加密市場穩步穩步

BTC的謙虛週六收益有助於穩定更廣泛的加密貨幣市場，該市場增長了1.01％，總市值達到了3.14萬億美元。

Crypto Market Steadies amid Trump Tariff Threats, Impact on BTC Demand

在特朗普關稅威脅，對BTC需求的影響下，加密貨幣市場穩步

BTC price showed a modest gain on Saturday, helping to stabilize the broader crypto market. Overall, the market experienced a slight uptick, with a 1.01% increase in value. This brought the total market cap to $3.14 trillion.

BTC價格在周六顯示出適度的收益，有助於穩定更廣泛的加密市場。總體而言，市場經歷了輕微的增長，價值增長了1.01％。這使總市值達到了3.14萬億美元。

However, cryptocurrencies faced an ongoing challenge as geopolitical risk and uncertainty surrounding the Federal Reserve's (Fed) interest rate path continued to impact demand for BTC. Notably, US President Donald Trump's ongoing tariff threats remained a headwind in the crypto market.

但是，由於美聯儲（美聯儲）利率路徑的地緣政治風險和不確定性繼續影響BTC的需求，加密貨幣面臨著持續的挑戰。值得注意的是，美國總統唐納德·特朗普（Donald Trump）持續的關稅威脅仍然是加密貨幣市場的逆風。

If implemented, these tariffs would increase import duties, potentially heightening inflationary pressures. A spike in inflation could compel the Fed to maintain a more hawkish stance, which would likely weigh on demand for BTC.

如果實施，這些關稅將增加進口關稅，潛在地增加通貨膨脹壓力。通貨膨脹的尖峰可能會迫使美聯儲保持更鷹派的立場，這可能會根據BTC的需求權衡。

Earlier this week, Trump spooked global markets by threatening to impose sweeping tariffs on automobiles, semiconductor chips, and pharmaceuticals. Significantly, these tariffs could trigger a full-blown US-China trade war, which would undoubtedly impact the global economy.

本週早些時候，特朗普威脅要對汽車，半導體芯片和藥品徵收全球市場。值得注意的是，這些關稅可能會引發一場全面的美國 - 中國貿易戰，這無疑會影響全球經濟。

Since Trump's initial threat of tariffs on Canada, China, and Mexico, BTC price has dropped from $105,993, reaching a February low of $91,274 before steadering.

自從特朗普最初對加拿大，中國和墨西哥的關稅威脅以來，BTC價格從105,993美元下降，在穩定之前，價格達到了2月的91,274美元。

Meanwhile, in the US BTC-spot ETF market, recent developments in US tariffs and signals from the Fed impacted the scene. The market logged outflows of $552.5 million in the week ending February 21 (previous week: -$580.2 million).

同時，在美國BTC-SPOT ETF市場中，美國關稅和美聯儲信號的最新發展影響了現場。截至2月21日的一周（上週：-5.802億美元）的一周中，市場記錄了5.525億美元的流出。

According to data from Farside Investors, here are the key flow highlights for the week ending February 21:

根據Farside Investors的數據，以下是截至2月21日的一周的關鍵流程：

* BTC spot ETF outflows hit a four-week low.

* BTC斑點ETF流出率達到了四周的低點。

* Total outflows from BTC spot ETFs since March 2022 now stand at $1.02 billion.

*自2022年3月以來，BTC現貨ETF的總流出目前為10.2億美元。

* Outflows from Grayscale's BTC Trust (NYSE: GBTC) and ProShares Trust II (NYSE: BITO) led the outflows.

*從Grayscale的BTC Trust（NYSE：GBTC）和Proshares Trust II（NYSE：BITO）流出了流出。

* Meanwhile, inflows into the Valkyrie XBTO Trust (NASDAQ: VOO) and VanEck Trust largely offset the outflows.

*同時，流入Valkyrie XBTO Trust（NASDAQ：VOO）和Vaneck Trust很大程度上抵消了流出。

* Outflows from BTC spot ETFs began in February, following a seven-week period of inflows.

*在七個星期的流入期間，BTC斑點ETF的流出始於2月。

* BTC spot ETF outflows may dampen demand for BTC further as investors await new price catalysts.

*隨著投資者在等待新的價格催化劑，BTC現場ETF流出可能會進一步削弱對BTC的需求。