隨著美元飆升，比特幣暴跌，製造業數據加劇了聯準會升息的可能性

隨著美元指數飆升至 105.00 以上，達到 11 月中旬以來的最高水平，比特幣價格遭受重創。強勁的美國工廠數據推高了美元價值並降低了聯準會六月降息的預期，加劇了跌勢。更廣泛的加密貨幣市場也經歷了損失，以太幣、Solana 的 SOL 和狗狗幣都大幅下跌。

Bitcoin Plunges as Dollar Soars, Manufacturing Data Boosts Fed Rate Hike Expectations

美元飆升，製造業數據提振聯準會升息預期，比特幣暴跌

Tokyo, Japan - Bitcoin faced a wave of selling pressure during Tuesday's Asian trading session, plummeting below the $66,500 mark as the U.S. dollar index rose to its highest level since mid-November, casting a shadow over the cryptocurrency market.

日本東京 - 週二亞洲交易時段，比特幣面臨一波拋售壓力，隨著美元指數升至 11 月中旬以來的最高水平，比特幣暴跌至 66,500 美元大關，給加密貨幣市場蒙上陰影。

The downturn in Bitcoin's value came on the heels of upbeat U.S. manufacturing data, which lifted the dollar index (DXY) above 105.00 for the first time in four months. A stronger dollar tends to make dollar-denominated assets like Bitcoin less appealing, potentially reducing demand. Moreover, a sustained surge in the dollar can lead to global financial tightening, dampening investors' risk appetite.

比特幣價值的下跌是在美國製造業數據樂觀之後發生的，將美元指數（DXY）四個月來首次升至 105.00 以上。美元走強往往會降低比特幣等以美元計價的資產的吸引力，從而可能減少需求。此外，美元持續飆升可能導致全球金融緊縮，抑制投資人的風險偏好。

Adding to the bearish sentiment, data released on Monday showed that U.S. manufacturing activity unexpectedly picked up pace in March, with the Institute for Supply Management's (ISM) manufacturing purchasing manager's index (PMI) rising to 50.3, indicating expansion in the sector for the first time since September 2022. The resumption of manufacturing growth and higher inflation readings from the sector bolstered the case for continued Federal Reserve (Fed) rate hikes, dimming the prospects of a policy pivot anytime soon.

週一公佈的數據顯示，美國 3 月製造業活動意外加快，供應管理協會 (ISM) 製造業採購經理人指數 (PMI) 升至 50.3，顯示該行業首次出現擴張，加劇了看跌情緒。自2022 年9月以來的一段時間。製造業成長的恢復和該行業通膨數據的上升支撐了聯準會(Fed) 繼續升息的理由，使政策很快轉向的前景變得黯淡。

"Markets are laser-focused on the ISM report, with 10-year Treasury yields climbing on the back of the return of manufacturing growth and elevated inflation readings from the sector," said analysts at ING in a note to clients. "With 20 or so individual Federal Reserve speeches on the agenda this week, the market is likely considering that today's outcome will make officials hesitate before committing to significant policy easing."

ING分析師在給客戶的一份報告中表示，“市場高度關注ISM報告，在製造業增長回升和該行業通脹數據上升的背景下，10年期國債收益率攀升。” “本週聯準會將發表大約 20 場個人講話，市場可能會認為今天的結果將使官員在承諾大幅放鬆政策之前猶豫不決。”

The Federal Reserve has raised interest rates from near zero to 5.5% over the past 16 months in a bid to curb inflation. The aggressive tightening stance has contributed to a significant decline in Bitcoin's price in 2022.

過去 16 個月，聯準會已將利率從接近零的水平提高至 5.5%，以抑制通膨。激進的緊縮立場導致比特幣價格在 2022 年大幅下跌。

While the strong dollar and hawkish Fed policy outlook weighed on Bitcoin, some analysts believe that the ballooning fiscal debt will ultimately force the central bank to pivot to rate cuts, providing a major tailwind for crypto prices. However, the near-term outlook for Bitcoin remains uncertain, with several key economic data releases and the quadrennial mining reward halving event on the horizon.

儘管強勢美元和鷹派的聯準會政策前景打壓了比特幣，但一些分析師認為，不斷膨脹的財政債務最終將迫使央行轉向降息，為加密貨幣價格提供主要推動力。然而，比特幣的近期前景仍然不確定，一些關鍵經濟數據的發布和四年一度的挖礦獎勵減半事件即將到來。

Key Economic Data and Events to Watch:

值得關注的主要經濟數據和事件：

• Friday's U.S. nonfarm payrolls report
• The release of the U.S. unemployment rate
• Bitcoin blockchain's quadrennial mining reward halving later this month

週五美國非農就業報告公佈美國失業率比特幣區塊鏈四年一度的挖礦獎勵本月稍後減半