自從宣布特朗普的關稅以來

週五，總統呼籲美聯儲主席杰羅姆·鮑威爾（Jerome Powell）降低利率

The threat of a potential recession has loomed large as over $5 trillion was wiped off global stock markets since Trump’s tariffs were announced on April 2, impacting the world’s biggest hedge funds and sparking panic among economists.

自4月2日宣布特朗普的關稅以來，潛在衰退的威脅迫在眉睫，因為超過5萬億美元被抹去了全球股票市場，影響了世界上最大的對沖基金，並引起了經濟學家的恐慌。

As the markets await critical tariff decisions that could decide the fate of the floundering U.S. economy, the president is panicked by the ferocious market reactions.

隨著市場等待關鍵的關稅決定，可以決定陷入困境的美國經濟的命運，總統對兇猛的市場反應感到恐慌。

On Friday, Trump called on Federal Reserve Chairman Jerome Powell to cut interest rates, adding that it’s “the perfect time” to do so on his Truth Social platform.

週五，特朗普呼籲美聯儲主席杰羅姆·鮑威爾（Jerome Powell）降低利率，並補充說，這是在他的真相社交平台上這樣做的“最佳時機”。

However, Powell prefers to remain steady, foreseeing in an interview with the Wall Street Journal on Friday that the aggressive tariffs policy will lead to slower growth and rising inflation.

但是，鮑威爾更喜歡保持穩定，預見到週五對《華爾街日報》採訪時，積極的關稅政策將導致增長速度降低和通貨膨脹率上升。

The tariffs are likely to cause a temporary surge in inflation, which could become more persistent and make it premature to adjust monetary policy without clearer economic signals.

關稅可能會導致通貨膨脹的暫時激增，這可能會變得更加持久，並使在沒有更清晰的經濟信號的情況下調整貨幣政策為時過早。

Some critics (including Trump) argue that Powell is too cautious, potentially missing the window for timely rate cuts.

一些批評家（包括特朗普）認為，鮑威爾太謹慎了，有可能缺少及時削減稅率的窗口。

Trump’s same Truth Social post stated: “He [Jerome Powell] is always ‘late,’ but he could now change his image, and quickly… CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!”

特朗普同樣的事實社會帖子說：“他[杰羅姆·鮑威爾（Jerome Powell）總是'遲到'，但他現在可以改變自己的形象，並迅速……降低利率，杰羅姆（Jerome），停止發揮政治作用！”

But Powell emphasizes that the Fed is not in a hurry and prefers to wait for clearer economic signals before making policy adjustments. This cautious approach is driven by concerns over inflation, a persistent issue he expects to see exacerbated by the tariffs.

但是鮑威爾強調，美聯儲不急於，更喜歡在進行政策調整之前等待更清晰的經濟信號。這種謹慎的方法是由對通貨膨脹的擔憂驅動的，這是他期望對關稅加劇的持續問題。

Despite Trump’s call for immediate action, Powell remains focused on maintaining inflation stability; a stance that might disappoint investors hoping for swift rate reductions.

儘管特朗普呼籲立即採取行動，但鮑威爾仍專注於保持通貨膨脹穩定。一種可能使希望降低利率降低的投資者失望的立場。

The Dow Jones Industrial Average hemorrhaged more than 2,200 points on Friday, adding to the previous day’s decline of 1,679 points to mark the worst two-day performance in history. The Nasdaq and S&P500 also saw their steepest drops since COVID.

道瓊斯工業平均水平在周五的2,200分超過2200點，這增加了前一天的1,679分，以標誌著歷史上最糟糕的兩天表現。納斯達克省和S＆P500也看到了自covid以來最陡峭的跌落。

However, Bitcoin remained largely unaffected by the stock market crashes. At press time, BTC is trading at around $83k, having slightly gained in price over the past 24 hours.

但是，比特幣在很大程度上不受股票市場崩潰的影響。發稿時，BTC的交易價格約為8.3萬美元，在過去的24小時內略微上漲了。

This is in stark contrast to the Dow Jones Industrial Average, which has wiped out all of its returns since March 2024, while Bitcoin has managed to gain around 30 percent in the same period, according to Rajat Soni, a CFA charter holder and Bitcoin and finance analyst.

CFA租賃持有人，比特幣和融資分析師拉賈特·索尼（Rajat Soni）表示，這與道瓊斯工業平均水平（Dow Jones工業平均水平）形成鮮明對比，後者已經消除了其所有回報，而比特幣索尼（Rajat Soni）表示，比特幣在同一時期獲得了約30％的收益。

And Tether CEO Paolo Ardoino simply stated that “Bitcoin is the hedge.”

繫繩首席執行官Paolo Ardoino簡單地說：“比特幣是樹籬。”

As the world hangs by a thread in anticipation of tariff negotiations, retaliations, or rate cuts to avoid a potential economic armageddon, many are maintaining their eyes on Bitcoin, which seems to have shaken off its longstanding correlation with the stock market and other global risk-on assets.

隨著世界因預期的關稅談判，報復或削減稅率而懸而未決，以避免潛在的經濟大決戰，許多人一直在對比特幣保持關注，這似乎已經擺脫了與股票市場和其他全球風險資產的長期相關性。

As the Dow Jones Industrial Average continues to bleed and the U.S. flounders on the brink of a recession, many are looking toward Bitcoin as a potential hedge against the impending economic doom and gloom.

隨著道瓊斯的工業平均水平繼續流血，在經濟衰退的邊緣，美國的比目魚人正在朝著比特幣作為潛在的對沖，以抵抗即將來臨的經濟厄運和憂鬱。

The Dow Jones Industrial Average hemorrhaged more than 2,200 points on Friday, adding to the previous day’s decline of 1,679 points to mark the worst two-day performance in history. The Nasdaq and S&P500 also saw their steepest drops since COVID.

道瓊斯工業平均水平在周五的2,200分超過2200點，這增加了前一天的1,679分，以標誌著歷史上最糟糕的兩天表現。納斯達克省和S＆P500也看到了自covid以來最陡峭的跌落。

However, Bitcoin remained largely unaffected by the stock market crashes. At press time, BTC is trading at around $83k, having slightly gained in price over the past 24 hours.

但是，比特幣在很大程度上不受股票市場崩潰的影響。發稿時，BTC的交易價格約為8.3萬美元，在過去的24小時內略微上漲了。

This is in stark contrast to the Dow Jones Industrial Average, which has wiped out all of its returns since March 2024, while Bitcoin has managed to gain around 30 percent in the same period, according to Rajat Soni, a CFA charter holder and Bitcoin and finance analyst.

CFA租賃持有人，比特幣和融資分析師拉賈特·索尼（Rajat Soni）表示，這與道瓊斯工業平均水平（Dow Jones工業平均水平）形成鮮明對比，後者已經消除了其所有回報，而比特幣索尼（Rajat Soni）表示，比特幣在同一時期獲得了約30％的收益。

And Tether CEO Paolo Ardoino simply stated that “Bitcoin is the hedge.”

繫繩首席執行官Paolo Ardoino簡單地說：“比特幣是樹籬。”

As the world hangs by a thread in anticipation of tariff, retaliation, and rate cuts to avoid a potential economic armageddon, many are maintaining their eyes on Bitcoin, which seems to have shaken off its longstanding correlation with the stock market and other global risk-on assets.

由於世界因預期的關稅，報復和削減速度而懸而未決，以避免潛在的經濟世界末日，因此許多人一直在保持對比特幣的目光，這似乎已經擺脫了與股票市場和其他全球風險資產的長期相關性。

According to Unchained’s Director of Market Research Joe Burnett, now may be one of the best times to build a meaningful bitcoin position.

根據Unchained市場研究總監Joe Burnett的說法，現在可能是建立有意義的比特幣位置的最佳時期之一。

“Trump’s tariffs are here, U.S. equities are crashing, and China is retaliating. Now may be one of the best times to build a meaningful bitcoin position. Not financial advice.”

“特朗普的關稅在這裡，美國股票正在崩潰，中國正在報復。現在可能是建立有意義的比特幣職位的最佳時期之一。不是財務建議。”