88fd\u54c1\u69cb\u6210\u304c\u53ce\u76ca\u3078\u5bc4\u4e0e\u3057\u305f\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Lenovo\u306f\u58f2\u4e0a\u5897\u3068\u6700\u7d42\u8d64\u5b57\u304c\u540c\u5c45<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.reuters.com\/world\/china\/chinas-lenovo-posts-43-jump-q1-revenue-2026-08-13\/\">Lenovo<\/a>\u306e\u58f2\u4e0a\u306f43%\u5897\u306e269.4\u5104\u30c9\u30eb\u3001AI\u95a2\u9023\u58f2\u4e0a\u306f60%\u5897\u306e93\u5104\u30c9\u30eb\u3067\u3057\u305f\u3002AI\u30b5\u30fc\u30d0\u30fc\u6848\u4ef6\u3082157%\u5897\u306e540\u5104\u30c9\u30eb\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3068\u3053\u308d\u304c\u3001\u6700\u7d42\u640d\u76ca\u306f6.09\u5104\u30c9\u30eb\u306e\u8d64\u5b57\u3067\u3057\u305f\u3002\u4e3b\u56e0\u306f\u30ef\u30e9\u30f3\u30c8\u518d\u8a55\u4fa1\u306b\u3088\u308b17\u5104\u30c9\u30eb\u306e\u975e\u73fe\u91d1\u640d\u5931\u3067\u3059\u304c\u3001\u682a\u4e3b\u306b\u3068\u3063\u3066\u300cAI\u58f2\u4e0a\u304c\u4f38\u3073\u305f\u300d\u3068\u300c\u5229\u76ca\u304c\u6b8b\u3063\u305f\u300d\u306f\u5225\u3067\u3059\u3002\u3055\u3089\u306b\u30e1\u30e2\u30ea\u30fc\u4e0d\u8db3\u3067\u7af6\u5408\u5404\u793e\u306f\u88fd\u54c1\u4fa1\u683c\u309210\u301c30%\u5f15\u304d\u4e0a\u3052\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u540c\u65e5\u306e\u682a\u4fa1\u3082SanDisk\u304c13.7%\u3001Micron\u304c4.2%\u4e0a\u6607\u3059\u308b\u4e00\u65b9\u3001CoreWeave\u306f1.3%\u3001Cisco\u306f8.4%\u4e0b\u843d\u3057\u307e\u3057\u305f\u3002\u4f9b\u7d66\u4e0d\u8db3\u3092\u4fa1\u683c\u8ee2\u5ac1\u3067\u304d\u308b\u4f01\u696d\u3068\u3001\u8a2d\u5099\u6295\u8cc7\u3092\u5148\u306b\u80cc\u8ca0\u3046\u4f01\u696d\u306e\u9078\u5225\u304c\u9032\u3093\u3067\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u30c6\u30b6\u30fc\u306e\u5b8c\u5168\u76e3\u67fb\u3068BTC\u306e\u73fe\u7269\u4e0d\u8db3<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">\u9577\u5e74\u306e\u5f31\u70b9\u304c\u4e00\u3064\u5f8c\u9000<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/tether.io\/news\/tether-completes-the-largest-inaugural-financial-audit-in-history\/\">\u30c6\u30b6\u30fc\u306fKPMG\u306b\u3088\u308b\u5b8c\u5168\u306a\u8ca1\u52d9\u8af8\u8868\u76e3\u67fb<\/a>\u3092\u5b8c\u4e86\u3057\u3001\u7121\u9650\u5b9a\u9069\u6b63\u610f\u898b\u3092\u53d6\u5f97\u3057\u307e\u3057\u305f\u3002\u5f93\u6765\u306e\u56db\u534a\u671fattestation\u3088\u308a\u5bfe\u8c61\u306f\u5e83\u304f\u3001\u8cb8\u501f\u5bfe\u7167\u8868\u3001\u640d\u76ca\u8a08\u7b97\u66f8\u3001\u6301\u5206\u5909\u52d5\u3001\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u3001\u53d6\u5f15\u3001\u8a55\u4fa1\u3001\u76f8\u624b\u5148\u3001\u91d1\u5730\u91d1\u306e\u73fe\u7269\u78ba\u8a8d\u307e\u3067\u542b\u307e\u308c\u307e\u3059\u30022025\u5e74\u672b\u306e\u6e96\u5099\u8cc7\u7523\u8d85\u904e\u984d\u306f68.14\u5104\u30c9\u30eb\u3067\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u79c1\u306f\u3001BTC\u306e\u5c0f\u5e45\u306a\u5024\u52d5\u304d\u3088\u308a\u91cd\u8981\u306a\u6750\u6599\u3068\u8003\u3048\u307e\u3059\u3002USDT\u767a\u884c\u4f53\u306e\u5b8c\u5168\u76e3\u67fb\u306f\u3001\u5e02\u5834\u5168\u4f53\u306e\u4fe1\u7528\u30b3\u30b9\u30c8\u3092\u4e0b\u3052\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u304b\u3089\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u305f\u3060\u3057\u3001\u76e3\u67fb\u53d6\u5f97\u3068\u60c5\u5831\u516c\u958b\u306f\u540c\u3058\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u6b21\u306f\u8ca1\u52d9\u8af8\u8868\u3068\u6ce8\u8a18\u306e\u7d99\u7d9a\u516c\u958b\u30012026\u5e74\u4ee5\u964d\u306e\u76e3\u67fb\u3092\u78ba\u8a8d\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u5236\u5ea6\u6539\u5584\u306f\u4eca\u65e5\u306eBTC\u8cb7\u3044\u3067\u306f\u306a\u3044<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">BTC\u306f6.34\u4e07\u30c9\u30eb\u4ed8\u8fd1\u3067\u6a2a\u3070\u3044\u3067\u3059\u3002Funding\u306fBinance\u306e8\u6642\u9593\u5024\u3067+0.0078%\u3001OI\u306f466.6\u5104\u30c9\u30eb\u300124\u6642\u9593\u6e05\u7b97\u306f4,855\u4e07\u30c9\u30eb\u3067\u3057\u305f\u3002\u30ec\u30d0\u30ec\u30c3\u30b8\u304c\u6975\u7aef\u306b\u50be\u3044\u305f\u72b6\u614b\u3067\u3082\u3001\u5927\u898f\u6a21\u306b\u5d29\u308c\u305f\u72b6\u614b\u3067\u3082\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u73fe\u7269\u5074\u3067\u306f\u3001BTC ETF\u304c\u6700\u65b0\u78ba\u5b9a\u65e5\u306b6,110\u4e07\u30c9\u30eb\u6d41\u51fa\u3057\u307e\u3057\u305f\u3002\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u4f9b\u7d66\u306f7\u65e5\u30670.12%\u5897\u3048\u3066\u3044\u307e\u3059\u304c\u3001\u65e5\u6b21\u3067\u306f0.01%\u6e1b\u5c11\u3057\u3066\u3044\u307e\u3059\u3002PPI\u304c\u4e0b\u632f\u308c\u3066\u3082BTC\u304c\u4e0a\u304c\u3089\u306a\u304b\u3063\u305f\u7406\u7531\u306f\u3001\u58f2\u308a\u306e\u5f37\u3055\u3088\u308a\u8cb7\u3044\u624b\u306e\u4e0d\u8db3\u306b\u3042\u308b\u3068\u8003\u3048\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u30c6\u30b6\u30fc\u76e3\u67fb\u306f\u4e2d\u9577\u671f\u306e\u4fe1\u7528\u6750\u6599\u3067\u3059\u3002\u3057\u304b\u3057\u77ed\u671f\u4fa1\u683c\u3092\u62bc\u3057\u4e0a\u3052\u308b\u306b\u306f\u3001ETF\u6d41\u5165\u3001\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u4f9b\u7d66\u306e\u7d99\u7d9a\u5897\u52a0\u3001Coinbase Premium\u306e\u6539\u5584\u304c\u5fc5\u8981\u3067\u3059\u3002\u5236\u5ea6\u306e\u524d\u9032\u3068\u4eca\u65e5\u306e\u73fe\u7269\u9700\u8981\u3092\u6df7\u305c\u306a\u3044\u65b9\u304c\u3001\u5e02\u5834\u306e\u53cd\u5fdc\u3092\u6b63\u78ba\u306b\u8aad\u3081\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u5186\u4ecb\u5165\u5f8c\u306e\u6b21\u306e\u7126\u70b9\u306f\u65e5\u9280\u306e\u65b9\u91dd<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u65e5\u7c73\u97d3\u306e\u5354\u8abf\u4ecb\u5165\u306b\u3088\u3063\u3066\u5186\u306f\u7d045%\u4e0a\u6607\u3057\u307e\u3057\u305f\u304c\u3001\u305d\u306e\u5f8c\u306f\u518d\u30731\u30c9\u30eb159\u5186\u53f0\u3078\u4e0b\u843d\u3057\u307e\u3057\u305f\u3002\u5e02\u5834\u304c\u7e54\u308a\u8fbc\u30809\u6708\u306e\u65e5\u9280\u5229\u4e0a\u3052\u78ba\u7387\u306f\u30017\u670830\u65e5\u306e24%\u304b\u308976%\u3078\u4e0a\u6607\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u65e5\u672c\u306e\u5378\u58f2\u7269\u4fa1\u306f\u524d\u5e74\u6bd47.2%\u3001\u5186\u5efa\u3066\u8f38\u5165\u7269\u4fa1\u306f29.1%\u4e0a\u6607\u3057\u307e\u3057\u305f\u3002\u91d1\u5229\u5dee\u3060\u3051\u3067\u5186\u306e\u5168\u3066\u306f\u8aac\u660e\u3067\u304d\u307e\u305b\u3093\u304c\u3001\u4ecb\u5165\u3060\u3051\u3067\u6301\u7d9a\u7684\u306a\u5186\u8cb7\u3044\u9700\u8981\u3092\u4f5c\u308b\u306e\u3082\u56f0\u96e3\u3067\u3059\u3002\u4ecb\u5165\u306f\u653f\u7b56\u5bfe\u5fdc\u307e\u3067\u306e\u6642\u9593\u3092\u8cb7\u3063\u305f\u3068\u8003\u3048\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u5e02\u5834\u306f\u3059\u3067\u306b\u5229\u4e0a\u3052\u3092\u5927\u304d\u304f\u7e54\u308a\u8fbc\u307f\u307e\u3057\u305f\u3002\u65e5\u9280\u304c\u636e\u3048\u7f6e\u3051\u3070\u5931\u671b\u304b\u3089\u5186\u5b89\u304c\u518d\u958b\u3057\u3001\u5229\u4e0a\u3052\u3059\u308c\u3070\u5186\u30ad\u30e3\u30ea\u30fc\u53d6\u5f15\u306e\u5dfb\u304d\u623b\u3057\u304c\u9032\u3080\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002\u5f8c\u8005\u3067\u306f\u3001\u5186\u3060\u3051\u3067\u306a\u304fBTC\u3084\u7c73\u56fd\u682a\u304b\u3089\u30ec\u30d0\u30ec\u30c3\u30b8\u8cc7\u91d1\u304c\u5f15\u304d\u63da\u3052\u3089\u308c\u308b\u7d4c\u8def\u3082\u610f\u8b58\u3057\u3066\u304a\u304d\u305f\u3044\u3068\u3053\u308d\u3067\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u6628\u65e5\u307e\u3067\u3068\u306e\u5dee\u5206<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u6628\u65e5\u306fCPI\u920d\u5316\u3067\u3082BTC\u304c\u6a2a\u3070\u3044\u3068\u3044\u3046\u53cd\u5fdc\u5dee\u304c\u4e2d\u5fc3\u3067\u3057\u305f\u3002\u4eca\u65e5\u306fPPI\u30820.0%\u3068\u306a\u308a\u3001S&amp;P 500\u306f\u6700\u9ad8\u5024\u3092\u66f4\u65b0\u3002\u305d\u308c\u3067\u3082BTC\u304c\u4e0a\u304c\u3089\u305a\u3001ETF\u306e6,110\u4e07\u30c9\u30eb\u6d41\u51fa\u304b\u3089\u73fe\u7269\u8cb7\u3044\u4e0d\u8db3\u3068\u3044\u3046\u89e3\u91c8\u304c\u5f37\u307e\u308a\u307e\u3057\u305f\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">AI\u3067\u306f\u3001\u6628\u65e5\u307e\u3067\u306e\u30af\u30e9\u30a6\u30c9\u4f01\u696d\u306b\u3088\u308b\u5de8\u984d\u5951\u7d04\u304b\u3089\u3001SMIC\u306e\u88fd\u9020\u5229\u76ca\u3068Lenovo\u306e\u30b5\u30fc\u30d0\u30fc\u6848\u4ef6\u3078\u7126\u70b9\u304c\u79fb\u308a\u307e\u3057\u305f\u3002\u9700\u8981\u306e\u5b58\u5728\u3060\u3051\u3067\u306a\u304f\u3001\u3069\u306e\u5de5\u7a0b\u304c\u5229\u76ca\u3092\u6b8b\u305b\u308b\u304b\u3092\u6bd4\u8f03\u3067\u304d\u308b\u6bb5\u968e\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u6697\u53f7\u8cc7\u7523\u3067\u306f\u3001\u30c6\u30b6\u30fc\u306e\u5b8c\u5168\u76e3\u67fb\u3068\u3044\u3046\u65b0\u3057\u3044\u4fe1\u7528\u6750\u6599\u304c\u52a0\u308f\u308a\u307e\u3057\u305f\u3002\u3053\u308c\u306f\u4fa1\u683c\u53cd\u767a\u306e\u76f4\u63a5\u6750\u6599\u3068\u3044\u3046\u3088\u308a\u3001\u5e02\u5834\u30a4\u30f3\u30d5\u30e9\u306e\u9577\u5e74\u306e\u5f31\u70b9\u304c\u4e00\u3064\u5f8c\u9000\u3057\u305f\u5909\u5316\u3067\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">\u4fa1\u683c\u4e88\u60f3<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">\u5f37\u6c17\u30b7\u30ca\u30ea\u30aa<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">BTC\u304c64,300\u30c9\u30eb\u3092\u7a81\u7834\u3057\u3001ETF\u304c\u6d41\u5165\u3078\u8ee2\u3058\u3001\u30b9\u30c6\u30fc\u30d6\u30eb\u30b3\u30a4\u30f3\u4f9b\u7d66\u3082\u5897\u52a0\u3092\u7d9a\u3051\u308b\u5834\u5408\u3067\u3059\u3002BTC\u306f65,500\u301c67,000\u30c9\u30eb\u3001ETH\u306f1,980\u301c2,050\u30c9\u30eb\u3092\u60f3\u5b9a\u3057\u307e\u3059\u3002\u7c7310\u5e74\u50b5\u304c4.60%\u3092\u5272\u308c\u3070\u3001Nasdaq\u306f27,000\u301c27,400\u3092\u8a66\u3059\u4f59\u5730\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u30e1\u30a4\u30f3\u30b7\u30ca\u30ea\u30aa<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u7c7310\u5e74\u50b5\u304c4.60\u301c4.75%\u306b\u6b8b\u308a\u3001ETF\u30d5\u30ed\u30fc\u304c\u5c0f\u5e45\u306a\u6d41\u51fa\u5165\u3092\u7e70\u308a\u8fd4\u3059\u5834\u5408\u3067\u3059\u3002BTC\u306f62,500\u301c64,500\u30c9\u30eb\u3001ETH\u306f1,820\u301c1,930\u30c9\u30eb\u306e\u6301\u3061\u5408\u3044\u3092\u60f3\u5b9a\u3057\u307e\u3059\u3002S&amp;P 500\u306f7,680\u301c7,900\u3001\u30c9\u30eb\u5186\u306f158\u301c160\u5186\u304c\u4e2d\u5fc3\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">\u5f31\u6c17\u30b7\u30ca\u30ea\u30aa<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">BTC\u304c62,500\u30c9\u30eb\u3092\u5272\u308a\u3001\u7c7310\u5e74\u50b5\u304c4.80%\u3092\u8d85\u3048\u308b\u304b\u3001\u65e5\u9280\u5229\u4e0a\u3052\u89b3\u6e2c\u306b\u3088\u308b\u30ad\u30e3\u30ea\u30fc\u89e3\u6d88\u304c\u5f37\u307e\u308b\u5834\u5408\u3067\u3059\u3002BTC\u306f60,500\u301c61,800\u30c9\u30eb\u3001ETH\u306f1,700\u301c1,760\u30c9\u30eb\u3092\u60f3\u5b9a\u3057\u307e\u3059\u3002VIX\u4e0a\u6607\u3092\u4f34\u3048\u3070\u3001S&amp;P 500\u306f7,500\u301c7,650\u307e\u3067\u8abf\u6574\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Take-home message<\/h2>\n\n\n\n<ul 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