特朗普的比特幣策略庫存公告削減了市場

前一天，比特幣上漲至$ 95000，但一天之內就跌至80000美元。比特幣曾經跌至82467.24美元。

U.S. President Donald Trump's announcement that his administration will begin a strategic stockpile of five virtual assets, including Bitcoin, has sparked a strong reaction in the market, with the price of Bitcoin falling sharply by 9% in a single day.

美國總統唐納德·特朗普（Donald Trump）宣布，他的政府將開始通過包括比特幣在內的五個虛擬資產的戰略庫存，在市場上引發了強烈的反應，比特幣的價格在一天內急劇下降了9％。

According to CoinMarketCap on the 4th, Bitcoin is currently trading at $83,861.58, showing a decrease of 9.49% over the past 24 hours.

根據CoinMarketCap在4日的數據，比特幣目前的交易價格為83,861.58美元，在過去24小時內下降了9.49％。

Bitcoin had reached the $95,000 level the previous day, but with the announcement of the strategic stockpile and the subsequent impact on the derivatives market, it plunged to the $80,000 range. At one point, the price touched $82,467.24.

比特幣在前一天達到了95,000美元的水平，但是隨著戰略庫存的宣布以及隨後對衍生品市場的影響，它跌至80,000美元。有一次，價格觸及了82,467.24美元。

The Bitcoin Fear Greed Index by Alternative also fell from 33 the previous day to 15 on the 4th.

替代品的比特幣恐懼貪婪指數也從前一天的33降至第四名。

The index, which remained in the "extreme fear" section last week, recovered to the "horror" section with President Trump's announcement, but it seems to have decreased again with the increase in market uncertainty.

該指數上周保留在“極端恐懼”部分中，隨著特朗普總統宣布的消息，該指數恢復了“恐怖”部分，但隨著市場不確定性的增加，該指數似乎再次減少。

With the decrease in the price of Bitcoin, there has been a massive liquidation of long positions in the derivatives market.

隨著比特幣價格的降低，在衍生品市場中佔據了很大的清算。

According to CoinGlass, as of 08:00 on the 4th, Bitcoin's long positions have been liquidated by $931.87 million in the past 24 hours.

根據Coinglass的說法，截至4日08:00，在過去24小時內，比特幣的長位置已清算了9.3187億美元。

The liquidation of long positions in the derivatives market is a factor that can further accelerate the downward movement of Bitcoin prices.

在衍生品市場中長期立場的清算是一個可以進一步加速比特幣價格下降的因素。

On the other hand, altcoins, which were also included in President Trump's strategic stockpile plan, also showed a steeper decline compared to Bitcoin.

另一方面，與比特幣相比，特朗普總統的戰略股票計劃中也包括在戰略庫存計劃中的Altcoins也急劇下降。

Ethereum is currently down 14.42% at $2,085.94, which is a lower price compared to before President Trump's announcement of the strategic stockpile.

以太坊目前下跌了14.42％，至2,085.94美元，與特朗普總統宣布戰略股票之前相比，價格較低。

In particular, the price ratio of Ethereum to Bitcoin has fallen to 0.02485, reaching the lowest level in about five years since June 2020.

特別是，以太坊與比特幣的價格比已降至0.02485，自2020年6月以來五年內達到了最低水平。

The ratio has been steadily decreasing since Ethereum switched to Proof of Stake (PoS), and it seems to have fallen further due to the recent widening price gap with Bitcoin.

自以太坊改用股份證明（POS）以來，該比率一直在穩步下降，並且由於最近與比特幣的價格差距擴大，似乎進一步下降了。

Bitcoin Dominance has risen by about 5.76% this year, according to TradingView.

根據TradingView的數據，今年比特幣的優勢在今年增長了約5.76％。

Along with Bitcoin and Ethereum, 'U.S. Coin', which was considered a strategic stockpile target, also plunged.

與比特幣和以太坊一起，被認為是戰略性庫存目標的“美國硬幣”也陷入了困境。

XRP and Solana have plummeted 17.51% and 20.13% to trade at $2.30 and $135.92, respectively.

XRP和Solana分別以2.30美元和135.92美元的價格下降了17.51％和20.13％。

Cardano (ADA), which surged the previous day, has decreased by 25.20% to $0.7980.

前一天激增的Cardano（ADA）下降了25.20％，至0.7980美元。

President Trump's implementation of tariff policies is being cited as the reason why virtual assets have turned weak in a day.

特朗普總統對關稅政策的執行被認為是虛擬資產在一天之內變得虛弱的原因。

President Trump said on the 3rd (local time) that he would impose 25% tariffs on Canada and Mexico as planned and also signed an executive order to apply a 20 percentage point tariff increase to China, thereby increasing the tariff rate by 10 percentage points.

特朗普總統在第三屆（當地時間）表示，他將按計劃對加拿大和墨西哥徵收25％的關稅，並簽署了一項行政命令，以將20個百分點的關稅提高到中國，從而將關稅利率提高了10個百分點。

"Trump's announcement of his Bitcoin strategy stockpile is significant, but the reason why expectations for this have faded is that the market seems to have quickly declined due to bad macros such as tariff policies," explained Choi Yoon-young, head of the Covit Research Center.

Coi Yoin-Yoon Yoon Yoon Yoon Yoon Yoon Yoon Yoon Yoon Yoon解釋說：“特朗普宣布他的比特幣戰略庫存是重要的，但對此期望的期望已經消失的原因是，由於諸如關稅政策之類的不良宏觀，市場似乎很快下降了。”

"In the future, policy issues and macros are expected to affect the market price of virtual assets with two tracks."

“將來，政策問題和宏有望用兩條曲目影響虛擬資產的市場價格。”

However, there are concerns in the market about whether Trump will really be able to implement the Bitcoin strategy stockpile.

但是，市場上人們擔心特朗普是否真的能夠實施比特幣戰略庫存。

Especially, there is a lot of opposition to the decision to include altcoins, not Bitcoin, in the strategic reserve.

尤其是，在戰略儲備中包括替代幣而不是比特幣的決定有很大的反對。

Bernstein researchers pointed out in a report on the 3rd (local time) that "it would be possible to persuade Congress with the logic of readjusting the gold strategic reserve because Bitcoin is digital gold."

伯恩斯坦研究人員在關於第三（當地時間）的報告中指出：“可以說服國會以重新調整黃金戰略儲備的邏輯，因為比特幣是數字黃金。”

They added, "It seems difficult for Congress to accept the idea of stockpiling other virtual assets using U.S. Federal Reserve funds or state funds."

他們補充說：“國會似乎很難接受使用美國美聯儲基金或州資金庫存其他虛擬資產的想法。”

At the same time, there are concerns about conflicts of interest of David Sax, White House Virtual Assets Policy Director (Crypto Tsar).

同時，人們擔心白宮虛擬資產政策總監（加密省）的利益衝突。

This is because Kraft Ventures, where Sax remains a partner, is investing in Bitwise, which has released financial products related to virtual assets.

這是因為卡夫（Kraft）冒險公司（Sax）仍然是合作夥伴，他正在對Bitwise進行投資，該公司已發布了與虛擬資產有關的金融產品。

Kraft Ventures has been investing in Bitwise since 2017. It is still showing Bitwise in its portfolio.

自2017年以來，Kraft Ventures一直在Bitwise投資。它仍在其投資組合中顯示位。

In response to the controversy, Sax stated in his X post that he sold all of his virtual assets, including Bitcoin, Ethereum, and Solana, before taking office.

為了應對這一爭議，薩克斯在他的X帖子中說，他出售了所有虛擬資產，包括比特幣，以太坊和索拉納，然後上任。

However, even if he did not personally hold any virtual assets, some say that Kraft Ventures has a stake in virtual asset startups, so he

但是，即使他沒有親自持有任何虛擬資產，有些人說Kraft Ventures在虛擬資產初創公司中有股份，因此他