大摩：实际收益率飙升未压垮金价，维持5000美元目标价

【大摩：实际收益率飙升未压垮金价，维持5000美元目标价】金色财经报道，摩根士丹利研报指出，金价自8月高点仅下跌10%，仍略高于4000美元/盎司；若按2026年3月至7月的实际收益率关系推算，金价应低于3000美元/盎司，较现价低28%。该行认为，上述缺口来自央行购买与ETF流入等结构性需求：第二季度央行购买年化达1155吨，第三季度全球黄金ETF流入310亿美元，创纪录。大摩称，黄金对股票的对冲功能自2020年失效，但在债券最差抛售周仍有缓冲，因此维持黄金为金属首选，目标价5000美元/盎司，对应2027年第二季度。风险为美联储进一步收紧、美元走强及央行售金。(2026-10-28 15:35:57)

排名	#	交易平台	24H成交额	成交涨跌幅	活跃度
1	OKX 欧易OKX	$187.99亿	-11.25%	86.7%	86.7%
2	HTX 火币huobi	$26.55亿	0.44%	68.6%	68.6%
3	Binance 币安网	$398.30亿	-8.19%	85.4%	85.4%
4	Coinbase Coinbase	$9.33亿	-15.54%	69.3%	69.3%
5	Bybit Bybit	$112.08亿	-6.86%	65.3%	65.3%
6	Crypto.com Crypto.com	$12.38亿	-8.16%	53.3%	53.3%
7	Bitfinex Bitfinex	$2.00亿	19.19%	65.3%	65.3%
8	Kraken K网(Kraken)	$7.29亿	-8.72%	68.4%	68.4%
9	Upbit Upbit	$2.80亿	-20.9%	56.9%	56.9%
10	Bitget Bitget	$73.17亿	0.5%	71.1%	71.1%
11	Deribit Deribit	$4.43亿	5.38%	36.2%	36.2%
12	Gemini 双子星（Gemini）	$2,974.41万	-18.63%	59.5%	59.5%
13	BiKing 币王	$216.95亿	-0.43%	31%	31%
14	MEXC MEXC	$110.68亿	1.31%	76.2%	76.2%
15	Bithumb Bithumb	$1.41亿	-9.26%	66.9%	66.9%
16	gate.io 大门	$107.78亿	-12.5%	55.2%	55.2%
17	BitTap 币泰	$11.53亿	-6.58%	26%	26%
18	Hyperliquid Hyperliquid	$16.40亿	27.12%	46.9%	46.9%
19	Uniswap v3 (Base) Uniswap v3 (Base)	$1.12亿	-10.49%	31.5%	31.5%
20	bitFlyer bitFlyer	$1,693.49万	-20.53%	58.2%	58.2%

排名	#	币种	最新价	24H最高	24H最低	24H量	流通市值	24H涨跌幅
1	BTC 比特币	$ 81645.2	$8.18万	$7.95万	$4.86亿	$1.63兆	2.33%	2.33%
2	ETH 以太坊	$ 2378.75	$2,388.00	$2,297.73	$1.81亿	$2,871.00亿	2.9%	2.9%
3	XRP 瑞波币	$ 1.3348	$1.34	$1.29	$3,543.70万	$813.12亿	2.61%	2.61%
4	BNB 币安币	$ 751.4	$754.20	$734.00	$966.62万	$1,024.61亿	2.05%	2.05%
5	USDC USD Coin	$ 1.00109	$1.00	$1.00	$4,764.00万	$707.92亿	-0.02%	-0.02%
6	SOL Solana	$ 103.18	$103.68	$99.17	$7,027.41万	$584.56亿	3.36%	3.36%
7	TRX 波场	$ 0.3315	$0.33	$0.33	$335.61万	$313.99亿	1.19%	1.19%
8	DOGE 狗狗币	$ 0.08034	$0.08	$0.08	$1,961.60万	$135.15亿	4%	4%
9	BCH 比特现金	$ 297.77	$300.00	$279.63	$729.73万	$59.49亿	5.77%	5.77%
10	HYPE Hyperliquid	$ 81.61	$82.12	$77.16	$2,145.70万	$276.94亿	4.78%	4.78%
11	ADA 艾达币	$ 0.20779	$0.21	$0.20	$321.40万	$74.70亿	1.92%	1.92%
12	WBTC Wrapped Bitcoin	$ 81514.9	$8.15万	$7.98万	$6,415.80	$105.08亿	2.04%	2.04%
13	LEO UNUS SED LEO	$ 9.278	$9.28	$9.00	$430.91	$85.51亿	3%	3%
14	LINK ChainLink	$ 11.826	$11.89	$11.23	$892.74万	$80.19亿	4.32%	4.32%
15	XLM 恒星币	$ 0.1723	$0.17	$0.17	$80.41万	$55.85亿	2.75%	2.75%
16	LTC 莱特币	$ 57.82	$58.01	$55.73	$373.61万	$44.36亿	2.42%	2.42%
17	HBAR Hedera Hashgraph	$ 0.07664	$0.08	$0.08	$153.60万	$32.80亿	0.23%	0.23%
18	ZEC 大零币	$ 1316.19	$1,331.42	$1,235.35	$3,025.00万	$216.86亿	6.29%	6.29%
19	AVAX Avalanche	$ 9.037	$9.09	$8.69	$157.52万	$38.88亿	2.96%	2.96%
20	SHIB Shiba Inu	$ 0.000004986	$0.00	$0.00	$23.17万	$29.38亿	3.2%	3.2%
21	SUI Sui	$ 0.942	$0.95	$0.90	$791.28万	$35.72亿	3.68%	3.68%
22	CRO Cronos	$ 0.05401	$0.05	$0.05	$41.65万	$20.85亿	2.15%	2.15%
23	WLFI worldlibertyfinancial-education	$ 0.05264	$0.05	$0.05	$34.93万	$14.07亿	0.28%	0.28%
24	UNI Uniswap	$ 7.196	$7.27	$6.95	$511.70万	$45.71亿	2.41%	2.41%
25	DOT 波卡币	$ 1.0104	$1.02	$0.98	$213.62万	$16.70亿	1.6%	1.6%
26	MNT Mantle	$ 0.5323	$0.54	$0.51	$23.03万	$17.32亿	3.03%	3.03%
27	PAXG PAX Gold	$ 4053.78	$4,076.09	$4,005.21	$19.51万	$15.44亿	1.19%	1.19%
28	ASTER Aster	$ 0.7147	$0.72	$0.71	$198.88万	$17.84亿	0.3%	0.3%
29	AAVE Aave	$ 135.83	$136.85	$129.53	$920.76万	$20.80亿	3.7%	3.7%
30	HTX HTX	$ 0.0000016003	$0.00	$0.00	$746.72	$16.00亿	-0.55%	-0.55%
31	TAO Bittensor	$ 257.94	$259.68	$245.75	$134.42万	$27.26亿	3.88%	3.88%
32	OKB OK币	$ 110.67	$110.79	$107.55	$55.34万	$23.24亿	2.35%	2.35%
33	PEPE Pepe	$ 0.000004957	$0.00	$0.00	$1,659.04万	$20.85亿	15.87%	15.87%
34	ETC 以太经典	$ 7.686	$7.73	$7.47	$55.26万	$11.92亿	2.13%	2.13%
35	NEAR NEAR Protocol	$ 4.755	$4.80	$4.39	$2,555.40万	$61.08亿	6.75%	6.75%
36	ICP Internet Computer(Dfinity)	$ 2.61	$2.63	$2.55	$26.69万	$14.26亿	0.73%	0.73%
37	PI Pi Network	$ 0.07639	$0.08	$0.08	$29.38万	$6.40亿	0.61%	0.61%
38	WLD Worldcoin	$ 0.4394	$0.44	$0.43	$1,087.91万	$11.89亿	1.03%	1.03%
39	ATOM 阿童木	$ 1.643	$1.66	$1.61	$7.79万	$8.00亿	0.73%	0.73%
40	FDUSD First Digital USD	$ 0.9984	$1.00	$1.00	$517.60万	$9.82亿	0.03%	0.03%
41	ENA Ethena	$ 0.20909	$0.22	$0.20	$925.31万	$16.64亿	1.8%	1.8%
42	USDD USDD	$ 0.9971	$1.00	$0.95	$124.84万	$8.53亿	0.1%	0.1%
43	KAS Kaspa	$ 0.03592	$0.04	$0.03	$46.25万	$9.73亿	3.75%	3.75%
44	QNT Quant	$ 198.38	$208.21	$196.75	$155.36万	$23.95亿	-4.66%	-4.66%
45	ALGO Algorand	$ 0.10375	$0.10	$0.10	$7.45万	$9.17亿	0.39%	0.39%
46	FLR Flare	$ 0.006165	$0.01	$0.01	$5.02万	$5.10亿	2.05%	2.05%
47	XDC XDC Network	$ 0.03424	$0.04	$0.03	$44.88万	$6.53亿	1.54%	1.54%
48	APT Aptos	$ 0.6956	$0.70	$0.67	$43.71万	$5.23亿	1.57%	1.57%

大摩：实际收益率飙升未压垮金价，维持5000美元目标价

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