比特币（BTC）作为对冲金融不稳定的对冲，正在引起重新关注

比特币在创纪录的股票市场下滑中保持相对稳定的稳定状态，这是对金融不稳定的对冲，这使得从标准普尔500指数的500年中擦掉了5万亿美元。

The S&P 500 posted a $5 trillion loss in market capitalization over two days, its largest drop on record, according to an April 5 report by Reuters.

根据路透社4月5日的报告，标准普尔500指数在两天内亏损了5万亿美元的市值亏损，其记录下降了最大的下降。

The record sell-off follows US President Donald Trump’s announcement of reciprocal import tariffs on April 2. The measures aim to shrink the country’s estimated trade deficit of $1.2 trillion in goods and boost domestic manufacturing.

在美国总统唐纳德·特朗普（Donald Trump）宣布在4月2日宣布相互进口关税之后，记录的抛售是旨在缩小该国估计的贸易赤字1.2万亿美元的商品并促进国内制造业的措施。

S&P 500 record $5.4 trillion loss. Source: Zerohedge

标准普尔500标普500 $ 5.4万亿美元亏损。资料来源：Zerohedge

Bitcoin’s (BTC) dip after the tariff announcement was significantly smaller than traditional markets, bodes well for Bitcoin’s growing maturity as a global asset.

在关税公告之后，比特币（BTC）的下降明显小于传统市场，这对于比特币作为全球资产的成熟度增长良好。

“What we’re potentially witnessing is an evolution in Bitcoin’s market positioning,” Marcin Kazmierczak, co-founder and chief operating officer at RedStone blockchain oracle firm, told Cointelegraph.

Redstone Blockchain Oracle公司的联合创始人兼首席运营官Marcin Kazmierczak告诉Cointelegraph：“我们可能目睹的是比特币市场定位的发展。”

“Bitcoin’s fixed supply architecture inherently contrasts with fiat currencies that may face inflationary pressure under tariff-driven economic changes,” he added.

他补充说：“比特币的固定供应体系结构与法定货币固有地形成了鲜明的对比，这些法定货币可能在关税驱动的经济变化下面临通货膨胀压力。”

Related: 70% chance of crypto bottoming before June amid trade fears: Nansen

相关：六月之前的加密货币底部触底的机会70％，在贸易恐惧中：南森

While stocks plummeted, Bitcoin dipped just 3.7% over the same two-day period, trading at around $83,600 on April 5, according to TradingView data.

根据TradingView Data的数据，虽然股票暴跌，但比特币在同一两天期间仅下降了3.7％，4月5日的交易约为83,600美元。

BTC/USD, 1-hour chart. Source: Cointelegraph/TradingView

BTC/USD，1小时图表。资料来源：Cointelegraph/TradingView

Despite the $5 trillion sell-off in traditional markets, “BTC shows its worth, staying above its $82,000 key support level — a sign that structural demand remains intact even amid forced selling and elevated volatility,” Nexo dispatch analyst Iliya Kalchev told Cointelegraph.

尽管在传统市场中售罄了5万亿美元，但“ BTC表现出其价值，保持在其82,000美元的关键支持水平上，这表明结构需求仍然完好无损，即使在强迫销售和增加的波动性中，” Nexo Dispatch分析师Iliya Kalchev告诉Cointelegraph。

Related: Michael Saylor’s Strategy buys Bitcoin dip with $1.9B purchase

相关：迈克尔·赛勒（Michael Saylor）的策略以$ 1.9B的购买购买比特币蘸酱

Bitcoin may emerge as ‘digital gold’ amid Trump tariff talks

在特朗普关税谈判中，比特币可能出现为“数字黄金”

Despite Bitcoin’s decoupling from traditional stocks, its initial plunge in price signals that some investors still see Bitcoin as a risk asset, according to James Wo, the founder and CEO of venture capital firm DFG.

尽管比特币与传统股票的脱钩，但其价格信号的最初投资者仍将比特币视为风险资产，据Venture Capital Capital公司DFG的创始人兼首席执行官詹姆斯·沃（James Wo）表示。

“With Bitcoin ETFs enabling greater institutional exposure, it is now even more influenced by macroeconomic trends,” Wo told Cointelegraph, adding:

“随着比特币ETF能够更大的机构暴露，现在它更受宏观经济趋势的影响，” Wo告诉Cointelegraph，并补充说：

Despite the current lack of momentum, analysts are confident in Bitcoin’s upside potential for the rest of 2025.

尽管目前缺乏势头，但分析师对比特币在2025年其余时间的上涨潜力充满信心。

BTC projected to reach $132,000 based on M2 money supply growth. Source: Jamie Coutts

BTC预计将根据M2货币供应增长达到132,000美元。资料来源：Jamie Coutts

The growing money supply could push Bitcoin’s price above $132,000 before the end of 2025, according to estimates from Jamie Coutts, chief crypto analyst at Real Vision.

根据Real Vision的首席加密分析师Jamie Coutts的估计，货币供应量的增长可能会在2025年底之前将比特币的价格提高到132,000美元以上。