鮑威爾講話反駁川普承諾，比特幣狂熱降溫

自從唐納川普贏得美國大選以來，圍繞比特幣的投機狂潮在現貨和衍生性商品市場上都在放緩。

Bitcoin’s speculative surge is moderating after a relentless rally that saw the world’s largest cryptocurrency soar about 30% since the US election on Nov. 5 in response to President-elect Trump’s pro-crypto stance.

自 11 月 5 日美國大選以來，為了回應當選川普支持加密貨幣的立場，比特幣全球最大的加密貨幣飆升了約 30%，之後比特幣的投機熱潮正在放緩。

The digital asset slid below $87,000 at one point on Friday after Federal Reserve Chair Jerome Powell said there was no need to rush interest-rate cuts. Bitcoin later pared some of its losses, trading at $90,265 as of 12:11 p.m. in London.

在聯準會主席鮑威爾表示沒有必要急於降息後，該數位資產在周五一度跌破 87,000 美元。比特幣後來收復了部分損失，截至倫敦中午 12:11 交易價格為 90,265 美元。

In the derivatives sector, the premium paid for CME-listed Bitcoin futures over the spot market price has declined, according to K33 Research. The US-based institutional investors use the contracts to take positions on the original cryptocurrency.

K33 Research 的數據顯示，在衍生性商品領域，芝商所上市的比特幣期貨相對於現貨市場價格的溢價有所下降。美國的機構投資者使用這些合約來持有原始加密貨幣的部位。

Figures from Amberdata show a 24-hour surge in open interest — or outstanding contracts — for bearish options with a strike price of $80,000.

Amberdata 的數據顯示，執行價格為 80,000 美元的看跌期權的未平倉合約（或未平倉合約）在 24 小時內激增。

“Markets seems to be cooling down,” said Vetle Lunde, head of research at K33, adding that the narrowing of the futures premium “might have been a subtle hint of moderating risk profiles.”

K33研究主管Vetle Lunde表示：「市場似乎正在降溫。」他補充說，期貨溢價的收窄「可能是風險狀況緩和的微妙暗示」。

Trump’s Pledges

川普的承諾

Related stories

相關故事

Bitcoin has jumped about 30% since the US election on Nov. 5 in response to President-elect Trump’s pro-crypto stance. The digital asset is now viewed as one of a suite of so-called Trump trades, and speculators are wondering how much impetus the rally has left.

自 11 月 5 日美國大選以來，為了回應當選川普的支持加密貨幣立場，比特幣已上漲約 30%。該數位資產現在被視為一系列所謂的川普交易之一，投機者想知道這次反彈還剩下多少動力。

Trump has promised to create a friendly regulatory framework for crypto, set up a strategic Bitcoin stockpile and make the US the global hub for the industry. A onetime crypto skeptic, Trump changed tack after digital-asset firms spent heavily during election campaigning to promote their interests. Questions remain about the feasibility and implementation timeline of his promises.

川普承諾為加密貨幣創建一個友好的監管框架，建立戰略性的比特幣儲備，並使美國成為該行業的全球中心。川普曾經是加密貨幣懷疑論者，但在數位資產公司在競選期間投入巨資以促進其利益後，他改變了策略。關於他承諾的可行性和實施時間表仍然存在疑問。

Investors poured a net $4.3 billion into US spot-Bitcoin exchange-traded funds after Election Day. The 12 funds, from issuers including BlackRock Inc. and Fidelity Investments, now have total assets of about $93 billion, based on figures compiled by Bloomberg.

選舉日後，投資者向美國現貨比特幣交易所交易基金淨注入 43 億美元。根據彭博社彙編的數據，這 12 檔基金來自 BerRock Inc. 和富達投資 (Fidelity Investments) 等發行人，目前總資產約為 930 億美元。

Volatility Expected

預期波動

“It’s all pure speculative trading right now,” said James Davies, chief executive officer at on-chain futures and options trading platform Crypto Valley Exchange. “Expect lots of volatility and a lack of clear signals for a while, whilst we wait for policy announcements in the US.”

「現在這都是純粹的投機交易，」鏈上期貨和選擇權交易平台 Crypto Valley Exchange 的執行長 James Davies 表示。 “在我們等待美國政策公告的同時，預計一段時間內會出現大量波動且缺乏明確信號。”

Davies flagged $90,000 as a key marker to watch to see if acts as a “resistance level, or if we are well past it.” One of the highest concentrations of bullish Bitcoin options bets is for the $100,000 strike, data from Deribit show.

戴維斯將 90,000 美元標記為一個關鍵指標，以觀察其是否充當「阻力位，或者我們是否已經遠遠超過它」。 Deribit 的數據顯示，最集中的看漲比特幣選擇權押注之一是 10 萬美元的罷工。

Bitcoin changed hands at $87,740 as of 6 a.m. Friday in London. Smaller tokens such as second-ranked Ether and meme-crowd favorite Dogecoin were mixed, in line with easing risk appetite as traders pared bets on Fed rate cuts following Powell’s comments.

截至週五早上 6 點，倫敦比特幣易手價格為 87,740 美元。排名第二的以太幣和大眾喜愛的狗狗幣等較小型代幣漲跌互現，這與鮑威爾發表言論後交易員減少了對美聯儲降息的押注而緩解的風險偏好一致。