比特幣（BTC）週一反映了上週的攀升至87,000美元

這次的攀登是由唐納德·特朗普（Donald Trump）總統即將到來的關稅的報導，這為新高高奠定了基礎，這是由樂觀的驅動。

Bitcoin (BTC) price mirrored last week’s climb to $87,000 on Monday, but this time, the push was fueled by optimism following reports that President Donald Trump’s forthcoming tariffs, set to be announced on April 2, may be more targeted and less restrictive than initially anticipated.

比特幣（BTC）的價格反映了上週的攀升至週一的87,000美元，但是這次，在報導稱唐納德·特朗普（Donald Trump）即將在4月2日宣布的關稅的報導之後，這次推動了推動力，這可能是針對性和限制性的，比最初預期的要少。

As Bitcoin approached the $90,000 mark, BitMEX co-founder Arthur Hayes predicted that BTC could surpass its all-time high without first retesting the $76,500 support level.

隨著比特幣接近$ 90,000的分數，Bitmex聯合創始人Arthur Hayes預測，BTC可以超過其歷史最高高，而無需首先重新測試$ 76,500的支持水平。

The more palpable bullish vibe at the start of the week has also been reflected in a new token presale that has seen more substantial funds channeled into its fundraising campaign to reach a total funding of $4 million. BTC Bull Token ($BTCBULL), the first project that rewards its holders with Bitcoin airdrops, is aiming for even greater heights with its next presale stage.

本週開始時更明顯的看漲氛圍也反映在新的代幣預售中，該預售已經使更多的資金投入到其籌款活動中，以達到400萬美元的總資金。 BTC Bull Token（$ btcbull）是第一個用比特幣Airdrops獎勵其持有人的項目，其目標是在下一個預售階段更高的高度。

If Bitcoin continues its upward trajectory and breaks key price targets, $BTCBULL holders stand to receive Bitcoin payouts, effectively giving them a passive income stream similar to owning crypto mining operations.

如果比特幣繼續向上軌跡並破壞了關鍵價格目標，則$ btcbull持有人將獲得比特幣支出，有效地為他們提供了類似於擁有加密貨幣採礦業務的被動收入流。

For those looking to secure a position in this project, $BTCBULL is available at $0.002425 for the next 24 hours before the presale advances to its next stage, which will increase the token’s price.

對於那些希望在該項目中獲得職位的人來說，在預售前進到下一階段之前的接下來的24小時內，$ btcbull的價格為0.002425美元，這將提高令牌的價格。

Policy Shifts and Liquidity Boosts Could Drive Bitcoin’s Price Higher

政策轉變和流動性提高可能會使比特幣的價格更高

In the past 24 hours, Bitcoin’s trading volume surged by 120.27%, reaching approximately $20.43 billion, while its market capitalization climbed 3.58% to $1.73 trillion.

在過去的24小時內，比特幣的交易量飆升了120.27％，達到約204.3億美元，而其市值攀升了3.58％，至1.73萬億美元。

Bitcoin isn't alone in this upward push - other major assets have followed suit since reports emerged on Sunday about Trump potentially adopting a softer tariff stance. Ethereum (ETH), Ripple (XRP), and Solana (SOL) have climbed 9.85%, 4.93%, and 8.93%, respectively.

比特幣並不孤單地向上推動 - 自從報導週日出現有關特朗普可能採取較軟的關稅立場以來，其他主要資產也效仿了。以太坊（ETH），Ripple（XRP）和Solana（Sol）分別攀升了9.85％，4.93％和8.93％。

While Trump's proposed tariffs are now seen as less restrictive, there's still concern that they could push inflation higher. However, Hayes has suggested this inflationary pressure may be transitory - a key argument in his belief that the Federal Reserve could pivot from quantitative tightening (QT) back to quantitative easing (QE).

儘管現在認為特朗普提議的關稅是不太限制的，但仍然擔心他們可能會推動通貨膨脹率更高。但是，海斯提出這種通貨膨脹壓力可能是短暫的 - 他認為，美聯儲可以從定量擰緊（QT）轉移到定量寬鬆（QE）（QE）中的關鍵論點。

I bet $BTC hits $110k before it retests $76.5k.

我敢打賭，$ btc的價格為$ 110k，然後重新測試$ 76.5k。

Y? The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause “transitory inflation”. JAYPOW told me so.

是的？美聯儲從QT到量化寬鬆的國債。關稅無關緊要導致“暫時通貨膨脹”。傑普（Jaypow）告訴我。

I’ll expound on that in my next essay, that’s the TLDR for your TikTok peanut brain.

我將在下一篇文章中闡述這一點，這是您Tiktok花生大腦的TLDR。

I bet $BTC hits $110k before it retests $76.5k.

我敢打賭，$ btc的價格為$ 110k，然後重新測試$ 76.5k。

Y? The Fed is going from QT to QE for treasuries. And tariffs don’t matter cause "transitory inflation". JAYPOW told me so.

是的？美聯儲從QT到量化寬鬆的國債。關稅無關緊要，原因是“暫時通貨膨脹”。傑普（Jaypow）告訴我。

I’ll expound on that in my next essay, that’s the TLDR for your TikTok peanut brain.

我將在下一篇文章中闡述這一點，這是您Tiktok花生大腦的TLDR。

— Arthur Hayes (@CryptoHayes) March 24, 2025

- 亞瑟·海斯（@cryptohayes）2025年3月24日

Historically, such a policy shift has been a bullish trigger for Bitcoin, reinforcing Hayes's view that BTC could surpass its previous all-time high. But Hayes doesn't just see Bitcoin breaking records - he believes it could push beyond $110,000 and potentially reach $200,000 in 2025.

從歷史上看，這種政策轉變一直是比特幣的看漲觸發因素，這加劇了海斯的觀點，即BTC可以超過其以前的歷史最高水平。但是海斯不僅看到比特幣的破壞記錄 - 他認為它可能會超過110,000美元，並在2025年可能達到200,000美元。

Hayes also points to the possibility of an SLR (Supplementary Leverage Ratio) exemption returning as another liquidity catalyst that could propel Bitcoin further. The SLR exemption, which was temporarily introduced in 2020, allowed banks to exclude U.S. Treasuries and deposits at the Federal Reserve from their leverage calculations, which effectively freed up capital for lending and investment. A reinstatement of this exemption could inject additional liquidity into financial markets, indirectly benefiting Bitcoin.

海耶斯還指出了SLR（補充槓桿比率）豁免的可能性，該豁免是另一種可以進一步推動比特幣的流動性催化劑。 SLR豁免於2020年臨時引入，允許銀行將美聯儲的國庫和存款排除在其槓桿計算之外，這有效地釋放了用於貸款和投資的資本。恢復這種豁免可以將額外的流動性注入金融市場，間接使比特幣受益。

These bullish catalysts align with Strategy founder Michael Saylor's view that Bitcoin's growth is closely tied to the expanding global M2 money supply. With global M2 expected to exceed $109 trillion, with the U.S. M2 in particular projected to rise from roughly $21.5 trillion in January to $22 trillion by year-end, Bitcoin appears poised to follow suit.

這些看漲的催化劑與戰略創始人邁克爾·賽勒（Michael Saylor）的觀點相吻合，即比特幣的增長與不斷擴大的全球M2貨幣供應密切相關。全球M2預計將超過1009萬億美元，尤其是美國M2的預計將從1月份的大約21.5萬億美元上升到年終的22萬億美元，比特幣似乎準備效仿。

Global liquidity is at a new ATH.

全球流動性正在新的ATH。

The next Bitcoin bull market is about to begin. pic.twitter.com/soh4sh632Y

下一個比特幣牛市即將開始。 pic.twitter.com/soh4sh632y

— Michael Saylor⚡️Founder of Strategy (Fan Account) (@SaylorBu BuysBTC) March 19, 2025

- 邁克爾·塞勒（Michael Saylor）策略（Fan帳戶）（@saylorbu BuysBTC）2025年3月19日

As always, Saylor backs his words with action. His latest show of confidence came through Strategy's recent $711 million capital raise via its Perpetual Strife Preferred Stock - funds earmarked for additional Bitcoin purchases.

與往常一樣，Saylor採取行動來支持他的話。他最新的信心表演來自戰略最近通過其永久糾紛優先股票的71.11億美元籌集的資金 - 用於額外購買的資金。

The bullish sentiment isn't just speculation - it's

看漲的情緒不僅是猜測 - 它是