在貿易關稅的情況下，比特幣價格下跌

在美國總統唐納德·特朗普（Donald Trump）向主要的貿易夥伴徵收新的關稅之後，比特幣的價格下跌了100,000美元。投資者做出了迅速的反應

After US President Donald Trump imposed new tariffs on key trade partners, Bitcoin's price fell below $100,000. Investors reacted quickly to the news, leading to significant volatility in cryptocurrency markets.

在美國總統唐納德·特朗普（Donald Trump）對主要貿易夥伴徵收新的關稅之後，比特幣的價格下跌了100,000美元。投資者對新聞的反應迅速，導致加密貨幣市場的波動大幅波動。

On Monday morning in Asia, Bitcoin dropped nearly 7% to a three-week low around $93,543. Meanwhile, Ethereum (ETH) fell by 18% since yesterday, returning to price levels not seen since early November. This sharp decline marked a period of unease in the cryptocurrency sector, which has become increasingly sensitive to broader economic shifts.

週一早上在亞洲，比特幣在93,543美元左右下降了近7％，至三週低點。同時，以太坊（ETH）自昨天以來下跌了18％，恢復到自11月初以來未見的價格水平。這種急劇下降標誌著加密貨幣部門的不安時期，這對更廣泛的經濟轉變變得越來越敏感。

Trump’s decision to impose a 25% tariff on imports from Mexico and most Canadian goods, as well as a 10% tariff on Chinese imports, took effect on Tuesday. This development rattled global markets, causing a pullback in risky assets, including cryptocurrencies. Since cryptocurrencies trade 24/7, their prices adjusted quickly in response to the economic uncertainty stemming from the tariffs.

特朗普決定對墨西哥和大多數加拿大商品的進口徵收25％的關稅，以及對中國進口商品的10％關稅，並於週二生效。這一發展使全球市場震撼，導致風險資產的回調，包括加密貨幣。自加密貨幣交易24/7以來，其價格迅速調整，以應對關稅所帶來的經濟不確定性。

Cryptocurrencies React to Economic Uncertainty

加密貨幣對經濟不確定性做出反應

The cryptocurrency market's response to Trump’s tariff announcement underscores the sector’s sensitivity to global economic events. According to market analysts, tariffs can have far-reaching implications. They could contribute to inflationary pressures and higher interest rates, deterring investors from risk assets like crypto.

加密貨幣市場對特朗普關稅公告的反應強調了該行業對全球經濟事件的敏感性。根據市場分析師的說法，關稅可能具有深遠的影響。他們可能會導致通貨膨脹壓力和更高的利率，從而阻止投資者從加密貨幣等風險資產中。

Chris Weston, head of research at Pepperstone, highlighted how cryptocurrencies have become a “risk proxy” in times of market uncertainty. He explained, “Crypto is really the only way to express risk over the weekend, and on news like this, crypto resorts to a risk proxy.” Weston’s comments underscore the growing role of digital currencies as a barometer for broader market sentiment, particularly during volatile periods.

Pepperstone的研究負責人克里斯·韋斯頓（Chris Weston）強調了加密貨幣在市場不確定性時期如何成為“風險代理”。他解釋說：“加密確實是在周末表達風險的唯一途徑，而在這樣的新聞上，加密貨幣求助於風險代理。”韋斯頓的評論強調了數字貨幣作為更廣泛的市場情緒的晴雨表的日益增長的作用，尤其是在動蕩的時期。

Bitcoin, Ethereum, Solana Prices Decline

比特幣，以太坊，索拉娜價格下跌

Bitcoin’s price, in particular, took a significant hit, dropping to $93,543.49 (A$153,700), a 4.8% decline within the last 24 hours. According to CoinGecko data, BTC was down 4.6% compared to its value seven days prior. The global cryptocurrency market felt the brunt of the tariffs, with key digital currencies following Bitcoin’s lead.

尤其是比特幣的價格受到了重大打擊，下降到93,543.49美元（153,700美元），在過去24小時內下降了4.8％。根據Coingecko數據，BTC與七天前的價值相比下跌了4.6％。全球加密貨幣市場首當其衝，關鍵的數字貨幣是比特幣的領先優勢。

Figure 1: Bitcoin Price Volatility in the Recent Time

圖1：比特幣的價格波動最近

Ethereum (ETH) was priced at A$4,074.33, a sharp decline of 18.6% over the past 24 hours. ETH’s drop was also noticeable on the weekly chart, with the cryptocurrency losing 19.8% compared to the previous week. This downturn mirrors broader market trends, as Ethereum's price and performance tend to closely align with the overall market sentiment.

以太坊（ETH）的價格為4,074.33美元，在過去的24小時內下降了18.6％。在每週圖表上，ETH的下降也很明顯，與上週相比，加密貨幣損失了19.8％。由於以太坊的價格和績效往往與整體市場情緒緊密相符，因此這種低迷反映了更廣泛的市場趨勢。

Solana (SOL), another major cryptocurrency, followed a similar pattern, trading at A$309.89. The cryptocurrency faced a 10.1% loss in 24 hours and a 17.4% decrease compared to the last week. While the decline in Solana was less steep than Bitcoin’s, it still signalled a broader market correction that impacted most cryptocurrencies.

Solana（Sol）是另一種主要的加密貨幣，遵循類似的模式，以309.89美元的價格交易。與上週相比，加密貨幣在24小時內面臨10.1％的損失，下降17.4％。儘管Solana的下降不如比特幣陡峭，但它仍然表明市場糾正範圍更廣泛，影響了大多數加密貨幣。

Also Read: Dogecoin: A Crypto Revolution or Risk to Financial Stability?

另請閱讀：Dogecoin：加密革命或財務穩定風險？

Market Impact and Investor Reactions

市場影響和投資者反應

President Trump’s executive order on tariffs targeted goods from Canada, Mexico, and China. The White House cited reasons such as drug trafficking and illegal immigration for these actions. While the intention behind the tariffs is to bring pressure on these countries, the market’s reaction has been one of concern. Many financial analysts believe that the tariffs will exacerbate inflation, leading to higher interest rates. As a result, risk assets such as cryptocurrencies are seeing a retreat in investor interest.

特朗普總統對關稅的行政命令將來自加拿大，墨西哥和中國的貨物目標。白宮引用了這些行動等原因，例如販毒和非法移民。儘管關稅背後的意圖是給這些國家帶來壓力，但市場的反應一直是關注的之一。許多財務分析師認為，關稅會加劇通貨膨脹，從而導致更高的利率。結果，加密貨幣之類的風險資產正在看到投資者利益的撤退。

Some savvy traders capitalized on the market's volatility. A smart Ethereum investor managed to make $16 million from a leveraged short position. This highlights how certain traders are able to exploit the price swings brought on by macroeconomic news.

一些精明的交易者利用了市場的波動。一位聰明的以太坊投資者設法從槓桿的短期內賺了1600萬美元。這凸顯了某些交易者如何利用宏觀經濟新聞帶來的價格波動。

India Reevaluates Cryptocurrency Policies

印度重新評估了加密貨幣政策

In response to changing global economic conditions and regulatory pressures, India is rethinking its position on cryptocurrencies. According to Ajay Seth, India’s secretary of economic affairs, the country is reevaluating its stance on digital assets. This shift could signal a larger institutional embrace of cryptocurrencies as the global regulatory landscape evolves.

為了應對不斷變化的全球經濟狀況和監管壓力，印度正在重新思考其在加密貨幣上的地位。根據印度經濟事務部長阿傑·塞斯（Ajay Seth）的說法，該國正在重新評估其對數字資產的立場。隨著全球監管格局的發展，這種轉變可能表明對加密貨幣的製度擁抱。

This statement comes in the wake of President Trump’s establishment of the Working Group on Digital Asset Markets, which aims to integrate cryptocurrency regulation within broader financial systems. Analysts see this as part of a growing trend towards institutional acceptance of digital currencies. If India aligns its policies with this global trend, it could signal a major step forward for cryptocurrency adoption in Asia.

這一聲明是在特朗普總統建立數字資產市場工作組之後的，該公司旨在將加密貨幣調節整合到更廣泛的金融系統中。分析師認為這是逐漸接受數字貨幣的趨勢的一部分。如果印度將其政策與這一全球趨勢保持一致，它可能標誌著亞洲採用加密貨幣的重要一步。

Altcoins to Watch Amid Market Volatility

在市場波動中觀看的山寨幣

Despite the downturn in the market, several altcoins have managed to maintain some strength.

儘管市場上的經濟低迷，但幾個山寨幣還是設法保持了一定的實力。

Elon Musk's Blockchain Plan for the US Treasury

埃隆·馬斯克（Elon Musk）的美國財政部區塊鏈計劃

Elon Musk continues to push for greater blockchain integration in government systems. Recently, he confirmed plans to put the US Treasury on a blockchain, potentially revolutionising how financial transactions and government budgeting work. Musk’s involvement with

埃隆·馬斯克（Elon Musk）繼續推動政府系統中的更大區塊鏈整合。最近，他確認計劃將美國財政部置於區塊鏈上，並有可能徹底改變了金融交易和政府預算工作的方式。馬斯克參與