新的一年投資者會撤退嗎？美元代幣 [USDC] 供應量飆升至 20 億美元——707 天以來的最高水平，而全球加密貨幣市值下跌 3.49%

歷史暗示會出現回調，但鑑於當前的波動性，崩盤是否可能即將來臨？隨著投資者為了安全而逃往 USDC…

Investors are pulling back from the market en masse as the global crypto market cap fell by 3.49%, reaching $2.38 trillion. However, a closer look at the market reveals a different story.

隨著全球加密貨幣市值下跌 3.49%，達到 2.38 兆美元，投資者紛紛撤離市場。然而，仔細觀察市場就會發現不同的情況。

Despite the market downturn, Bitcoin’s price remained relatively stable above the $100K mark throughout the week. This stability was largely driven by investors seeking refuge in stablecoins, such as USD Coin [USDC], due to the uncertainty in the market.

儘管市場低迷，比特幣價格整週仍相對穩定在 10 萬美元大關之上。這種穩定性主要是由於市場的不確定性而尋求穩定幣（例如美元硬幣 [USDC]）的投資者所推動的。

As a result, the supply of USDC surged to $2 billion, marking its highest level in 707 days. This massive increase, coupled with the influx of investors into USDC, highlighted the fear gripping the market.

USDC 的供應量因此飆升至 20 億美元，創下 707 天以來的最高水準。這一大幅成長，加上投資者湧入 USDC，凸顯了市場的恐懼情緒。

Moreover, the shift into stablecoins also put pressure on institutions to absorb the liquidity. This was evident in MicroStrategy’s two purchases, totaling 3,600 BTC, and BlackRock’s largest Bitcoin purchase of the year, amounting to $600 million in BTC.

此外，向穩定幣的轉變也為機構吸收流動性帶來了壓力。這在 MicroStrategy 的兩次購買（總計 3,600 BTC）以及 BlackRock 年度最大的比特幣購買（總計 6 億美元的 BTC）中得到了體現。

On the other hand, Bitcoin ETFs continued to attract inflows, which helped propel BTC past the $100K mark with institutional support. However, the declining greed signaled a shrinking risk appetite, as investors opted for stablecoins like USDC over Bitcoin, highlighting the debate over Bitcoin’s status as a ‘safe haven.’

另一方面，比特幣ETF持續吸引資金流入，在機構支持下推動比特幣突破10萬美元大關。然而，貪婪的下降預示著風險偏好的萎縮，因為投資者選擇了 USDC 等穩定幣而不是比特幣，這凸顯了關於比特幣作為「避風港」地位的爭論。

In related news, a day before Trump’s swearing-in ceremony, a whopping $818 million in Tether USD (ERC20) coins exited exchanges, marking the largest outflow in a year. This event occurred amidst Trump’s bold policies, which saw investors exercising caution.

相關消息稱，在川普就職典禮前一天，價值高達 8.18 億美元的 Tether USD (ERC20) 代幣退出交易所，創下下一年來最大的流出量。這起事件發生在川普大膽的政策期間，投資人對此持謹慎態度。