比特幣（BTC）和加密貨幣價格急劇下降，沿股票市場

在股票市場之後，比特幣和加密價格急劇下降，因為擔心比特幣價格可能會席捲大規模崩潰。

Crypto prices have moved sharply lower, following stock markets, as fears swirl the bitcoin price could be teetering on the verge of a major crash.

在股票市場之後，加密價格急劇下降，因為擔心比特幣價格可能會遇到重大崩潰的邊緣。

Now, as Elon Musk issues a surprise crypto price warning, the chief executive of the world’s largest asset manager has warned Donald Trump’s trade policies will stoke inflation.

現在，隨著埃隆·馬斯克（Elon Musk）發出驚喜加密價格警告，全球最大資產經理的首席執行官警告說，唐納德·特朗普（Donald Trump）的貿易政策將使通貨膨脹發生。

What’s Happening

發生了什麼

Elon Musk said on Wednesday he’s been running his companies “with great difficulty” amid a challenging macroeconomic environment, adding that he’s personally not concerned about a potential U.S. recession.

埃隆·馬斯克（Elon Musk）週三表示，在一個充滿挑戰的宏觀經濟環境中，他一直在經營自己的公司，並補充說，他個人並不關心潛在的美國衰退。

“I’m personally not worried about a recession. I think the broader macroeconomic environment has been quite difficult, and I’m running several companies with great difficulty in this environment,” Musk said at the CERAWeek energy conference, when asked about his outlook for the U.S. economy.

“我個人並不擔心經濟衰退。我認為更廣泛的宏觀經濟環境非常困難，在這種環境下，我經營著幾家公司，”馬斯克在塞維克能源會議上說，當被問及他對美國經濟的看法時。

The billionaire tech chief’s comments come as the market remains focused on the outlook for interest rates and the U.S. economy amid a turbulent few months for markets.

億萬富翁技術負責人的評論始於市場，因為市場在市場上的幾個月中，市場仍然專注於利率的前景和美國經濟。

The bitcoin price, ether price and other major cryptocurrencies have dropped sharply since the start of the year, wiping out nearly $1 trillion of value from the market in just a month. The world’s largest cryptocurrency is now down around 50% from its record highs hit in November.

自今年年初以來，比特幣價格，以太價格和其他主要加密貨幣已經急劇下降，僅在一個月內就從市場上獲得了近1萬億美元的價值。現在，世界上最大的加密貨幣比11月的記錄高點下降了約50％。

The crypto market downturn has been driven largely by macroeconomic concerns, including fears of a U.S. recession and persistent inflation, according to Sean Dawson, head of research at decentralized options trading platform Derive.xyz.

根據宏觀經濟的擔憂，包括對美國衰退和持續通貨膨脹的擔心，加密市場的低迷主要是由宏觀經濟問題所驅動的。

“This market downturn is largely driven by broader economic concerns, including fears of a U.S. recession and persistent inflation,” Dawson said in emailed comments on Wednesday.

道森在周三的電子郵件評論中說：“這個市場的低迷主要是由於更廣泛的經濟問題所驅動，包括對美國衰退和持續通貨膨脹的擔憂。”

“The market is facing significant challenges as the macroeconomic environment deteriorates, and crypto assets are no exception. With bearish sentiment building, traders are turning to downside hedging strategies, especially as volatility surges across both traditional and crypto markets. The coming weeks will be critical for assessing how the broader economic situation impacts digital asset prices and trading behavior.”

“隨著宏觀經濟環境惡化，市場面臨重大挑戰，加密資產也不例外。隨著看跌情緒的建設，貿易商正在轉向下行對沖策略，尤其是在傳統和加密市場的波動激增時。接下來的幾週對於評估更廣泛的經濟狀況如何影響數字資產價格和交易行為至關重要。”

The market will be closely watching the latest U.S. inflation data in the form of the consumer price index (CPI), which is expected to show consumer prices ticked up in February.

該市場將以消費者價格指數（CPI）的形式密切關注美國最新通貨膨脹數據，該數據預計將顯示2月份的消費者價格上漲。

According to economists polled by Bloomberg, CPI is forecast to rise 0.2% for February, following no change in January. Economists surveyed by Dow Jones are expecting a 0.3% increase in the CPI and a 0.2% gain in core CPI.

根據彭博社進行了調查的經濟學家的說法，CPI預計在1月沒有變化後，CPI將於2月增長0.2％。道瓊斯調查的經濟學家預計CPI會增加0.3％，核心CPI增長0.2％。

A hotter-than-expected reading on inflation could put pressure on the Federal Reserve to keep interest rates higher for longer, potentially impacting the bitcoin price and other cryptocurrencies.

關於通貨膨脹的預期，人們對美聯儲更長的稅率造成了更高的壓力，可能會影響比特幣價格和其他加密貨幣。

Top Takeaways

最高點

The bitcoin price and ether price have dropped sharply this week, following U.S. stock markets lower as fears mounted over a potential U.S. recession.

隨著美國股票市場對美國的衰退的擔憂，比特幣價格和以太價格在本週急劇下降。

Elon Musk, the billionaire chief executive of electric carmaker Tesla (NASDAQ:TSLA), said on Wednesday he’s personally not concerned about a recession.

電氣汽車製造商特斯拉（NASDAQ：TSLA）的億萬富翁首席執行官埃隆·馬斯克（Elon Musk）週三表示，他個人並不擔心衰退。

“I’m personally not worried about a recession. I think the broader macroeconomic environment has been quite difficult, and I’m running several companies with great difficulty in this environment,” Musk said at the CERAWeek energy conference.

“我個人並不擔心經濟衰退。我認為更廣泛的宏觀經濟環境非常困難，在這種環境中，我經營著幾家公司，”馬斯克在Ceraweek Energy會議上說。

The tech chief’s comments come as the market remains focused on the outlook for interest rates and the U.S. economy amid a turbulent few months for markets.

技術負責人的評論是因為市場始終關注利率的前景和美國經濟的前景，而在市場上為市場動盪不安。

Bitcoin and crypto prices have dropped sharply since the start of the year, erasing nearly $1 trillion of value from the market in just a month and sparking fears the bitcoin price could soon crash.

自今年年初以來，比特幣和加密貨幣價格急劇下跌，僅在一個月內從市場上刪除了近1萬億美元的價值，並引發了擔心比特幣價格很快可能會崩潰的。

Meanwhile, Goldman Sachs economists upped their odds of a recession over the next 12 months from 15% to 20%, attributing the gloomy outlook to Trump’s economic policies, which they said posed the “key risk.” Yardeni Research economists also raised their recession odds, upping them from 20% to 35% due to "Trump 2.0’s head-spinning barrage of executives orders, firings, and tariffs."

同時，高盛的經濟學家在接下來的12個月中的衰退機率從15％到20％，將令人沮喪的看法歸功於特朗普的經濟政策，他們說這構成了“關鍵風險”。 Yardeni研究經濟學家還增加了衰退賠率，由於“高管命令，射擊和關稅的特朗普2.0的頭部旋轉障礙”，他們將他們從20％提高到35％。

Last week, Federal Reserve chair Jerome Powell said the Fed is in no rush to cut rates, with the labor market still strong and inflation on a bumpy path toward its 2% goal.

上週，美聯儲主席杰羅姆·鮑威爾（Jerome Powell）表示，美聯儲不急於降低利率，勞動力市場仍然強勁，通貨膨脹率朝著其2％的目標顛簸。

The CME FedWatch Tool shows the market is heavily betting the Fed will leave rates on hold at its March meeting next week but is split over whether rates will be cut in May.

CME FedWatch工具顯示，在下週3月的會議上，美聯儲的市場正在大量押注，但由於是否將在5月降低利率。

Bitcoin, ether and other major cryptocurrencies have dropped sharply this year, wiping out nearly $1 trillion of value from the market in just a month and sparking fears the bitcoin price could soon crash.

今年，比特幣，以太和其他主要加密貨幣已經急劇下降，在短短一個月內從市場上掏出了近1萬億美元的價值，並引發了擔心比特幣價格很快可能會崩潰的。

The world’s largest cryptocurrency is now down around 50% from its record highs hit in November, with the bitcoin price falling below the $70,000 level this week.

現在，全球最大的加密貨幣比11月的創紀錄高點下降了約50％，比特幣的價格低於本週70,000美元的水平。

The crypto market downturn has been driven largely by macroeconomic concerns, including fears of a U.S. recession and persistent inflation, according to Sean Dawson, head of research at decentralized

分散的研究負責人肖恩·道森（Sean Dawson）說，加密市場的低迷主要是由於宏觀經濟的擔憂，包括對美國衰退和持續通貨膨脹的擔憂。