隨著黃金市場投資於避風付款資產，比特幣（BTC）湧現出新的歷史最高點

在全球經濟波動中，黃金已經達到了新的歷史最高水平。黃金的提升可能會在加密貨幣（特別是比特幣）中發出類似的模式。

Gold price, which traders watch closely for signs of deeper macroeconomic trends, rose to more than $3,390 on April 21 as more investors flocked to safe-haven assets amid increasing economic uncertainty.

貿易商密切關注的黃金價格在4月21日的宏觀經濟趨勢跡像上升至3,390美元以上，因為隨著經濟不確定性的增加，越來越多的投資者湧向避風港資產。

According to the latest data from Trading Economics, gold reached a new all-time high as the U.S. dollar plummeted to a three-year low. At about 7:30 UTC, gold was seen trading up 2%, well above the $3,390 threshold and going as high as $3,395.

根據交易經濟學的最新數據，由於美元跌至三年低點，黃金達到了新的歷史最高水平。大約在7:30 UTC，看到黃金的交易增長了2％，遠高於3,390美元的門檻，高達3,395美元。

Earlier this week, President Donald Trump ordered an investigation into potential new tariffs on critical mineral imports, signaling a further escalation of the trade war between the U.S. and other countries, including China.

本週早些時候，唐納德·特朗普總統下令調查對關鍵礦產進口的潛在新關稅，這表明在包括中國在內的美國和其他國家之間的貿易戰進一步升級。

The presidential order comes as investors are starting to lose confidence in traditional fiat currencies. The greenback dropped to its lowest level since May 2017 and was last seen changing hands at $1.13.

總統命令是隨著投資者開始對傳統法定貨幣失去信心。綠衛降至2017年5月以來的最低水平，最後一次以1.13美元的價格易手。

As world powers engage in a fierce trade war and investors pour money into cryptocurrencies, these 5 key trends will be shaping the markets in 2023.

隨著世界大國進行激烈的貿易戰，投資者將錢投入加密貨幣，這5個主要趨勢將在2023年塑造市場。

What is the historical relationship between gold and crypto?

黃金和加密之間的歷史關係是什麼？

Bitcoin (BTC) has often been likened to “digital gold” by market traders and investors. Federal Reserve Chair Jerome Powell also said that Bitcoin was a competitor for gold due to how both assets are used as a store of value rather than as a payment option.

比特幣（BTC）經常被市場商人和投資者比作“數字黃金”。美聯儲主席杰羅姆·鮑威爾（Jerome Powell）還表示，由於如何將兩種資產用作價值存儲而不是付款期權，因此比特幣是黃金的競爭對手。

Similarly, founder and CEO of ARK Investment Management Cathie Wood predicted Bitcoin’s $2 trillion market cap could one day surpass gold’s $15 trillion over time. Despite having been around longer, it evidently took gold a longer time to reach $2 trillion, something that took Bitcoin only 15 years.

同樣，方舟投資管理公司Cathie Wood的創始人兼首席執行官預測，比特幣的2萬億美元市值可能會超過Gold的15萬億美元。儘管已經壽命更長，但它顯然花了更長的時間才能達到2萬億美元，這僅需比特幣15年。

“At $2,700, gold is a $15 trillion market, compared to Bitcoin at only $2 trillion. Even after breaking through $100,000, Bitcoin still is in early innings,” said Wood.

伍德說：“黃金的價格為2,700美元，是一個15萬億美元的市場，而比特幣僅為2萬億美元。即使經過100,000美元，比特幣仍在早期。”

Historically, positive market movements in gold are often followed by a boost in Bitcoin prices not long after. Aside from the fact that both assets are seen as “safe havens” that protect investors against the volatility of traditional fiat currencies, both also have finite supplies that need to be mined.

從歷史上看，黃金中的積極市場轉移通常會在不久之後的比特幣價格上提高。除了兩個資產都被視為保護投資者免受傳統法定貨幣波動的“避風港”之外，兩者都有有限的供應，需要開採。

Despite these similarities, a Bloomberg analysis found that gold still has a much lower volatility rate compared to Bitcoin; with gold’s annual volatility rate being around 10% to 20%, while Bitcoin often exceeds 50%.

儘管有這些相似之處，但彭博社分析發現，與比特幣相比，黃金的波動率仍然要低得多。黃金的年度波動率約為10％至20％，而比特幣通常超過50％。

But while this may be the case, analysts have also noted that macro Bitcoin trends have a tendency to follow gold’s within a few months.

但是，儘管情況可能是這種情況，但分析師還指出，宏觀比特幣趨勢傾向於在幾個月內跟隨黃金。