強勁的美國就業數據削弱了降息預期，比特幣大幅波動

比特幣價格跌至每比特幣 92,000 美元左右，重啟了本週早些時候因擔心比特幣價格暴跌而失去動力的拋售。

Bitcoin dropped to around $92,000 per bitcoin on Friday as U.S. jobs data sparked a sell-off in bitcoin, crypto and stocks after slashing expectations of Federal Reserve interest rate cuts this year.

週五，由於美國就業數據大幅削減了聯準會今年降息的預期，引發了比特幣、加密貨幣和股票的拋售，比特幣價格週五跌至每比特幣 92,000 美元左右。

The bitcoin price had recovered from a sell-off earlier this week that saw the bitcoin price drop to around $91,500 per bitcoin amid fears of a looming bitcoin price crash.

比特幣價格已從本週稍早的拋售中恢復過來，由於擔心比特幣價格暴跌迫在眉睫，比特幣價格跌至每比特幣約 91,500 美元。

But, as Tesla billionaire Elon Musk issued a surprise bitcoin price warning, crypto traders were left to assess what the latest changes to Fed rate cut expectations meant for the bitcoin price.

但是，隨著特斯拉億萬富翁伊隆馬斯克出人意料地發出比特幣價格警告，加密貨幣交易員只能評估聯準會降息預期的最新變化對比特幣價格意味著什麼。

Bitcoin dropped to around $92,000 per bitcoin on Friday as U.S. jobs data sparked a sell-off.© Getty Images

由於美國就業數據引發拋售，比特幣價格週五跌至每比特幣約 92,000 美元。

The U.S. economy added 256,000 jobs in December, the biggest monthly increase since March, smashing expectations of 155,000 new jobs. The unemployment rate fell to 4.1%.

美國經濟12月新增就業人數25.6萬個，創3月以來最大單月增幅，超出預期的15.5萬個新增就業機會。失業率降至4.1%。

The latest data has reinforced the Federal Reserve’s case for holding interest rates steady after cutting them by a full percentage point through 2024, with traders previously betting the interest rate would continue to fall through 2025.

最新數據強化了聯準會在 2024 年之前將利率下調整整一個百分點後維持利率穩定的理由，交易員此前押注利率將在 2025 年之前繼續下降。

Expectations for higher-for-longer U.S. interest rates also sent bond yields sharply higher, with the 10-year U.S. Treasury yield spiking to its highest level since late 2023 and weighing on equities as the lure of higher returns on bonds makes stocks and risk assets like bitcoin and crypto less attractive.

對美國利率持續走高的預期也導致債券收益率大幅走高，10年期美國國債收益率飆升至2023年底以來的最高水平，並打壓股市，因為債券更高回報的誘惑令股票和風險資產承壓。像比特幣和加密貨幣這樣的吸引力較小。

Bitcoin dropped to around $92,000 per bitcoin on Friday as U.S. jobs data sparked a sell-off in bitcoin, crypto and stocks after slashing expectations of Federal Reserve interest rate cuts this year.

週五，由於美國就業數據大幅削減了聯準會今年降息的預期，引發了比特幣、加密貨幣和股票的拋售，比特幣價格週五跌至每比特幣 92,000 美元左右。

The bitcoin price had recovered from a sell-off earlier this week that saw the bitcoin price drop to around $91,500 per bitcoin amid fears of a looming bitcoin price crash.

比特幣價格已從本週稍早的拋售中恢復過來，由於擔心比特幣價格暴跌迫在眉睫，比特幣價格跌至每比特幣約 91,500 美元。

But, as Tesla billionaire Elon Musk issued a surprise bitcoin price warning, crypto traders were left to assess what the latest changes to Fed rate cut expectations meant for the bitcoin price.

但是，隨著特斯拉億萬富翁伊隆馬斯克出人意料地發出比特幣價格警告，加密貨幣交易員只能評估聯準會降息預期的最新變化對比特幣價格意味著什麼。

Bitcoin dropped to around $92,000 per bitcoin on Friday as U.S. jobs data sparked a sell-off.© Getty Images

由於美國就業數據引發拋售，比特幣價格週五跌至每比特幣約 92,000 美元。

The U.S. economy added 256,000 jobs in December, the biggest monthly increase since March, smashing expectations of 155,000 new jobs. The unemployment rate fell to 4.1%.

美國經濟12月新增就業人數25.6萬個，創3月以來最大單月增幅，超出預期的15.5萬個新增就業機會。失業率降至4.1%。

The latest data has reinforced the Federal Reserve’s case for holding interest rates steady after cutting them by a full percentage point through 2024, with traders previously betting the interest rate would continue to fall through 2025.

最新數據強化了聯準會在 2024 年之前將利率下調整整一個百分點後維持利率穩定的理由，交易員此前押注利率將在 2025 年之前繼續下降。

Expectations for higher-for-longer U.S. interest rates also sent bond yields sharply higher, with the 10-year U.S. Treasury yield spiking to its highest level since late 2023 and weighing on equities as the lure of higher returns on bonds makes stocks and risk assets like bitcoin and crypto less attractive.

對美國利率持續走高的預期也導致債券收益率大幅走高，10年期美國國債收益率飆升至2023年底以來的最高水平，並打壓股市，因為債券更高回報的誘惑令股票和風險資產承壓。像比特幣和加密貨幣這樣的吸引力較小。

"There is a risk that bitcoin dips below $92,000 again, which could worsen bitcoin’s technical sentiment and the price may extend its loss to as low as $80,000," Yuya Hasegawa, bitcoin and crypto market analyst with Tokyo-based Bitbank, said in emailed comments.

東京Bitbank 比特幣和加密貨幣市場分析師Yuya Hasekawa 在電子郵件評論中表示，「比特幣存在再次跌破92,000 美元的風險，這可能會惡化比特幣的技術情緒，價格可能會將損失擴大至低至80,000 美元” 。

"This week saw an aggressive sell-off in bitcoin price from the $103,000 high down to $91,500," John Glover, the chief investment officer of crypto lending platform Ledn, said in emailed comments, adding there could be a dip to between $80,000 to $85,000 if support above $90,000 fails.

加密借貸平台Ledn 的首席投資官約翰·格洛弗(John Glover) 在電子郵件評論中表示：「本週，比特幣價格從103,000 美元的高位大幅下跌至91,500 美元。」他補充說，比特幣價格可能會跌至80,000 美元至85,000 美元之間。

While many bitcoin and crypto traders are nervously eyeing the short-term outlook for the bitcoin price and crypto market, others are confident a downturn will be short-lived.

儘管許多比特幣和加密貨幣交易者都在緊張地關注比特幣價格和加密貨幣市場的短期前景，但其他人則相信低迷將是短暫的。

The bitcoin price has dropped back from its recent peak but remains far higher than where it was a year ago.

比特幣價格已從最近的高峰迴落，但仍遠高於一年前的水平。

"With president Donald Trump’s inauguration just 10 days away, volatility is likely to persist across markets," Ryze analysts said, adding: "Short-term challenges notwithstanding, bitcoin's structural drivers—such as institutional adoption and increasing integration into the global financial system—continue to support a bullish outlook for 2025."

Ryze 分析師表示：「距離唐納德·川普總統就職典禮僅剩10 天，整個市場的波動可能會持續存在。」他補充說：「儘管存在短期挑戰，但比特幣的結構性驅動因素——例如機構採用和日益融入全球金融體系—繼續支持 2025 年的看漲前景。

Others have, however, remained bullish following the latest U.S. economic data, predicting the outlook could boost the bitcoin price.

然而，在美國最新經濟數據公佈後，其他人仍然看漲，預測前景可能會提振比特幣價格。

"This favorable economic backdrop serves as a significant tailwind for bitcoin, which tends to thrive in an environment of growing investor confidence," Matt Mena, crypto research strategist at bitcoin and crypto investment company 21Shares, said in emailed comments, pointing to "market sentiment firmly in risk-on mode" which could

比特幣和加密貨幣投資公司21Shares 的加密貨幣研究策略師Matt Mena 在電子郵件評論中表示：「這種有利的經濟背景對比特幣來說是一個重要的推動力，比特幣往往會在投資者信心在不斷增強的環境中蓬勃發展。