比特幣和美國關稅：BTC會成為避風港的資產嗎？

如果您持有一定數量的比特幣，還是打算盡快購買一些比特幣，您一定想知道美國關稅對令人垂涎的加密價格有什麼影響。

If you're a fan of cryptocurrencies, you're likely interested in the impact of US tariffs on the price of Bitcoin. As the value of BTC continues to fluctuate, any government policies that could influence this movement are likely to be of interest to traders and investors.

如果您是加密貨幣的粉絲，那麼您可能對美國關稅對比特幣價格的影響感興趣。隨著BTC的價值繼續波動，任何可能影響這一運動的政府政策都可能引起交易者和投資者的興趣。

Earlier this year, President Donald Trump announced a surprising return to the White House for a second term. This return has been followed by a series of rapid-fire and draconian measures, from eerie promises of mass deportations to a slew of controversial decisions. Among these is the head of the Department of Government Efficiency (DOGE), Elon Musk, who has been keeping traders and investors on a string.

今年早些時候，唐納德·特朗普（Donald Trump）總統宣布了第二任白宮的驚人回歸。從大規模驅逐出境到一系列有爭議的決定，這一收益之後是一系列快速射擊和嚴厲的措施。其中包括政府效率部（DOGE）的負責人埃隆·馬斯克（Elon Musk），他一直在將商人和投資者保留在繩子上。

Pledge to impose 25% tariffs on Canada, Mexico, and 20% on Chinawithin 100 days

承諾對加拿大，墨西哥徵收25％的關稅和Chinawithin的20％100天

Among his campaign promises ahead of the 2024 presidential elections, Trump vowed to impose 25% tariffs on imports from Canada and Mexico, and 20% on those from China in his first 100 days in office. These pledges made Trump one of the most polarising political figures of the 21st century.

在他的競選活動中，在2024年總統大選之前，特朗普發誓要對加拿大和墨西哥的進口徵收25％的關稅，而在他任職的頭100天內，來自中國的進口稅率為20％。這些承諾使特朗普成為21世紀最兩極分化的政治人物之一。

But “tariffs” is not the only “most beautiful word in the English dictionary,” according to the US President. The word “cryptocurrency” is also held dear by the president, who promised to enact a series of deregulation measures aimed at bolstering Bitcoin and altcoins’ value.

但是，據美國總統稱，“關稅”並不是“英語詞典中最美麗的詞”。總統也持有“加密貨幣”一詞，他承諾採取一系列旨在增強比特幣和替代幣價值的放鬆措施。

To this end, he signed an executive order that serves as the foundation for a so-called “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile,” which will include Bitcoin alongside other cryptocurrencies. The funds will be held with digital currencies forfeited to the federal government as part of legal proceedings. According to David Sacks, the White House AI and crypto “czar,” this reserve will be “a digital Fort Knox for the cryptocurrency,” which he likened to the Kentucky military base that stores a significant amount of US gold assets.

為此，他簽署了一項行政命令，為所謂的“戰略比特幣儲備”和“數字資產庫存”提供了基礎，該基金會將包括比特幣以及其他加密貨幣。這些資金將以法律訴訟的一部分被沒收給聯邦政府的數字貨幣持有。戴維·薩克斯（David Sacks）表示，白宮AI和加密“沙皇”（Czar）將是“加密貨幣的數字諾克斯堡”，他將其比作肯塔基州軍事基地，該基地存儲了大量的美國黃金資產。

This statement comes amid a wave of polarising reactions from crypto enthusiasts, some of whom are critical of the government for not taking a bolder stance in accumulating crypto assets. Others, however, have expressed skepticism towards the transparency of the process.

這一說法出現在加密愛好者的兩極分化反應中，其中一些人批評政府沒有採取更大膽的立場來積累加密貨幣資產。然而，其他人則對該過程的透明度表示懷疑。

Sacks has reportedly ordered a complete account of the government’s crypto asset reserves, which he estimated at 200,000 Bitcoin alone. But is that enough to turn Bitcoin into a hedge? The answer to this question is more complex.

據報導，薩克斯已下令對政府的加密資產儲備進行完整的說明，他估計僅比特幣僅為200,000比特幣。但是，這足以將比特幣變成樹籬嗎？這個問題的答案更為複雜。

The launch of Trump's name meme-coins $TRUMP and $MELANIA just before inauguration day sparked amusement in the industry. However, Danny Scott, CEO of CoinCorner, expressed his thoughts, stating, "Trump's comments about not knowing much about the coin back up my opinion that he is making a mockery of the industry. It's a stunt."

在就職日之前，特朗普的名字Meme-Coins $ Trump和$ Melania引發了該行業的娛樂。但是，Concorner的首席執行官丹尼·斯科特（Danny Scott）表示：“特朗普對硬幣不了解我的意見，我認為他正在嘲笑這個行業。這是一個特技。”

This hazy background contrasts somewhat with the potential impact of the US tariffs on cryptocurrencies, specifically Bitcoin. Assuming that Donald Trump completes his tariffs’ mandate, immigration policies and tax cuts, inflation could rise rapidly.

這種朦朧的背景與美國關稅對加密貨幣（特別是比特幣）的潛在影響形成鮮明對比。假設唐納德·特朗普（Donald Trump）完成了關稅的授權，移民政策和減稅，則通貨膨脹可能會迅速上升。

But this type of inflation will not be a positive sign at all. For example, the cost of German motor vehicles in the US would surge, rushing Americans to open their wallets before the tariffs are enforced. This upsurge in consumer spending could temporarily drive retail sales higher, creating an artificial sense of economic growth.

但是這種類型的通脹根本不是一個積極的跡象。例如，在美國，德國機動車的費用將激增，急於在徵收關稅之前打開錢包。消費者支出的增長可能會暫時推動零售銷售，從而產生人為的經濟增長感。

The early signs of this were seen in December 2024, when the consumer price index (CPI) rose at an annual rate of 2.9%, backed by a lower core inflation. Cryptocurrencies, which unlike safe-haven gold, have a growth component that makes them inherently more sensitive to economic shifts such as inflation spikes and tariffs. And Bitcoin is no exception.

早期的跡像是在2024年12月，當時消費者價格指數（CPI）的年薪為2.9％，並得到較低的核心通貨膨脹的支持。與避行黃金不同的加密貨幣具有增長成分，使它們對通貨膨脹率和關稅等經濟轉變的固有更加敏感。比特幣也不例外。

Driven up by 2% as the US CPI data sent mixed inflation signals across markets, Bitcoin surged $1,500 to $98,000 in 24 hours in December 2024. Because of its nature, many investors and traders consider Bitcoin a commodity. From this perspective, it’s worth exploring the effect of the recently vehiculated US tariffs on Bitcoin and the broader crypto market.

隨著美國CPI數據在整個市場上發出混雜的通貨膨脹信號，比特幣在2024年12月24小時內飆升了1,500至98,000美元。由於其性質，許多投資者和商人認為比特幣是商品。從這個角度來看，值得探索最近有力的美國關稅對比特幣和更廣泛的加密市場的影響。

Near-term, tariffs may hurt Bitcoin’s and the crypto market’s performance, precisely because of its inherent growth-driven characteristic. This is evident in its recent price action. As fear gripped the financial markets, Bitcoin hit a 4-month low amid a massive crypto market sell-off.

近期，關稅可能會傷害比特幣和加密貨幣市場的性能，這正是由於其固有的增長驅動的特徵。這在最近的價格行動中很明顯。隨著恐懼席捲金融市場，比特幣在巨大的加密貨幣市場拋售中達到了4個月的低點。

The crypto market reached a staggering $1 billion in liquidations in the space of 24 hours (between March 10 and March 11), making many traders bail out of their positions. Bitcoin and Ethereum, the largest cryptocurrencies by market capitalisation, were the biggest losers of this downturn.

加密貨幣市場在24小時（3月10日至3月11日之間）的空間中達到了驚人的10億美元清算，使許多交易者逃脫了自己的職位。比特幣和以太坊是市場資本化最大的加密貨幣，是這種低迷的最大失敗者。

The main reason behind this mind-blowing price drop is the large movement of cryptocurrency by key players. Mt. Gox, the not-long-ago dominant crypto exchange, transferred tens of thousands of Bitcoin as it settles debts, triggering sell

這種令人震驚的價格下跌背後的主要原因是主要參與者的加密貨幣大幅移動。戈克斯山（Mt. Gox）是不久前的統治加密交易所