比特币（BTC）和加密货币价格急剧下降，沿股票市场

在股票市场之后，比特币和加密价格急剧下降，因为担心比特币价格可能会席卷大规模崩溃。

Crypto prices have moved sharply lower, following stock markets, as fears swirl the bitcoin price could be teetering on the verge of a major crash.

在股票市场之后，加密价格急剧下降，因为担心比特币价格可能会遇到重大崩溃的边缘。

Now, as Elon Musk issues a surprise crypto price warning, the chief executive of the world’s largest asset manager has warned Donald Trump’s trade policies will stoke inflation.

现在，随着埃隆·马斯克（Elon Musk）发出惊喜加密价格警告，全球最大资产经理的首席执行官警告说，唐纳德·特朗普（Donald Trump）的贸易政策将使通货膨胀发生。

What’s Happening

发生了什么

Elon Musk said on Wednesday he’s been running his companies “with great difficulty” amid a challenging macroeconomic environment, adding that he’s personally not concerned about a potential U.S. recession.

埃隆·马斯克（Elon Musk）周三表示，在一个充满挑战的宏观经济环境中，他一直在经营自己的公司，并补充说，他个人并不关心潜在的美国衰退。

“I’m personally not worried about a recession. I think the broader macroeconomic environment has been quite difficult, and I’m running several companies with great difficulty in this environment,” Musk said at the CERAWeek energy conference, when asked about his outlook for the U.S. economy.

“我个人并不担心经济衰退。我认为更广泛的宏观经济环境非常困难，在这种环境下，我经营着几家公司，”马斯克在塞维克能源会议上说，当被问及他对美国经济的看法时。

The billionaire tech chief’s comments come as the market remains focused on the outlook for interest rates and the U.S. economy amid a turbulent few months for markets.

亿万富翁技术负责人的评论始于市场，因为市场在市场上的几个月中，市场仍然专注于利率的前景和美国经济。

The bitcoin price, ether price and other major cryptocurrencies have dropped sharply since the start of the year, wiping out nearly $1 trillion of value from the market in just a month. The world’s largest cryptocurrency is now down around 50% from its record highs hit in November.

自今年年初以来，比特币价格，以太价格和其他主要加密货币已经急剧下降，仅在一个月内就从市场上获得了近1万亿美元的价值。现在，世界上最大的加密货币比11月的记录高点下降了约50％。

The crypto market downturn has been driven largely by macroeconomic concerns, including fears of a U.S. recession and persistent inflation, according to Sean Dawson, head of research at decentralized options trading platform Derive.xyz.

根据宏观经济的担忧，包括对美国衰退和持续通货膨胀的担心，加密市场的低迷主要是由宏观经济问题所驱动的。

“This market downturn is largely driven by broader economic concerns, including fears of a U.S. recession and persistent inflation,” Dawson said in emailed comments on Wednesday.

道森在周三的电子邮件评论中说：“这个市场的低迷主要是由于更广泛的经济问题所驱动，包括对美国衰退和持续通货膨胀的担忧。”

“The market is facing significant challenges as the macroeconomic environment deteriorates, and crypto assets are no exception. With bearish sentiment building, traders are turning to downside hedging strategies, especially as volatility surges across both traditional and crypto markets. The coming weeks will be critical for assessing how the broader economic situation impacts digital asset prices and trading behavior.”

“随着宏观经济环境恶化，市场面临重大挑战，加密资产也不例外。随着看跌情绪的建设，贸易商正在转向下行对冲策略，尤其是在传统和加密市场的波动激增时。接下来的几周对于评估更广泛的经济状况如何影响数字资产价格和交易行为至关重要。”

The market will be closely watching the latest U.S. inflation data in the form of the consumer price index (CPI), which is expected to show consumer prices ticked up in February.

该市场将以消费者价格指数（CPI）的形式密切关注美国最新通货膨胀数据，该数据预计将显示2月份的消费者价格上涨。

According to economists polled by Bloomberg, CPI is forecast to rise 0.2% for February, following no change in January. Economists surveyed by Dow Jones are expecting a 0.3% increase in the CPI and a 0.2% gain in core CPI.

根据彭博社进行了调查的经济学家的说法，CPI预计在1月没有变化后，CPI将于2月增长0.2％。道琼斯调查的经济学家预计CPI会增加0.3％，核心CPI增长0.2％。

A hotter-than-expected reading on inflation could put pressure on the Federal Reserve to keep interest rates higher for longer, potentially impacting the bitcoin price and other cryptocurrencies.

关于通货膨胀的预期，人们对美联储更长的税率造成了更高的压力，可能会影响比特币价格和其他加密货币。

Top Takeaways

最高点

The bitcoin price and ether price have dropped sharply this week, following U.S. stock markets lower as fears mounted over a potential U.S. recession.

随着美国股票市场对美国的衰退的担忧，比特币价格和以太价格在本周急剧下降。

Elon Musk, the billionaire chief executive of electric carmaker Tesla (NASDAQ:TSLA), said on Wednesday he’s personally not concerned about a recession.

电气汽车制造商特斯拉（NASDAQ：TSLA）的亿万富翁首席执行官埃隆·马斯克（Elon Musk）周三表示，他个人并不担心衰退。

“I’m personally not worried about a recession. I think the broader macroeconomic environment has been quite difficult, and I’m running several companies with great difficulty in this environment,” Musk said at the CERAWeek energy conference.

“我个人并不担心经济衰退。我认为更广泛的宏观经济环境非常困难，在这种环境中，我经营着几家公司，”马斯克在Ceraweek Energy会议上说。

The tech chief’s comments come as the market remains focused on the outlook for interest rates and the U.S. economy amid a turbulent few months for markets.

技术负责人的评论是因为市场始终关注利率的前景和美国经济的前景，而在市场上为市场动荡不安。

Bitcoin and crypto prices have dropped sharply since the start of the year, erasing nearly $1 trillion of value from the market in just a month and sparking fears the bitcoin price could soon crash.

自今年年初以来，比特币和加密货币价格急剧下跌，仅在一个月内从市场上删除了近1万亿美元的价值，并引发了担心比特币价格很快可能会崩溃的。

Meanwhile, Goldman Sachs economists upped their odds of a recession over the next 12 months from 15% to 20%, attributing the gloomy outlook to Trump’s economic policies, which they said posed the “key risk.” Yardeni Research economists also raised their recession odds, upping them from 20% to 35% due to "Trump 2.0’s head-spinning barrage of executives orders, firings, and tariffs."

同时，高盛的经济学家在接下来的12个月中的衰退几率从15％到20％，将令人沮丧的看法归功于特朗普的经济政策，他们说这构成了“关键风险”。 Yardeni研究经济学家还增加了衰退赔率，由于“高管命令，射击和关税的特朗普2.0的头部旋转障碍”，他们将他们从20％提高到35％。

Last week, Federal Reserve chair Jerome Powell said the Fed is in no rush to cut rates, with the labor market still strong and inflation on a bumpy path toward its 2% goal.

上周，美联储主席杰罗姆·鲍威尔（Jerome Powell）表示，美联储不急于降低利率，劳动力市场仍然强劲，通货膨胀率朝着其2％的目标颠簸。

The CME FedWatch Tool shows the market is heavily betting the Fed will leave rates on hold at its March meeting next week but is split over whether rates will be cut in May.

CME FedWatch工具显示，在下周3月的会议上，美联储的市场正在大量押注，但由于是否将在5月降低利率。

Bitcoin, ether and other major cryptocurrencies have dropped sharply this year, wiping out nearly $1 trillion of value from the market in just a month and sparking fears the bitcoin price could soon crash.

今年，比特币，以太和其他主要加密货币已经急剧下降，在短短一个月内从市场上掏出了近1万亿美元的价值，并引发了担心比特币价格很快可能会崩溃的。

The world’s largest cryptocurrency is now down around 50% from its record highs hit in November, with the bitcoin price falling below the $70,000 level this week.

现在，全球最大的加密货币比11月的创纪录高点下降了约50％，比特币的价格低于本周70,000美元的水平。

The crypto market downturn has been driven largely by macroeconomic concerns, including fears of a U.S. recession and persistent inflation, according to Sean Dawson, head of research at decentralized

分散的研究负责人肖恩·道森（Sean Dawson）说，加密市场的低迷主要是由于宏观经济的担忧，包括对美国衰退和持续通货膨胀的担忧。