隨著美國 - 中國緊張局勢的加劇，投資者尋求避難所的黃金和比特幣

最近的報導表明，中國人民銀行在一個月內為其儲量增加了5噸黃金。

As tensions between the United States and China simmer, investors are seeking refuge in assets that can withstand the storm of global uncertainty. In this evolving landscape, two clear frontrunners are emerging—Gold and Bitcoin. While China continues its aggressive push into gold reserves, Bitcoin is gaining traction as a digital safe haven, with "whale" wallets and institutional interest on the rise.

隨著美國和中國煮的緊張局勢，投資者正在尋求可以承受全球不確定性風暴的資產的庇護。在這種不斷發展的景觀中，有兩名明確的領跑者正在出現 - 戈爾德和比特幣。儘管中國繼續攻入黃金儲量，但比特幣正在成為數字避風港，並帶有“鯨魚”錢包和機構興趣興起。

China Adds Five Tonnes of Gold to Reserves in Less Than a Month

中國在不到一個月的時間內增加了五噸黃金

中國在不到一個月的時間內增加了五噸黃金

Recent reports from the People’s Bank of China (PBOC) reveal the nation's central bank has added five tonnes of gold to its reserves in less than a month, according to a report by CCVX. This quiet but decisive move highlights China's defensive financial stance amid increasing geopolitical and economic volatility.

CCVX的一份報告顯示，中國人民銀行（PBOC）的最新報告顯示，該國的中央銀行在不到一個月的時間內增加了五噸黃金。這一安靜而果斷的舉動強調了中國的防禦性金融立場，而地緣政治和經濟波動不斷增加。

The accumulation comes on the heels of growing trade tensions, particularly after former U.S. President Donald Trump introduced a 245% import tax on Chinese goods, a move that rattled global markets and sent investors scrambling for safe-haven assets.

累積是緊隨貿易緊張局勢的高跟鞋，尤其是在美國前總統唐納德·特朗普（Donald Trump）對中國商品提出245％的進口稅之後，此舉使全球市場震撼了，並使投資者爭先恐後地爭奪安全的資產。

As of May, China's gold reserves stood at 2,050 tonnes, a figure that has been slowly increasing over the past few years. This focus on gold aligns with the nation's broader strategy to reduce reliance on the U.S. dollar and foster greater economic independence.

截至5月，中國的黃金儲量為2,050噸，在過去的幾年中，這個數字一直在慢慢增加。這種專注於黃金的關注與美國更廣泛的戰略相吻合，以減少對美元的依賴並促進更大的經濟獨立性。

Bitcoin: A Digital Safe Haven Amidst Market Turbulence

比特幣：在市場動盪中的數字避風港

比特幣：在市場動盪中的數字避風港

While China amasses gold, Bitcoin has made its own statement in the crypto sphere. Despite market turbulence and macroeconomic uncertainty, the flagship cryptocurrency has held firm above $87,000.

儘管中國積聚了黃金，但比特幣在加密球體中發表了自己的聲明。儘管市場動盪和宏觀經濟的不確定性，但旗艦加密貨幣仍使公司超過87,000美元。

Bitcoin is currently trading at around $90,107.15, with a 3.27% gain in the last 24 hours and showing resilience in the face of pressure, highlighting a growing perception of Bitcoin as a modern alternative to gold.

比特幣目前的交易價格約為90,107.15美元，在過去24小時內增長了3.27％，面對壓力，表現出彈性，強調了對比特幣作為黃金的現代替代品的越來越多。

Data from on-chain analytics firm Glassnode reveals a significant uptick in "whale" activity, with more than 60 new Bitcoin addresses holding 1,000 BTC or more appearing since early March.

自3月初以來，來自鏈分析公司玻璃節點的數據揭示了“鯨魚”活動的顯著增長，其中有60多個新的比特幣地址持有1,000 BTC或更多的出現。

The total number of such wallets has now climbed to 2,100, reaching its highest level in four months. This is a strong indication that high-net-worth individuals and institutional players are growing increasingly confident in Bitcoin's long-term value.

現在，此類錢包的總數已攀升至2,100，在四個月內達到了最高水平。這有很大的跡象表明，高淨值個人和機構參與者對比特幣的長期價值越來越有信心。

Interestingly, this surge in "whale" accumulation coincides with China's own dealings in the crypto space. After seizing 15,000 BTC, worth approximately $1.4 billion, from illegal activities, Chinese authorities are now exploring strategies to manage or dispose of the confiscated assets.

有趣的是，這種“鯨魚”積累的激增與中國在加密貨幣領域的交易相吻合。從非法活動中奪取了15,000個BTC（價值約14億美元）的BTC之後，中國當局現在正在探索管理或處置沒收資產的策略。

Whether this leads to further market supply or state-controlled accumulation remains unclear, but it certainly adds another layer to the crypto-versus-gold debate.

這是導致進一步的市場供應還是國家控制的積累尚不清楚，但它肯定會為加密與金幣辯論增加另一層。

Gold vs. Bitcoin: A Tug-of-War

黃金與比特幣：拔河

黃金與比特幣：拔河

Gold has hit record highs in recent weeks, with prices trading above $3,400. This surge in demand for the precious metal is a direct response to the global economic uncertainty and the potential for inflation.

黃金最近幾週創下了創紀錄的高點，價格交易高於3,400美元。對貴金屬的需求激增是對全球經濟不確定性和通貨膨脹潛力的直接反應。

However, long-time gold advocate and vocal Bitcoin critic Peter Schiff believes that gold's breakout signals the need for interest rate hikes, not cuts.

但是，長期的黃金倡導者和人聲比特幣評論家彼得·希夫（Peter Schiff）認為，黃金的突破表明對利率上升的需求而不是削減。

In a post on X, formerly known as Twitter, Schiff warned that policymakers may be misreading market signals by opting for rate cuts instead of increases.

Schiff在以前稱為Twitter的X上的帖子中警告說，決策者可能會通過選擇削減稅率而不是增加來誤讀市場信號。

"Gold jumping above $3,400 is a clear market signal that the Fed needs to raise interest rates," Schiff wrote. "The Fed will likely ignore gold's warning and cave to pressure. That policy mistake will send gold soaring."

席夫寫道：“高於3,400美元的黃金是一個明顯的市場信號，表明美聯儲需要提高利率。” “美聯儲很可能會忽略黃金的警告和壓力。這一政策錯誤將使黃金飛漲。”

Schiff's warnings come as the global economy faces a triple threat of surging inflation, a looming recession, and the ongoing war in Ukraine. These factors are creating a perfect storm for investors, who are increasingly turning to safe-haven assets.

當全球經濟面臨飆升通貨膨脹，迫在眉睫的衰退和烏克蘭正在進行的戰爭的三重威脅時，席夫的警告就會發出。這些因素為投資者造成了完美的風暴，這些投資者越來越多地轉向安全的資產。

While Schiff remains a staunch supporter of gold, Bitcoin has been carving out its own narrative. Its low correlation to fiat currencies and potential to serve as a hedge against monetary policy missteps are strengthening its appeal among risk-conscious investors.

儘管希夫仍然是黃金的堅定支持者，但比特幣一直在雕刻自己的敘述。它與法定貨幣的相關性較低，並且有潛力作為抵抗貨幣政策失誤的對沖，正在加強其在風險意識的投資者中的吸引力。

What Happens When U.S. Leans Into Crypto and China Reinforces Gold Reserves?

當我們傾向於加密和中國加強黃金儲量時，會發生什麼？

當我們傾向於加密和中國加強黃金儲量時，會發生什麼？

As the U.S. pivots towards cryptocurrency innovation and China reinforces its gold reserves, global capital flows are adjusting accordingly. ETF outflows totaling nearly $5 billion suggest that investors are increasingly moving away from traditional equities and into alternative stores of value.

隨著美國朝著加密貨幣創新和中國增強其黃金儲量的樞紐，全球資本流量正在相應地進行調整。 ETF流出了近50億美元，這表明投資者越來越多地從傳統股票中轉移到價值替代商店。

At the same time, Bitcoin continues to demonstrate strong price stability amid these outflows, hinting at its growing role as a reserve asset. The rise in both Bitcoin and gold prices reflects a market-wide search for safety, driven by geopolitical uncertainty and fractured diplomacy.

同時，在這些流出的情況下，比特幣繼續表現出強勁的價格穩定性，這暗示了其作為儲備資產的越來越多的作用。比特幣和黃金價格的上漲反映了在地緣政治不確定性和破裂外交驅動的市場範圍內尋求安全的搜索。

Despite conflicting headlines regarding China's relationship with Bitcoin—ranging from out-right bans to potential strategic use—the cryptocurrency's own trajectory suggests a maturing market that institutions are beginning to trust.

儘管關於中國與比特幣的關係的頭條矛盾（從外部禁令到潛在的戰略用途），但加密貨幣自己的軌跡表明，機構開始信任的成熟市場。

While gold's historical reputation remains intact, Bitcoin is slowly earning its place alongside it as a credible, digital safe haven

雖然黃金的歷史聲譽仍然完好無損，但比特幣正在慢慢贏得其位置，因為它是一個可靠的數字避風港