本週第二次比特幣（BTC）價格低於75,000美元，將每週的損失提高到11％以上

比特幣本週第二次低於75,000美元的成績，將其每週總損失提高到11％以上。

Bitcoin price fell below the $75,000 mark for a second time this week amid reports of U.S.-China trade tensions and a 104% tariff on Chinese goods.

由於報導了美國 - 中國貿易緊張局勢和中國商品的關稅，比特幣價格本週第二次低於75,000美元。

The world’s biggest cryptocurrency slid 4.2% over the past 24 hours to $74,108.4 by 07:15 ET (11:15 GMT). It had fallen as low as $73,000 earlier in the session.

在過去的24小時內，世界上最大的加密貨幣滑行4.2％，至74,108.4美元，到07:15 ET（GMT 11:15）。在會議上之前，它低至73,000美元。

Bitcoin price is now down over 11% from its weekly high, pushing it deeper into bear market territory.

比特幣的價格現在比每週的高點下跌了11％以上，將其深入到熊市領土上。

The broader cryptocurrency market also slid, wiping $42 billion off the market cap in the past 24 hours. Still, most altcoins showed gains on the day.

更廣泛的加密貨幣市場也滑行，在過去24小時內，市值削減了420億美元。儘管如此，大多數Altcoins當天都顯示出收益。

Top movers (1h)

頂部搬運工（1H）

Dogecoin (CRYPTO: DOGE) led the gains with a 5.5% rally, pushing higher after reports that X, formerly known as Twitter, is planning to integrate blockchain technology.

Dogecoin（Crypto：Doge）以5.5％的集會領先，在報導稱X（以前稱為Twitter）計劃集成區塊鏈技術後，提高了收益。

Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP) both rose nearly 5%, while Binance Coin (BNB) ticked up 1.49%.

Solana（Crypto：Sol）和XRP（加密：XRP）都增長了近5％，而Binance Coin（BNB）滴定了1.49％。

Related Link: Best Cryptocurrency Scanners

相關鏈接：最佳加密貨幣掃描儀

Chart Link: BTC, ETH Set For Sharp Recovery- Tech Analysis

圖錶鍊接：BTC，ETH設置用於尖銳恢復技術分析

What Happened

發生了什麼

The latest leg lower in the market came after the U.S. announced a steep 104% tariff on Chinese goods in retaliation for alleged breaches of intellectual property rights.

在美國宣布對中國商品的嚴重關稅，以報復涉嫌違反知識產權的情況下，最新的腿部較低。

The move sparked a global sell-off, as investors shifted toward safer assets amid the ongoing trade war and fears of a global recession.

此舉引發了全球拋售，因為在持續的貿易戰和擔心全球經濟衰退的情況下，投資者轉向更安全的資產。

Trump’s Tariffs Spark Global Sell-Off

特朗普的關稅激發了全球拋售

The latest market drop was triggered by President Donald Trump’s decision to enforce a 104% tariff on Chinese imports. The move has shaken investor confidence and led to a global shift toward safer assets.

總統唐納德·特朗普（Donald Trump）決定對中國進口徵收104％關稅的決定引發了最新的市場下跌。此舉激起了投資者的信心，並導致了向更安全的資產轉變的全球轉變。

Stocks, bonds, and cryptocurrencies are all reacting to the growing tension between the world’s two largest economies.

股票，債券和加密貨幣都對世界上兩個最大經濟體之間的緊張局勢越來越大。

Bitcoin Hit Hard as Institutions Exit

當機構退出時，比特幣猛烈打擊

Bitcoin, which often reacts strongly to economic uncertainty, saw heavy selling. Institutional behavior confirmed this trend—BlackRock’s iShares Bitcoin Trust (IBIT) sold 3,296 BTC in one day, its third-largest outflow since launch. In total, U.S. Bitcoin ETFs recorded $326 million in net outflows that day, adding more pressure to the already falling price.

比特幣通常會對經濟不確定性做出強烈反應，賣出了大量銷售。機構行為證實了這一趨勢-Blackrock的Ishares Bitcoin Trust（IBIT）在一天之內售出了3,296 BTC，這是自推出以來的第三大流行。當天，美國比特幣ETF總共記錄了3.26億美元的淨流出，給已經下跌的價格增加了壓力。

Bitcoin briefly rallied to $80,400, suggesting a short-lived recovery. But the bounce quickly faded, and prices dropped again—forming a classic bull trap. According to Coinglass, over $390 million in crypto positions were liquidated as traders got caught in the sudden reversal.

比特幣短暫地集結至80,400美元，這表明恢復了短暫的恢復。但是反彈很快就消失了，價格再次下降 - 形成了經典的牛陷阱。根據Coinglass的說法，由於交易者突然逆轉，超過3.9億美元的加密貨幣職位被清算了。

Altcoin Market Stays Weak

山寨幣市場保持薄弱

Altcoins saw a short spike. Ethereum (ETH) rose 2.04% to $1,567, while Solana (SOL) and XRP both climbed nearly 5%. Dogecoin led the hourly gains with a 5.5% surge, and Binance Coin (BNB) ticked up 1.49%. Despite this, the total crypto market cap dropped by 4.27% in the past 24 hours, pointing to a rally driven more by speculation and likely false news than real improvement.

Altcoins看到了短峰。以太坊（ETH）上升了2.04％，達到1,567美元，而Solana（Sol）和XRP均攀升了近5％。 Dogecoin以5.5％的速度領先每小時的收益，而Binance Coin（BNB）提高了1.49％。儘管如此，在過去的24小時內，加密貨幣的總上限下降了4.27％，這表明集會更多地受到猜測和可能的錯誤新聞的驅動，而不是真正的改進。

Economists Warn Of 2018-Style Slowdown

經濟學家警告2018年風格的放緩

Experts are now comparing the current situation to late 2018, when the Federal Reserve had to reverse its policies due to a slowing economy. BitMEX co-founder Arthur Hayes warned that the Fed is “on the clock,” citing the troubling combination of falling stock prices and rising bond yields.

現在，專家正在將當前狀況與2018年底進行比較，當時美聯儲由於經濟放緩而不得不撤銷其政策。 Bitmex聯合創始人亞瑟·海斯（Arthur Hayes）警告說，美聯儲是“時鐘”的，理由是股票價格下跌和債券收益率上升的令人不安的組合。

Economist Peter Schiff added that if Trump’s goal was to trigger a market crash in order to push the Fed into lowering interest rates, the move may be backfiring—long-term Treasury yields are climbing to new highs instead.

經濟學家彼得·席夫（Peter Schiff）補充說，如果特朗普的目標是引發市場崩潰以推動美聯儲降低利率，此舉可能是適得其反的，那麼長期的國庫收益率將攀升到新的高點。

When Will The Fed Step In?

美聯儲什麼時候介入？

With markets under pressure, speculation is rising that the Fed may cut interest rates as early as May. Analysts believe this could help calm the volatility—especially if paired with an easing of U.S.-China trade tensions.

隨著市場承受壓力，人們猜測美聯儲最早可能會降低利率。分析人士認為，這可以幫助平靜波動，尤其是與美國 - 中國貿易緊張局勢的緩解相結合的話。

Until then, Bitcoin is likely to stay under pressure, with $70,000 emerging as a key level to watch closely.

在此之前，比特幣可能會保持壓力，其中70,000美元是密切關注的關鍵水平。

The world’s biggest cryptocurrency is caught in a storm of politics and panic – and for now, there’s no clear sky in sight.

世界上最大的加密貨幣陷入了政治和恐慌風暴中 - 就目前而言，目前尚無晴朗的天空。