儘管市場進行了糾正，但大多數分析師都希望加密牛週期持續到2025年底

儘管大多數分析師都希望加密牛週期持續到2025年底，但人們擔心美國的經濟衰退

Cryptocurrency prices may still be threatened by an economic recession in the United States, along with crypto’s “circular” economy, despite recent gains and a strong bull cycle, according to several industry figures.

根據幾種行業數字，儘管最近的上漲和強勁的公牛週期，但加密貨幣價格仍可能受到美國經濟衰退的威脅。

Most crypto analysts anticipate the bull cycle to continue until the third quarter of 2025, with Bitcoin (BTC) price predictions ranging from $160,000 on Chainalysis to above $180,000 from Standard Chartered.

大多數加密分析師預計，牛週期將持續到2025年第三季度，比特幣（BTC）的價格預測範圍從鏈條分析的160,000美元到超過180,000美元的$ 180,000。

However, despite the recent market correction, which saw around $219 billion in stablecoin supply added in the past three months, signals a mid-bull cycle rather than a market top, according to Binance Research.

然而，儘管最近的三個月中，最近的市場更正了，但在過去三個月中增加了約2190億美元的Stablecoin供應，但標誌著中型週期而不是市場頂部。

DeFi protocols are still very much in search of grounding- Arthur Breitman, co-founder of Tezos

Defi協議仍在尋找接地 - Arthur Breitman，Tezos的聯合創始人

While several crypto analysts, such as those at Chainalysis and Standard Chartered, expect the crypto bull cycle to continue until the end of 2025, concerns over an economic recession in the United States, along with crypto’s “circular” nature, may still threaten crypto valuations.

儘管有幾位加密分析師（例如鍊分析和標準租用的標準分析師）期望加密牛週期持續到2025年底，但對美國經濟衰退的擔憂，以及加密貨幣的“循環”性質，仍可能威脅到加密貨幣的估值。

Most crypto analysts expect the bull cycle to peak after the third quarter of 2025, with BTC price predictions ranging from $160,000 on Chainalysis to above $180,000 from Standard Chartered.

大多數加密分析師預計，公牛週期在2025年第三季度之後達到頂峰，而BTC價格預測範圍從鏈條分析的160,000美元到超過180,000美元的$ 180,000。

However, despite the recent market correction, which saw around $219 billion in stablecoin supply added in the past three months, signals a mid-bull cycle rather than a market top, according to Binance Research.

然而，儘管最近的三個月中，最近的市場更正了，但在過去三個月中增加了約2190億美元的Stablecoin供應，但標誌著中型週期而不是市場頂部。

Solana outflows. Source: deBridge, Binance Research

索拉納流出。資料來源：DeBridge，Binance Research

Solana was hit by over $485 million worth of outflows in February after the recent wave of memecoin rug pulls triggered an investor flight to “safety,” with some of the capital flowing into memecoins on the BNB Chain, such as the Broccoli memecoin, inspired by the Changpeng Zhao’s dog.

在最近的Memecoin地毯拉動浪潮引發了投資者飛往“安全”之後，索拉納（Solana）在2月的流出量超過4.85億美元，其中一些資本流入了BNB鏈上的Memecoins，例如BROCCOLI MEMECOIN，例如Changpeng Zhao的狗的啟發。

Related: Rising $219B stablecoin supply signals mid-bull cycle, not market top

相關：上升$ 219B Stablecoin供應信號中期週期，不是市場頂部

US recession fears are crypto’s biggest external risk: Tezos co-founder

美國經濟衰退的擔憂是加密貨幣的最大外部風險：Tezos聯合創始人

Beyond industry-specific events, larger macroeconomic concerns, including a potential US recession, threaten traditional and cryptocurrency markets.

除了特定於行業的事件之外，更大的宏觀經濟問題，包括潛在的美國衰退，威脅著傳統和加密貨幣市場。

“In terms of macro events, I still think we could see a recession,” said Breitman, adding:

布雷特曼說：“就宏觀事件而言，我仍然認為我們可以看到經濟衰退。”

Cryptocurrency markets still trade in significant correlation with tech stocks, meaning that a recession will cause a widespread sell-off, he added.

他補充說，加密貨幣市場仍與技術股票顯著相關，這意味著經濟衰退將導致廣泛的拋售。

Related: Libra, Melania creator’s ‘Wolf of Wall Street’ memecoin crashes 99%

相關：天秤座，梅拉尼亞創作者的“華爾街狼”紀念物墜毀99％

The current trade war concerns, driven by US President Donald Trump’s import tariffs and continued retaliatory measures, have reignited concerns over a potential recession.

美國總統唐納德·特朗普（Donald Trump）的進口關稅和繼續進行報復措施驅動的當前貿易戰爭問題已重新激發了人們對潛在衰退的擔憂。

Over 40% of market participants expect a recession in the US this year, up from just 22% a month ago on Feb 17, according to the largest decentralized predictions market, Polymarket.

根據最大的分散預測市場PolyMarket，超過40％的市場參與者預計今年在美國的衰退，這一數字從一個月前的22％到2月17日。

Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why

雜誌：加密迷迷上了長壽和生物黑客：這就是為什麼