比特币（BTC）跌至78.3万美元，从而失去了特朗普亲克赖特（Crypto）政策期望的所有收益。

短期比特币持有人惊慌，几天内以超过20亿美元的损失出售。

Crypto traders are getting increasingly concerned as Bitcoin (BTC) continues to fall, losing all the gains it made from the hype around President Trump’s pro-crypto policies.

随着比特币（BTC）继续下降，加密货币交易者越来越关注，从而失去了围绕特朗普总统的亲克赖特托政策所带来的所有收益。

After dropping below the $80,000 level on Tuesday, Bitcoin hit a four-month low of $79,263. The biggest cryptocurrency lost more than 5% in the last 24 hours.

在星期二的$ 80,000水平下降后，比特币的价格为79,263美元的四个月低点。在过去的24小时内，最大的加密货币损失了5％以上。

One major reason for this drop is growing fear in the market due to President Trump’s tariff threats, which have created uncertainty in the economy. At the same time, the Crypto Fear and Greed Index fell to 21, its lowest level in nearly three years, highlighting the pessimism among investors.

造成这种情况的主要原因是由于特朗普总统的关税威胁，这在市场上越来越恐惧，这些威胁造成了经济不确定性。同时，加密货币恐惧和贪婪指数降至21，近三年来最低水平，强调了投资者的悲观情绪。

Many of the recent Bitcoin losses come from short-term holders (STHs) who are panicking and selling their crypto at a loss. In the last three days alone, these holders have realized a total unrealized loss of $2.16 billion.

最近的许多比特币损失来自短期持有人（STH），他们陷入了恐慌和出售加密货币。仅在过去的三天中，这些持有人就意识到总未实现的损失为21.6亿美元。

However, despite these losses, STHs are still sitting on unrealized gains of $3.4 trillion, which shows how much the crypto market grew in the past year.

然而，尽管有这些损失，但STH仍在未实现的3.4万亿美元收益上，这表明加密货币市场在过去一年中增长了多少。

Many new investors rushed into crypto in 2023, attracted by the market’s gains and hype around President Trump’s crypto plans. But with the market now moving sideways and Trump’s administration focusing more on trade issues, many are growing pessimistic.

许多新的投资者于2023年赶到加密货币，受到特朗普总统的加密计划的收益和炒作的吸引。但是，随着市场现在侧向移动，特朗普的政府更多地关注贸易问题，许多人正在越来越悲观。

Moreover, the U.S. Securities and Exchange Commission (SEC) recently stated that meme coins are not securities. While this may seem like good news, it has made the situation worse. Many meme coins heavily rely on hype and social trends, and with Bitcoin dropping, these coins crashed too, adding more panic to the market.

此外，美国证券交易委员会（SEC）最近指出，模因硬币不是证券。尽管这似乎是个好消息，但情况使情况变得更糟。许多模因硬币在很大程度上依赖于炒作和社会趋势，而随着比特币的下降，这些硬币也崩溃了，给市场增加了更多的恐慌。

Another factor is that many crypto traders expected strong pro-crypto policies from President Trump, but things are moving slower than anticipated. No major crypto bill has been passed yet, and the administration is now focused on tariffs.

另一个因素是，许多加密货币交易者期望特朗普总统有强大的亲克赖普托政策，但情况的速度比预期的要慢。尚未通过重大加密法案，政府现在专注于关税。

This has led to selling pressure on cryptocurrencies that gained from Trump’s support, further pushing down Bitcoin’s price.

这导致了对特朗普的支持获得的加密货币的压力，进一步推动了比特币的价格。

If Bitcoin drops below the $76,000 level, it could fill a gap that formed on crypto exchange FTX. In the meantime, some traders believe that Bitcoin needs to fill this gap near the $80,000 level before recovering.

如果比特币降至76,000美元以下，则可以填补在加密交易所FTX上形成的空白。同时，一些交易者认为比特币需要在恢复之前填补这一空白，然后恢复80,000美元。

However, Crypto analyst AlphaBTC thinks that if Bitcoin fills this gap, it could start a new rally. But if it doesn’t, the price could fall further to $73,000.

但是，加密分析师Alphabtc认为，如果比特币填补了这一空白，它可能会开始新的集会。但是，如果不是这样，价格可能会进一步降至73,000美元。

At the same time, Bitcoin options data shows that more traders are betting on Bitcoin dropping to $70,000. This suggests that some investors believe the market could get even worse.

同时，比特币选项数据显示，越来越多的贸易商押注比特币降至70,000美元。这表明一些投资者认为市场可能会变得更糟。