美國總統唐納德·特朗普（Donald Trump）為“加密”歷史上最糟糕的地區之一做出了貢獻

美國總統唐納德·特朗普（Donald Trump）為“加密”歷史上最糟糕的地區之一做出了貢獻，即使是他最堅定的加密捍衛者，也有買家的re悔。

The first quarter of the year saw one of the worst-performing periods in recent ‘crypto’ history, with even some of President Donald Trump’s staunchest crypto defenders having buyer’s remorse.

今年第一季度，最近“加密”歷史上最糟糕的時期之一，即使是唐納德·特朗普總統最堅定的加密守衛者也有買家的re悔。

After the stock market tanked last week following Trump’s imposition of steep economic tariffs, crypto bros like Gemini co-founder Tyler Winklevoss pointed to the BTC token’s deviation from this downward spiral as proof that BTC had finally decoupled from its link to other risky assets and was now firmly enshrined as ‘digital gold.’ Treasury Secretary Scott Bessent went as far as to declare BTC to be a secure ‘store of value’ in turbulent times.

在特朗普徵收陡峭的經濟關稅之後，股市上週股市倒閉後，像雙子座聯合創始人泰勒·溫克爾沃斯（Tyler Winklevoss）這樣的加密兄弟表明，BTC代幣與這種向下螺旋的偏差證明了BTC終於與其他風險的鏈接脫離了其他風險資產，並且現在牢固地融入了數字金色。財政部長斯科特·貝斯特（Scott Bessent）甚至宣布BTC在動盪時期是安全的“價值存儲”。

However, that triumphalist narrative lasted only until Sunday, when BTC abruptly tanked from ~$83,000 to below $78,000. The carnage continued early Monday, falling below $75,000—roughly one-third off its $109,000 peak in the euphoric aftermath of Trump’s re-election—before staging a minor rally. When it comes to digital assets, America has indeed gotten tired of all this winning.

但是，這種凱旋主義的敘述只持續到週日，當時BTC突然從$ 83,000到低於$ 78,000。屠殺持續了周一早些時候，低於75,000美元，在特朗普連任後的欣喜之後，其109,000美元的峰值高出了三分之一，然後進行了未成年人集會。在數字資產方面，美國確實厭倦了所有這些獲勝。

Even before Monday’s plunge, BTC finished Q1 down 11.7% from the start of the year. That’s the worst Q1 performance BTC has endured in percentage terms since 2015 when the token fell nearly 24% over the first three months.

甚至在周一的比賽之前，BTC從今年年初就獲得了11.7％的Q1。這是自2015年以來，這是最糟糕的第一季度性能BTC在前三個月下降了近24％以來，以百分比的方式持續了百分比。

Michael Saylor’s Strategy (NASDAQ:MSTR), formerly known as MicroStrategy, filed a Q1 earnings preview with the Securities and Exchange Commission (SEC) on Monday that showed the unrealized losses on its ‘BTC reserve’ totaled $5.9 billion for the quarter. The average purchase price of the 528,185 BTC that Strategy has acquired in recent years is $67,458, meaning any further significant BTC price declines could prompt awkward questions regarding Strategy’s strategy.

邁克爾·塞勒（Michael Saylor）的戰略（納斯達克股票代碼：MSTR）（以前稱為MicroStrategy）週一向美國證券交易委員會（SEC）提交了第一季度的收益預覽，該預覽顯示了該季度的“ BTC儲備”總計59億美元的損失。該戰略近年來獲得的528,185 BTC的平均購買價格為67,458美元，這意味著BTC價格下降的任何進一步的大幅下降都可能引起有關策略策略的尷尬問題。

And it’s not just BTC taking it on the chin. On February 3, Trump’s son, Eric, tweeted that “it’s a great time to add $ETH.” At the time, Ethereum’s native token had taken a significant tumble to $2,460. As of Monday morning, ETH was trading below $1,560. (Make Ethereum great again?)

而不僅僅是BTC在下巴上。 2月3日，特朗普的兒子埃里克（Eric）發推文說：“這是添加$ eth的好時機。”當時，以太坊的原住民令牌大幅度跌至2,460美元。截至週一早上，ETH的交易低於1,560美元。 （再次使以太坊偉大嗎？）

Even the memecoin ($TRUMP) that the president issued just days before his inauguration is struggling. $TRUMP came close to slipping below $7 on Monday, a world away from its all-time high of $73.43 on January 19. Its current valuation of just under $8 is a mere 89.3% decline from its peak.

即使是總統就就職典禮就在掙扎前幾天發行的紀念物（特朗普$）。 $特朗普在周一的73.43美元的歷史最高點差不多。目前的估值僅為8美元以下，這是一個差不多$ 89.3％的估值。

And yet, Trump is accepting pre-orders for yet another limited-run (1,000 pairs) sneaker collection, this one branded with the “most legendary $TRUMP meme COIN $TRUMP in crypto.” For the low, low price of $299, you too can own these ‘Made in China’ kicks before the Trump tariffs on China push the price even higher.

然而，特朗普正在接受另一個限量運行（1,000雙）運動鞋系列的預訂，這個品牌的品牌是“ Crypto中最傳奇的$ Trump Meme Coin Coin $ Trump”。對於低價，299美元的低價，您也可以擁有這些“在中國製造”的踢球，而在特朗普對中國的關稅則提高了價格。

Tether’s Made in USA backup plan

Tether在美國備用計劃中

The Trump-induced decline in both crypto and traditional stocks has prompted infighting among some prominent Trump supporters. Billionaire Bill Ackman, who strongly advocated for Trump during the 2024 election campaign, lashed out at Commerce Secretary Howard Lutnick on Sunday for being “indifferent to the stock market and the economy crashing” because the Lutnick-founded Cantor Fitzgerald (NYSE:ZCFITX) is long bonds. “[Lutnick] profits when our economy implodes.”

特朗普引起的加密貨幣和傳統股票的下降促使一些著名的特朗普支持者內鬥。億萬富翁比爾·阿克曼（Bill Ackman）在2024年的選舉中強烈提倡特朗普，他週日在商務部長霍華德·盧特尼克（Howard Lutnick）抨擊，因為盧特尼克（Lutnick）創立的坎托爾·菲茨杰拉德（Cantor Fitzgerald）（NYSE：ZCFITX）是很長的邦德。 “當我們的經濟崩潰時，[盧特尼克]獲利。”

Ackman walked back that accusation early Monday morning, tweeting that it was “unfair of me to lash out” at Lutnick, who Ackman (for the time being) believes is “doing the best he can.” Perhaps, but for whom?

阿克曼（Ackman）週一清晨回去了這一指控，在推特上說，盧特尼克（Lutnick）曾“抨擊我不公平”。也許，但是為誰？

Lutnick is a staunch supporter of Tether, issuer of the market-leading USDT stablecoin, because Cantor Fitzgerald (a) allegedly custodies Tether’s allegedly massive haul of U.S. Treasury bills, and (b) holds a ‘convertible bond’ with Tether. Moreover, the Wall Street Journal (WSJ) reported last November that Lutnick had allegedly promised Tether’s founder that he’d work to ensure no legislation emerged from Congress that might be prejudicial to Tether’s bottom line.

Lutnick是Tether的堅定支持者，Tether是市場領先的USDT StableCoin的發行人，因為Cantor Fitzgerald（a）據稱Custodies Tether據稱Tether的美國財政部賬單大規模運輸，並且（B）持有TETHER的“可轉換債券”。此外，《華爾街日報》（WSJ）於去年11月報導說，據稱盧特尼克（Lutnick）向特瑟（Tether）的創始人保證，他將努力確保國會不會出現任何立法，這可能對蒂瑟（Tether）的底線有偏見。

Stablecoin legislation has made unprecedented progress in Congress during Trump’s second term, with both Senate and House committees voting to send their respective bills to their respective floors for a vote.

在特朗普的第二任期期間，斯塔布爾幣立法在國會中取得了前所未有的進步，參議院和眾議院委員會都投票通過將各自的賬單發送到各自的樓層進行投票。

The House bill (STABLE) offers Tether a window of up to two years in which it would be permitted to carry on its U.S. operations on ‘secondary markets’ such as digital asset exchanges. After that, Tether would need to subject itself to requirements such as proving that the fiat reserves backing its $144 billion in

眾議院賬單（穩定）提供了一條長達兩年的窗口，其中允許其在“二級市場”（例如數字資產交易所）上進行美國運營。之後，繫繩將需要遵守要求，例如證明菲亞特儲備金支持其1440億美元