自从特朗普总统的关税公告以来，比特币（BTC）下降了5％以上

自从特朗普总统周三晚上宣布宣布市场以来，比特币（BTC）下跌了5％以上

Bitcoin (BTC) price has now fallen by more than 5% since Wednesday evening, continuing the recent downturn in the market.

自周三晚上以来，比特币（BTC）的价格现在已经下跌了5％以上，持续了最近的市场下跌。

The world’s leading cryptocurrency is currently trading at around $78,000, having hit lows of $75,000 earlier in the week.

全球领先的加密货币目前的交易价格约为78,000美元，在本周早些时候达到了75,000美元的低点。

The latest drop in bitcoin’s price comes as President Trump announced new tariffs on Wednesday evening, sending markets plunging.

最新的比特币价格下跌是因为特朗普总统在周三晚上宣布新的关税，这使市场下跌。

The Nasdaq and S&P 500 have each tumbled to new 2023 lows, while bitcoin for the moment is holding well above its year-to-date bottom of $75,000 — what technicians like to call “higher lows.”

纳斯达克和标准普尔500标准普尔500分别跌入了2023个新的低点，而暂时的比特币则远高于其年仅75,000美元的底部，这是技术人员喜欢称为“更高低点”的。

“This moment feels like a turning point,” said Joel Kruger, LMAX Group market strategist. “We see market participants increasingly drawn to [bitcoin’s] appeal as a store-of-value asset and a compelling diversification tool amid the uncertainty.”

LMAX集团市场策略师Joel Kruger说：“这一刻感觉就像一个转折点。” “我们认为，在不确定性的情况下，市场参与者越来越吸引[比特币]吸引人的吸引力和令人信服的多元化工具。”

However, Javier Rodriguez Alarcon, chief commercial officer at crypto exchange XBTO, believes that bitcoin is still closely correlated with risk assets.

但是，Crypto Exchange XBTO首席商务官Javier Rodriguez Alarcon认为，比特币仍然与风险资产密切相关。

“Despite talk that bitcoin could act as a hedge against dollar-centric volatility, in practice we’re still seeing a strong correlation between digital assets and broader risk markets in moments of uncertainty,” the ex-Goldman Sachs executive said in an email.

前萨克斯（Sachs）主管在一封电子邮件中说：“尽管说比特币可以作为以美元为中心的波动性的对冲，但实际上，在不确定性的时刻，我们仍然看到数字资产与更广泛的风险市场之间存在很强的相关性。”

Earlier this week, JPMorgan economists questioned the bitcoin narrative, noting that the cryptocurrency’s volatility and correlation with equities raises questions over its ‘digital gold’ narrative.

本周早些时候，摩根大通的经济学家质疑比特币的叙述，并指出加密货币的波动性和与股票的相关性引发了对其“数字黄金”叙述的疑问。

"We see gold continuing to rise as the major beneficiary of the debasement trade," said Nikolaos Panigirtzoglou and team at JPMorgan yesterday.

Nikolaos Panigirtzoglou和摩根大通（JPMorgan）的团队说：“我们认为黄金继续成为贬低贸易的主要受益者。”

Even with bitcoin’s recent pullback, the price is still above the bank’s estimated average cost of production of $62,000, a metric which has acted as a lower boundary in the past, wrote Panigirtzoglou.

Panigirtzoglou写道，即使是比特币最近的回调，价格仍然高于该银行估计的平均生产成本62,000美元，这是过去作为下边界的公制。

Gold today is lower by just 1.25% to $3,126 per ounce and within close sight of its record high of around $3,200.

如今的黄金仅在每盎司的1.25％，至3,126美元，而其创纪录的高点约为3,200美元。