比特币（BTC）下跌低于$ 80k，特朗普领导的集会似乎已经结束

比特币继续向下滑梯，在周四晚上下跌低于80,000美元。领先的加密货币比历史最高水平下降了25％。

Bitcoin price fell below $80,000 on Thursday night as the leading cryptocurrency continued its downward slide.

由于领先的加密货币继续向下滑梯，比特币价格在周四晚上下跌低于80,000美元。

At the time of writing, Bitcoin is trading at $82,493.9 according to Benzinga Pro. It recovered slightly from the morning lows of $78,000 to trade above $80,000. However, investor sentiment remains pessimistic as the Trump-led crypto rally appears to be over.

根据Benzinga Pro的数据，在撰写本文时，比特币的交易价格为82,493.9美元。它从78,000美元的早晨低点恢复了，以超过$ 80,000的交易。但是，随着特朗普领导的加密集会似乎已经结束，投资者的情绪仍然是悲观的。

The question now is: How much lower can Bitcoin go?

现在的问题是：比特币可以降低多少？

The worst-case scenario would be that Bitcoin would drop to the $72,000-74,000 range, according to Sid Powell, CEO & Co-Founder of Maple, an institutional capital marketplace built on the blockchain. In an email to Quartz, Powell explained that, according to technical analysis, a breakdown below a prolonged range typically results in a significant decline.

据Blockchain建立的机构资本市场Maple的首席执行官兼联合创始人Sid Powell称，最糟糕的情况是比特币将降至72,000-74,000范围。鲍威尔在给石英的一封电子邮件中解释说，根据技术分析，低于延长范围的细分通常会导致大幅下降。

"If Bitcoin is in the $90,000-1000,000 range, as we've seen over the last few months, it would have the potential to slide to $70,000."

“如果比特币在$ 90,000-1000,000范围内，正如我们在过去几个月中所看到的那样，它将有可能滑到70,000美元。”

But why is Bitcoin sliding so rapidly?

但是，为什么比特币滑行如此迅速？

The latest decline may be linked to a crypto hack that targeted a Dubai-based exchange named Bybit. On Feb. 21, 2025, attackers — allegedly the North Korean state-sponsored Lazarus Group — stole around $1.4 billion in crypto assets from the exchange's wallet.

最近的下降可能与一个名为Bybit的迪拜交易所的加密黑客有关。 2025年2月21日，袭击者 - 据称是由北朝鲜州议案的拉撒路集团（Lazarus Group） - 从交易所钱包中偷走了约14亿美元的加密货币资产。

The theft occurred as the cryptocurrency market was already grappling with a series of setbacks, including the recent memecoin scandal linked to Argentina's President Javier Milei, which sparked skepticism and negative sentiment among investors, further impacting the crypto market.

盗窃发生是因为加密货币市场已经在努力应对一系列挫折，其中包括最近与阿根廷总统贾维尔·米利（Javier Milei）相关的Memecoin丑闻，该丑闻引发了投资者的怀疑和负面情绪，进一步影响了加密货币市场。

Moreover, macroeconomic factors are at play, with Bitcoin and the entire crypto market facing pressure from the ongoing tariff war. Amid rising trade tensions, there was a broad risk-off decline across all markets, but, as Powell noted, the crypto market has been hit the hardest.

此外，宏观经济因素正在起作用，比特币和整个加密货币市场面临着正在进行的关税战争的压力。在贸易紧张局势越来越大的情况下，所有市场的风险下降幅度很大，但是正如鲍威尔指出的那样，加密货币市场受到了最大的打击。

"There's a lot of nervousness from investors on how U.S. tariffs could impact the broader landscape and the excitement over the new administration fading now that Trump has been in office for some time," Powell added.

鲍威尔补充说：“投资者对美国关税如何影响更广泛的格局和对新政府的兴奋感到非常紧张，因为特朗普已经任职一段时间了。”

Bitcoin ETFs continue facing massive outflows

比特币ETF继续面对大量流出

Once hailed as the most successful exchange-traded funds (ETFs) in history, U.S. Bitcoin ETFs have seen significant withdrawals in recent weeks. Excluding two positive days, they have recorded net outflows totaling $3.7 billion this month. On Tuesday, Feb. 25th, Bitcoin ETFs experienced a record outflow of over $1 billion in a single day.

曾经被誉为历史上最成功的交易所交易贸易资金（ETF），美国比特币ETF在最近几周被大量撤离。除了两个积极的日子外，他们在本月记录了总计37亿美元的净流出。 2月25日，星期二，比特币ETF在一天中经历了超过10亿美元的创纪录流出。

This sustained outflow is naturally putting pressure on Bitcoin's price, signaling that investors are no longer pouring in funds at the same pace as before.

这种持续的流出自然会给比特币的价格施加压力，这表明投资者不再以与以前相同的速度倾注资金。

Perhaps the SEC will bring Bitcoin back on track

也许SEC会使比特币重回正轨

Powell believes that the Trump rally has certainly faded and that positive actions from policymakers could help improve the state of the crypto market.

鲍威尔认为，特朗普集会肯定已经消失，决策者的积极行动可以帮助改善加密货币市场的状态。

In recent weeks, the Securities and Exchange Commission (SEC) has emerged as a big supporter of the crypto industry — a shift that seemed unimaginable just a few years ago.

最近几周，美国证券交易委员会（SEC）已成为加密行业的主要支持者 - 几年前，这种转变似乎是难以想象的。

For example, on Thursday, the SEC stated that most memecoins, such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), are not securities under U.S. federal law. The financial watchdog explained that memecoins have limited or no functionality and are "more akin to collectibles."

例如，在星期四，SEC表示，大多数模因（例如Dogecoin（Crypto：Doge）和Shiba Inu（Crypto：Shib））不是美国联邦法律所规定的证券。财务监管机构解释说，模因的功能有限或没有功能，“更类似于收藏品”。

However, the SEC's latest stance did little to boost memecoin prices, as memecoins continued to decline in the market on Friday morning. The broader crypto market also saw red across the board, with Bitcoin falling below $80,000 once again.

但是，SEC的最新立场并没有提高Memecoin的价格，因为Memecoins在周五上午的市场下降。更广泛的加密货币市场也看到了红色，比特币再次下跌低于80,000美元。

Earlier this month, the SEC, now led by Hester Peirce, dropped cases against Coinbase (NASDAQ:COIN), Robinhood (NASDAQ:HOOD), and other crypto companies that had been accused of selling unregistered securities, marking a notable shift in the regulatory landscape for cryptocurrencies.

本月初，现在由赫斯特·皮尔斯（Hester Peirce）领导的SEC撤销了针对Coinbase（NASDAQ：COIN），ROBINOHED（NASDAQ：HOOD）以及其他被指控出售未注册证券的加密货币公司的案件，这标志着Cryptscape在监管环境中的明显变化。

"If the SEC continues to loosen its grip and we see more pro-crypto laws put in place, Bitcoin can pull back, and we'll see another positive moment in the market once again," he added.

他补充说：“如果SEC继续放松其抓地力，我们看到制定了更多的亲克莱托法律法律，比特币可以退缩，我们将再次看到市场上的另一个积极时刻。”