聯準會理事沃勒暗示 2025 年多次降息，比特幣價格停滯在 10 萬美元附近

寬鬆的前景可能會提振傳統資產，但也引發了對加密貨幣未來方向的疑問。

Federal Reserve Governor Christopher Waller warned on Friday that multiple interest rate cuts might be done in 2025 as cooling inflation and a slowing economy might have captured more attention than the surprising strength of Bitcoin, which continues to hover around the $100,000 mark despite the broader market dynamics.

聯準會理事克里斯托弗沃勒(Christopher Waller) 週五警告稱，2025 年可能會進行多次降息，因為通膨降溫和經濟放緩可能比比特幣的驚人強勢更受關注，儘管市場動態較大，但比特幣仍持續徘徊在10 萬美元大關附近。

Speaking at an economic forum, Waller stressed that the Federal Reserve would try to ensure a balance between economic recovery and control of inflation.

沃勒在經濟論壇上發表演說時強調，聯準會將努力確保經濟復甦和控制通膨之間的平衡。

“Now we are seeing the inflation rate moving towards the 2% target and the economy showing signs of softening,” Waller said. “But these trends show resiliency going forward, then we might see a case for adjustment of the rates to find a balance between growth and inflation.”

沃勒表示：“現在我們看到通膨率正向 2% 的目標邁進，經濟也顯示出疲軟的跡象。” “但這些趨勢顯示出未來的彈性，那麼我們可能會看到調整利率以在增長和通膨之間找到平衡的理由。”

Economic backgroundAfter a series of aggressive interest rate increases that the Fed effected because of the dramatically ballooning inflation rates right from 2022 to 2023, the Federal Reserve developed a more cautious approach in 2024. The most recent data that was referring to inflation is showing that these hikes might have somewhat moderated that threatening inflation while it is indicated now that job growth and consumer spending have started to slow down.

經濟背景由於 2022 年至 2023 年通膨率急劇上升，聯準會實施了一系列激進的升息政策，之後聯準會在 2024 年採取了更為謹慎的做法。一定程度上緩解通貨膨脹的威脅，而現在有跡象顯示就業成長和消費者支出已開始放緩。

Strategic changesWaller's statements fit a general expectation that the Fed could start a series of cuts on the interest rates in the second quarter of 2025. Consequently, analysts predict investor confidence that cuts contained could relieve borrowers and drive growth investment, but personal concerns over premature easing continue.

策略變化沃勒的聲明符合聯準會可能在2025年第二季開始一系列降息的普遍預期。的擔憂繼續。

Bitcoin Standing OutOn the one hand, one side of all the mainstream asset classes is preparing for a buzz as to what possible changes it could face with the rates, and on the other hand, there are the cryptocurrencies that remained mostly balanced about $100,000 the other day, around which what other assets are always leveled awaiting a groundswell of transactions. The seeming stability flies in the face of all the otherwise hectic frenzies that have marked the holding of the value.

比特幣脫穎而出一方面，所有主流資產類別中的一方面正在準備迎接可能面臨的利率變化，另一方面，加密貨幣的價格基本上保持在 100,000 美元左右。激增。表面上的穩定與所有其他標誌著該價值持有的忙碌瘋狂背道而馳。

“Bitcoin's performance near $100,000 shouts the maturity in the financial asset category,” said Benjamin Cowen, a historic crypto strategist from such a financial technology company. “Investors are increasingly looking at it as a lighthouse, a substrate safe from evils during rough economic times.”

「比特幣接近 10 萬美元的表現標誌著金融資產類別的成熟，」來自此類金融科技公司的歷史加密貨幣策略師 Benjamin Cowen 表示。 “投資者越來越多地將其視為一座燈塔，一個在經濟困難時期免受邪惡侵害的基質。”

Extensive explanationWaller's comments and Bitcoin's stability highlight an important alarm for global financial markets. The prospect of devaluation may boost traditional assets, but it also raises questions about the future direction of cryptocurrencies.

廣泛解釋沃勒的言論和比特幣的穩定性為全球金融市場敲響了重要的警鐘。貶值的前景可能會提振傳統資產，但也引發了人們對加密貨幣未來方向的疑問。

“Lower prices can bring money into the economy, helping riskier assets like stocks and cryptocurrencies,” but the long-term effects, said Anna Wong, an economist at a leading Wall Street firm, “depend on whether these policies effectively support sustainable growth without further stimulating inflation.”

華爾街一家領先公司的經濟學家安娜·王(Anna Wong)表示，“較低的價格可以為經濟帶來資金，幫助股票和加密貨幣等風險較高的資產”，但長期影響“取決於這些政策是否能有效支持可持續增長，而無需擔心”。進一步刺激通脹。”

The Federal Reserve’s decision will be closely watched in the coming months, not only for its impact on traditional markets but also for how it shapes the narrative surrounding Bitcoin and other digital assets.

未來幾個月，聯準會的決定將受到密切關注，不僅因為它對傳統市場的影響，還因為它如何塑造圍繞比特幣和其他數位資產的敘事。

Looking aheadAs policymakers weigh the risks and rewards of economic moderation, bitcoin's performance near $100K is a barometer of its growing role in the global economy. Whether the Federal Reserve's anticipated rate cuts will further boost bitcoin or change investor sentiment remains to be seen.

展望未來當政策制定者權衡經濟放緩的風險和回報時，比特幣接近 10 萬美元的表現是其在全球經濟中日益增長的作用的晴雨表。聯準會預期的降息是否會進一步提振比特幣或改變投資者情緒仍有待觀察。

For now, the interplay between financial systems and cryptocurrency markets continues to capture the attention of investors worldwide, providing a glimpse into the future of finance in an increasingly digital age.

目前，金融體系和加密貨幣市場之間的相互作用繼續吸引全球投資者的關注，讓我們得以一窺日益數位化時代的金融未來。