急需更正後的比特幣（BTC）價格下跌至8.4k美元

比特幣（BTC）進行了急劇的價格校正，從2024年底的峰值近110,000美元到截至2025年3月18日的$ 84,000

Bitcoin (BTC) has experienced a steep price correction, dropping from a peak of nearly $110,000 in late 2024 to approximately $84,000 as of March 18, 2025, according to data from CoinMarketCap.

根據CoinMarketCap的數據，比特幣（BTC）經歷了陡峭的價格校正，從2024年底的近11萬美元下降到截至2025年3月18日的$ 84,000。

For more perspective, BTC had actually dropped to around $16,000 in the last cycle after peaking at about $69,000 in the last crypto market bull run of 2021.

從2021年的最後一個加密市場公牛運行中，BTC在最後一個週期中實際上下降了大約69,000美元。

This decline coincides with significant outflows from digital assets, as reported by CoinShares. Major crypto funds have seen billions in outflows over recent weeks.

正如Coinshares報導的那樣，這種下降與數字資產的大量流出相吻合。最近幾週，主要加密基金已經看到了數十億美元的流出。

The launch of Bitcoin exchange-traded funds (ETFs) in January 2024 was met with a lot of enthusiasm, but their gains have since evaporated, reflecting broader market unease.

2024年1月，啟動了比特幣交易所交易的資金（ETF）充滿熱情，但此後他們的收益蒸發了，反映了更廣泛的市場不安。

Despite this volatility, key players like Strategy (formerly MicroStrategy), Metaplanet, and El Salvador are persisting in accumulating BTC, while others, like South Korea and Germany, diverge in their approaches, highlighting Bitcoin’s polarizing role in global finance.

儘管這種波動性，但像戰略（以前是微型策略），Metaplanet和El Salvador這樣的主要參與者持續積累BTC，而韓國和德國等其他人則在其方法上有所不同，突顯了比特幣在全球金融中的兩極分化作用。

Strategy, led by Michael Saylor, recently added $10 million worth of Bitcoin to its treasury, bringing its total to just under 500,000 BTC.

由邁克爾·塞勒（Michael Saylor）領導的戰略最近在其財政部增加了價值1000萬美元的比特幣，使其總計不到50萬BTC。

Saylor, a staunch advocate, views Bitcoin as an effective hedge against inflation, famously stating: “There’s a word for people who store value in fiat—we call them poor.”

堅定的擁護者塞勒（Saylor）將比特幣視為反對通貨膨脹的有效樹籬，著名地說：“對於在菲亞特（Fiat）存儲價值的人們來說，這是一個詞，我們稱他們為窮人。”

This aligns with Japan’s Metaplanet, which has mirrored Strategy’s playbook, boosting its BTC holdings to over 1,000 coins in 2024.

這與日本的Metaplanet相吻合，後者反映了策略的劇本，將其BTC持有量增加到2024年的1000多枚硬幣。

El Salvador, under President Nayib Bukele, continues its Bitcoin experiment, acquiring more despite IMF criticism over fiscal risks. Samson Mow, CEO of JAN3, praises this resilience, noting: “Their strategy proves #Bitcoin’s viability as a national asset, defying traditional skepticism.”

納伊布·布克爾（Nayib Bukele）的總統埃爾·薩爾瓦多（El Salvador）繼續其比特幣實驗，儘管對財政風險批評了國際貨幣基金組織，但仍獲得了更多。 Jan3首席執行官Samson Mow稱讚這種韌性，並指出：“他們的戰略證明了＃比特幣作為國家資產的生存能力，違背了傳統的懷疑。”

In contrast, South Korea's recent rejection of BTC as a reserve asset showcases caution, with officials highlighting its volatility as a liability.

相比之下，韓國最近將BTC拒絕作為儲備資產表示謹慎，官員們強調了其波動作為責任。

Furthermore, Germany’s 2024 sell-off of its Bitcoin stash, once valued in the billions, now draws regret as prices soared post-sale. Industry veteran Adam Back, Blockstream CEO, criticizes the move, saying: “Germany's timing was abysmal. Selling low and missing a historic rally shows a lack of foresight.”

此外，德國2024年對比特幣儲藏的拋售，曾經是數十億美元的售價，現在隨著價格飆升，後來使後悔感到遺憾。 Blockstream首席執行官Adam Back批評這一舉動：“德國的時機很糟糕。

Meanwhile, BlackRock's deepening focus on Bitcoin ETFs signals institutional acceptance. This is emphasized by Cathie Wood of ARK Invest, who asserts that Bitcoin's integration into portfolios is inevitable, and its volatility is a feature, not a flaw, for long-term growth.

同時，貝萊德對比特幣ETF的加深關注信號是機構接受的。 Ark Invest的Cathie Wood強調了這一點，他斷言比特幣與投資組合的整合是不可避免的，其波動性是長期增長的特徵，而不是缺陷。

However, Bitcoin's reputation as a risk asset—similar to stocks rather than a safe haven like gold, which recently hit record highs—complicates its narrative. The U.S. stock market's parallel decline suggests macroeconomic pressures, like rising interest rates or geopolitical uncertainty, are also playing a role.

但是，比特幣作為風險資產的聲譽（類似於股票，而不是像黃金這樣的避風港（最近達到紀錄）的敘述。美國股票市場的平行下降表明，宏觀經濟壓力（如利率上升或地緣政治不確定性）也起著作用。

As Dan Held, a crypto educator, points out, Bitcoin's correlation with risk assets isn't surprising; it's still maturing, but its fundamentals remain unmatched.

正如加密教育者丹（Dan）所指出的那樣，比特幣與風險資產的相關性並不奇怪。它仍在成熟，但其基本面仍然無與倫比。

This is further highlighted by Anthony Pompliano, a digital assets and Fintech investor, who adds that corrections are healthy as they shake out weak hands and let the strong double down—like Strategy and El Salvador.

數字資產和金融科技投資者Anthony Pompliano進一步強調了這一點，他們補充說，矯正是健康的，因為它們握手弱的手並讓強勁的雙重失望（例如策略和El Salvador）。

The divide in perception is evident in CoinShares's report of $6.4 billion in ETF outflows over five weeks, yet BlackRock's iShares Bitcoin Trust (IBIT) still holds significant assets, hinting at persistent institutional interest.

Coinshares在五個星期內的64億美元ETF流出的報告中很明顯，但BlackRock的Ishares Bitcoin Trust（IBIT）仍然持有大量資產，這暗示了持續的機構利益。

For Saylor, the dip is a buying opportunity and Bitcoin is the apex property of humanity.

對於Saylor來說，DIP是一個購買機會，比特幣是人類的最高特性。

But critics question its safe-haven status as gold outshines it during turbulence.

但是批評者質疑其安全的地位，因為黃金在動盪期間超出了它。