自從特朗普總統的關稅公告以來，比特幣（BTC）下降了5％以上

自從特朗普總統週三晚上宣布宣布市場以來，比特幣（BTC）下跌了5％以上

Bitcoin (BTC) price has now fallen by more than 5% since Wednesday evening, continuing the recent downturn in the market.

自周三晚上以來，比特幣（BTC）的價格現在已經下跌了5％以上，持續了最近的市場下跌。

The world’s leading cryptocurrency is currently trading at around $78,000, having hit lows of $75,000 earlier in the week.

全球領先的加密貨幣目前的交易價格約為78,000美元，在本週早些時候達到了75,000美元的低點。

The latest drop in bitcoin’s price comes as President Trump announced new tariffs on Wednesday evening, sending markets plunging.

最新的比特幣價格下跌是因為特朗普總統在周三晚上宣布新的關稅，這使市場下跌。

The Nasdaq and S&P 500 have each tumbled to new 2023 lows, while bitcoin for the moment is holding well above its year-to-date bottom of $75,000 — what technicians like to call “higher lows.”

納斯達克和標準普爾500標準普爾500分別跌入了2023個新的低點，而暫時的比特幣則遠高於其年僅75,000美元的底部，這是技術人員喜歡稱為“更高低點”的。

“This moment feels like a turning point,” said Joel Kruger, LMAX Group market strategist. “We see market participants increasingly drawn to [bitcoin’s] appeal as a store-of-value asset and a compelling diversification tool amid the uncertainty.”

LMAX集團市場策略師Joel Kruger說：“這一刻感覺就像一個轉折點。” “我們認為，在不確定性的情況下，市場參與者越來越吸引[比特幣]吸引人的吸引力和令人信服的多元化工具。”

However, Javier Rodriguez Alarcon, chief commercial officer at crypto exchange XBTO, believes that bitcoin is still closely correlated with risk assets.

但是，Crypto Exchange XBTO首席商務官Javier Rodriguez Alarcon認為，比特幣仍然與風險資產密切相關。

“Despite talk that bitcoin could act as a hedge against dollar-centric volatility, in practice we’re still seeing a strong correlation between digital assets and broader risk markets in moments of uncertainty,” the ex-Goldman Sachs executive said in an email.

前薩克斯（Sachs）主管在一封電子郵件中說：“儘管說比特幣可以作為以美元為中心的波動性的對沖，但實際上，在不確定性的時刻，我們仍然看到數字資產與更廣泛的風險市場之間存在很強的相關性。”

Earlier this week, JPMorgan economists questioned the bitcoin narrative, noting that the cryptocurrency’s volatility and correlation with equities raises questions over its ‘digital gold’ narrative.

本週早些時候，摩根大通的經濟學家質疑比特幣的敘述，並指出加密貨幣的波動性和與股票的相關性引發了對其“數字黃金”敘述的疑問。

"We see gold continuing to rise as the major beneficiary of the debasement trade," said Nikolaos Panigirtzoglou and team at JPMorgan yesterday.

Nikolaos Panigirtzoglou和摩根大通（JPMorgan）的團隊說：“我們認為黃金繼續成為貶低貿易的主要受益者。”

Even with bitcoin’s recent pullback, the price is still above the bank’s estimated average cost of production of $62,000, a metric which has acted as a lower boundary in the past, wrote Panigirtzoglou.

Panigirtzoglou寫道，即使是比特幣最近的回調，價格仍然高於該銀行估計的平均生產成本62,000美元，這是過去作為下邊界的公制。

Gold today is lower by just 1.25% to $3,126 per ounce and within close sight of its record high of around $3,200.

如今的黃金僅在每盎司的1.25％，至3,126美元，而其創紀錄的高點約為3,200美元。