隨著通貨膨脹數據的降低，比特幣（BTC）短暫下降到$ 95K以下

超過期待的通貨膨脹數據鋸比特幣（BTCUSD）短暫降至95,000美元以下，因為投資者希望美聯儲在3月的會議上削減的利率進一步降低。

Bitcoin price dropped below $95,000 briefly on Wednesday after hotter-than-expected inflation data dashed hopes of a rate cut by the Federal Reserve at its March meeting.

比特幣的價格在周三短暫下跌了95,000美元，此前的通貨膨脹數據比預期的，美聯儲在3月的會議上削減的稅率降低了希望。

The world's largest cryptocurrency by market cap later recovered to trade at around $96,000 as of early afternoon Wednesday. Bitcoin-related stocks followed that pattern, with Marathon Digital (MARA), Coinbase (COIN) and MicroStrategy (MSTR) also showing gains.

截至週三午後，全球最大的加密貨幣後來以96,000美元的價格恢復了約96,000美元的貿易。與比特幣相關的股票遵循了這種模式，馬拉松數字（MARA），Coinbase（Coin）和MicroStrategy（MSTR）也顯示出收益。

But the latest inflation reading, coupled with uncertainty around tariffs that could stoke inflation further, bodes poorly for bitcoin as an investment, analysts said. Higher rates would imply greater yields on Treasuries, making them more attractive compared to assets like bitcoin from both a return and a riskiness perspective.

但是，最新的通貨膨脹閱讀，再加上可能進一步促進通貨膨脹的關稅的不確定性，比特幣作為一項投資的不良體現。與比特幣這樣的資產，從回報和風險的角度來看，比特幣等資產較高，這意味著國庫的收益率更高，這使得它們更具吸引力。

What Happened To Bitcoin In 2025?

比特幣在2025年發生了什麼？

Bitcoin hit a record high of over $109,000 less than a month ago on January 20th, ahead of the inauguration of U.S. President Trump. Trump was largely expected to herald a friendlier regulatory landscape, and has already issued several executive orders pertaining to digital assets. But that optimism hasn't panned out for investors, with bitcoin's price remaining volatile since then.

比一個月前，比特幣在美國總統特朗普就職之前，比一個月前達到了109,000美元以上。特朗普很大程度上預計將預示著更友好的監管景觀，並且已經發布了與數字資產有關的幾項行政命令。但是，這種樂觀並沒有為投資者帶來，從那以後，比特幣的價格持續下降。

Some market observers, like BlackRock's head of digital assets, have suggested that bitcoin could be viewed as a risk-off asset, performing well during times of uncertainty, as opposed to a risk-on asset like stocks or high-yield bonds, which gain during periods of positive market sentiment.

一些市場觀察家，例如貝萊德（BlackRock）的數字資產負責人，都建議將比特幣視為一種風險資產，在不確定性期間表現良好，而不是股票或高收益債券（例如股票或高收益債券）在積極的市場情緒期間。

However, that thesis has been called into question in recent months, with the cryptocurrency often moving in conjunction with risk-on assets like traditional equities, which also fell following today's inflation reading.

但是，近幾個月來，該論文受到了質疑，加密貨幣經常與傳統股票（如傳統股票）這樣的風險資產結合使用，這些資產在當今的通貨膨脹閱讀之後也下降了。

Despite the recent price decline, inflows into spot bitcoin exchange-traded funds (ETFs) have been positive every week so far in 2025, according to Farside Investors. However, the spot bitcoin ETFs have seen a combined $243 million in outflows so far this week.

據Farside Investors稱，儘管最近的價格下跌，但據Farside Investors稱，迄今為止，迄今為止，流入現貨比特幣交易所交易基金（ETF）的流入率是積極的。但是，本周到目前為止，現貨比特幣ETF總共有2.43億美元的外流。