利率不確定性揮之不去，比特幣反彈

在美國利率持續存在不確定性的情況下，比特幣週五出現上漲趨勢，從近期的損失中恢復過來。上漲 3.3% 將價格推至 67,615.0 美元，但每週仍可能下跌約 3%。美元上漲和對通膨的擔憂讓交易員保持謹慎，以太坊表現落後，XRP 從一個月低點反彈。人們的注意力轉向即將發布的非農業就業數據，這可能會影響美國利率的前景，進而影響比特幣的趨勢。

Bitcoin Rebounds Amidst Lingering Uncertainty over Interest Rate Trajectory

比特幣在利率軌跡揮之不去的不確定性中反彈

Amidst a tumultuous week marked by geopolitical tensions and economic headwinds, Bitcoin has staged a modest recovery on Friday, climbing 3.3% over the past 24 hours to $67,615.0 as of 01:09 ET (05:09 GMT). However, this rebound has been tempered by persistent uncertainty over the trajectory of U.S. interest rates, which continues to cast a shadow over risk assets.

在以地緣政治緊張局勢和經濟逆風為標誌的動蕩的一周中，比特幣在周五小幅復甦，截至東部時間01:09（格林威治標準時間05:09）在過去24 小時內上漲3.3% 至67,615.0 美元。然而，這種反彈受到美國利率軌跡持續不確定性的影響，這繼續為風險資產蒙上陰影。

This week, Bitcoin's price tumbled to as low as $64,000, driven by a broader decline in risk appetite triggered by a series of factors, including an earthquake in Taiwan, escalating tensions in the Middle East, and the looming threat of sustained higher interest rates in the United States. As a result, traders have largely gravitated towards the dollar and other safe-haven assets, while Bitcoin and other riskier investments have taken a backseat.

本週，受台灣地震、中東緊張局勢升級、東南亞國家利率持續走高等一系列因素引發的風險偏好普遍下降的影響，比特幣價格跌至 64,000 美元低點。美國。因此，交易員在很大程度上傾向於美元和其他避險資產，而比特幣和其他風險較高的投資則退居次席。

On Friday, the dollar strengthened, while gold prices hovered near record highs set earlier in the week. The strengthening of the dollar and the relative resilience of gold underscore the cautious sentiment that has gripped the markets amidst the heightened geopolitical uncertainty and the Federal Reserve's hawkish stance on monetary policy.

週五，美元走強，而金價徘徊在本週早些時候創下的歷史高點附近。美元的走強和黃金的相對彈性凸顯了在地緣政治不確定性加劇和聯準會對貨幣政策採取強硬立場的情況下市場的謹慎情緒。

Federal Reserve officials have repeatedly warned that persistently high inflation will prevent the central bank from cutting interest rates in the near term. These hawkish comments have dampened risk appetite and weighed on Bitcoin's price, which typically thrives in low-rate, high-liquidity environments. As a result, Bitcoin has been trading within a relatively narrow range since hitting record highs of over $73,000 in March, largely mirroring the weakness seen in the U.S. stock market and other risk-sensitive assets.

聯準會官員多次警告稱，持續高企的通膨將阻礙央行近期降息。這些鷹派言論抑制了風險偏好，並打壓了比特幣的價格，而比特幣通常在低利率、高流動性的環境中蓬勃發展。因此，自 3 月觸及超過 73,000 美元的歷史高點以來，比特幣一直在相對狹窄的區間內交易，這在很大程度上反映了美國股市和其他風險敏感資產的疲軟。

The recent approval of Bitcoin exchange-traded funds (ETFs) had initially provided a tailwind for the cryptocurrency's price, but this momentum appears to have waned in recent weeks. Capital flows into these ETFs have slowed, and trading activity in the Bitcoin market has also declined.

最近比特幣交易所交易基金（ETF）的批准最初為加密貨幣的價格提供了推動力，但這種勢頭在最近幾週似乎有所減弱。流入這些 ETF 的資金已經放緩，比特幣市場的交易活動也有所下降。

Investors' attention is now squarely on the upcoming nonfarm payrolls data due later on Friday, which is expected to provide further insights into the outlook for U.S. interest rates. A strong jobs report could strengthen the case for faster interest rate hikes by the Federal Reserve, which would likely weigh on Bitcoin's price.

投資者現在的注意力完全集中在周五晚些時候即將公佈的非農就業數據上，預計將為美國利率前景提供進一步的見解。強勁的就業報告可能會強化聯準會加快升息的理由，這可能會打壓比特幣的價格。

Among other cryptocurrencies, Ethereum lagged its peers on Friday, falling 0.8%. This decline came as the Securities and Exchange Commission (SEC) prepares its decision on spot ETFs for Ethereum. The SEC is also investigating whether Ethereum should be classified as a security, a designation that could have significant implications for its regulatory treatment.

在其他加密貨幣中，以太幣週五下跌 0.8%，落後於其他加密貨幣。這一下降是在美國證券交易委員會 (SEC) 準備就以太坊現貨 ETF 做出決定之際發生的。美國證券交易委員會也正在調查以太坊是否應被歸類為證券，這個名稱可能對其監管處理產生重大影響。

XRP, on the other hand, rose 1.8%, recovering from a one-month low reached earlier this week. However, the outlook for XRP remains uncertain as the SEC's case against Ripple, the company behind the cryptocurrency, is set to proceed in April.

另一方面，XRP 上漲 1.8%，從本週稍早觸及的一個月低點回升。然而，XRP 的前景仍然不確定，因為 SEC 對加密貨幣背後的公司 Ripple 的案件定於 4 月進行。

Overall, the cryptocurrency market remains in a state of flux as investors navigate the complexities of rising interest rates, geopolitical tensions, and regulatory uncertainty. While Bitcoin has shown signs of resilience, its trajectory over the coming months will likely hinge on the broader macroeconomic environment and the actions taken by central banks around the world.

總體而言，隨著投資者應對利率上升、地緣政治緊張局勢和監管不確定性的複雜性，加密貨幣市場仍處於不斷變化的狀態。儘管比特幣已顯示出彈性的跡象，但其未來幾個月的趨勢可能取決於更廣泛的宏觀經濟環境和世界各地央行採取的行動。