急需更正后的比特币（BTC）价格下跌至8.4k美元

比特币（BTC）进行了急剧的价格校正，从2024年底的峰值近110,000美元到截至2025年3月18日的$ 84,000

Bitcoin (BTC) has experienced a steep price correction, dropping from a peak of nearly $110,000 in late 2024 to approximately $84,000 as of March 18, 2025, according to data from CoinMarketCap.

根据CoinMarketCap的数据，比特币（BTC）经历了陡峭的价格校正，从2024年底的近11万美元下降到截至2025年3月18日的$ 84,000。

For more perspective, BTC had actually dropped to around $16,000 in the last cycle after peaking at about $69,000 in the last crypto market bull run of 2021.

从2021年的最后一个加密市场公牛运行中，BTC在最后一个周期中实际上下降了大约69,000美元。

This decline coincides with significant outflows from digital assets, as reported by CoinShares. Major crypto funds have seen billions in outflows over recent weeks.

正如Coinshares报道的那样，这种下降与数字资产的大量流出相吻合。最近几周，主要加密基金已经看到了数十亿美元的流出。

The launch of Bitcoin exchange-traded funds (ETFs) in January 2024 was met with a lot of enthusiasm, but their gains have since evaporated, reflecting broader market unease.

2024年1月，启动了比特币交易所交易的资金（ETF）充满热情，但此后他们的收益蒸发了，反映了更广泛的市场不安。

Despite this volatility, key players like Strategy (formerly MicroStrategy), Metaplanet, and El Salvador are persisting in accumulating BTC, while others, like South Korea and Germany, diverge in their approaches, highlighting Bitcoin’s polarizing role in global finance.

尽管这种波动性，但像战略（以前是微型策略），Metaplanet和El Salvador这样的主要参与者持续积累BTC，而韩国和德国等其他人则在其方法上有所不同，突显了比特币在全球金融中的两极分化作用。

Strategy, led by Michael Saylor, recently added $10 million worth of Bitcoin to its treasury, bringing its total to just under 500,000 BTC.

由迈克尔·塞勒（Michael Saylor）领导的战略最近在其财政部增加了价值1000万美元的比特币，使其总计不到50万BTC。

Saylor, a staunch advocate, views Bitcoin as an effective hedge against inflation, famously stating: “There’s a word for people who store value in fiat—we call them poor.”

坚定的拥护者塞勒（Saylor）将比特币视为反对通货膨胀的有效树篱，著名地说：“对于在菲亚特（Fiat）存储价值的人们来说，这是一个词，我们称他们为穷人。”

This aligns with Japan’s Metaplanet, which has mirrored Strategy’s playbook, boosting its BTC holdings to over 1,000 coins in 2024.

这与日本的Metaplanet相吻合，后者反映了策略的剧本，将其BTC持有量增加到2024年的1000多枚硬币。

El Salvador, under President Nayib Bukele, continues its Bitcoin experiment, acquiring more despite IMF criticism over fiscal risks. Samson Mow, CEO of JAN3, praises this resilience, noting: “Their strategy proves #Bitcoin’s viability as a national asset, defying traditional skepticism.”

纳伊布·布克尔（Nayib Bukele）的总统埃尔·萨尔瓦多（El Salvador）继续其比特币实验，尽管对财政风险批评了国际货币基金组织，但仍获得了更多。 Jan3首席执行官Samson Mow称赞这种韧性，并指出：“他们的战略证明了＃比特币作为国家资产的生存能力，违背了传统的怀疑。”

In contrast, South Korea's recent rejection of BTC as a reserve asset showcases caution, with officials highlighting its volatility as a liability.

相比之下，韩国最近将BTC拒绝作为储备资产表示谨慎，官员们强调了其波动作为责任。

Furthermore, Germany’s 2024 sell-off of its Bitcoin stash, once valued in the billions, now draws regret as prices soared post-sale. Industry veteran Adam Back, Blockstream CEO, criticizes the move, saying: “Germany's timing was abysmal. Selling low and missing a historic rally shows a lack of foresight.”

此外，德国2024年对比特币储藏的抛售，曾经是数十亿美元的售价，现在随着价格飙升，后来使后悔感到遗憾。 Blockstream首席执行官Adam Back批评这一举动：“德国的时机很糟糕。

Meanwhile, BlackRock's deepening focus on Bitcoin ETFs signals institutional acceptance. This is emphasized by Cathie Wood of ARK Invest, who asserts that Bitcoin's integration into portfolios is inevitable, and its volatility is a feature, not a flaw, for long-term growth.

同时，贝莱德对比特币ETF的加深关注信号是机构接受的。 Ark Invest的Cathie Wood强调了这一点，他断言比特币与投资组合的整合是不可避免的，其波动性是长期增长的特征，而不是缺陷。

However, Bitcoin's reputation as a risk asset—similar to stocks rather than a safe haven like gold, which recently hit record highs—complicates its narrative. The U.S. stock market's parallel decline suggests macroeconomic pressures, like rising interest rates or geopolitical uncertainty, are also playing a role.

但是，比特币作为风险资产的声誉（类似于股票，而不是像黄金这样的避风港（最近达到纪录）的叙述。美国股票市场的平行下降表明，宏观经济压力（如利率上升或地缘政治不确定性）也起着作用。

As Dan Held, a crypto educator, points out, Bitcoin's correlation with risk assets isn't surprising; it's still maturing, but its fundamentals remain unmatched.

正如加密教育者丹（Dan）所指出的那样，比特币与风险资产的相关性并不奇怪。它仍在成熟，但其基本面仍然无与伦比。

This is further highlighted by Anthony Pompliano, a digital assets and Fintech investor, who adds that corrections are healthy as they shake out weak hands and let the strong double down—like Strategy and El Salvador.

数字资产和金融科技投资者Anthony Pompliano进一步强调了这一点，他们补充说，矫正是健康的，因为它们握手弱的手并让强劲的双重失望（例如策略和El Salvador）。

The divide in perception is evident in CoinShares's report of $6.4 billion in ETF outflows over five weeks, yet BlackRock's iShares Bitcoin Trust (IBIT) still holds significant assets, hinting at persistent institutional interest.

Coinshares在五个星期内的64亿美元ETF流出的报告中很明显，但BlackRock的Ishares Bitcoin Trust（IBIT）仍然持有大量资产，这暗示了持续的机构利益。

For Saylor, the dip is a buying opportunity and Bitcoin is the apex property of humanity.

对于Saylor来说，DIP是一个购买机会，比特币是人类的最高特性。

But critics question its safe-haven status as gold outshines it during turbulence.

但是批评者质疑其安全的地位，因为黄金在动荡期间超出了它。