本周第二次比特币（BTC）价格低于75,000美元，将每周的损失提高到11％以上

比特币本周第二次低于75,000美元的成绩，将其每周总损失提高到11％以上。

Bitcoin price fell below the $75,000 mark for a second time this week amid reports of U.S.-China trade tensions and a 104% tariff on Chinese goods.

由于报道了美国 - 中国贸易紧张局势和中国商品的关税，比特币价格本周第二次低于75,000美元。

The world’s biggest cryptocurrency slid 4.2% over the past 24 hours to $74,108.4 by 07:15 ET (11:15 GMT). It had fallen as low as $73,000 earlier in the session.

在过去的24小时内，世界上最大的加密货币滑行4.2％，至74,108.4美元，到07:15 ET（GMT 11:15）。在会议上之前，它低至73,000美元。

Bitcoin price is now down over 11% from its weekly high, pushing it deeper into bear market territory.

比特币的价格现在比每周的高点下跌了11％以上，将其深入到熊市领土上。

The broader cryptocurrency market also slid, wiping $42 billion off the market cap in the past 24 hours. Still, most altcoins showed gains on the day.

更广泛的加密货币市场也滑行，在过去24小时内，市值削减了420亿美元。尽管如此，大多数Altcoins当天都显示出收益。

Top movers (1h)

顶部搬运工（1H）

Dogecoin (CRYPTO: DOGE) led the gains with a 5.5% rally, pushing higher after reports that X, formerly known as Twitter, is planning to integrate blockchain technology.

Dogecoin（Crypto：Doge）以5.5％的集会领先，在报道称X（以前称为Twitter）计划集成区块链技术后，提高了收益。

Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP) both rose nearly 5%, while Binance Coin (BNB) ticked up 1.49%.

Solana（Crypto：Sol）和XRP（加密：XRP）都增长了近5％，而Binance Coin（BNB）滴定了1.49％。

Related Link: Best Cryptocurrency Scanners

相关链接：最佳加密货币扫描仪

Chart Link: BTC, ETH Set For Sharp Recovery- Tech Analysis

图表链接：BTC，ETH设置用于尖锐恢复技术分析

What Happened

发生了什么

The latest leg lower in the market came after the U.S. announced a steep 104% tariff on Chinese goods in retaliation for alleged breaches of intellectual property rights.

在美国宣布对中国商品的严重关税，以报复涉嫌违反知识产权的情况下，最新的腿部较低。

The move sparked a global sell-off, as investors shifted toward safer assets amid the ongoing trade war and fears of a global recession.

此举引发了全球抛售，因为在持续的贸易战和担心全球经济衰退的情况下，投资者转向更安全的资产。

Trump’s Tariffs Spark Global Sell-Off

特朗普的关税激发了全球抛售

The latest market drop was triggered by President Donald Trump’s decision to enforce a 104% tariff on Chinese imports. The move has shaken investor confidence and led to a global shift toward safer assets.

总统唐纳德·特朗普（Donald Trump）决定对中国进口征收104％关税的决定引发了最新的市场下跌。此举激起了投资者的信心，并导致了向更安全的资产转变的全球转变。

Stocks, bonds, and cryptocurrencies are all reacting to the growing tension between the world’s two largest economies.

股票，债券和加密货币都对世界上两个最大经济体之间的紧张局势越来越大。

Bitcoin Hit Hard as Institutions Exit

当机构退出时，比特币猛烈打击

Bitcoin, which often reacts strongly to economic uncertainty, saw heavy selling. Institutional behavior confirmed this trend—BlackRock’s iShares Bitcoin Trust (IBIT) sold 3,296 BTC in one day, its third-largest outflow since launch. In total, U.S. Bitcoin ETFs recorded $326 million in net outflows that day, adding more pressure to the already falling price.

比特币通常会对经济不确定性做出强烈反应，卖出了大量销售。机构行为证实了这一趋势-Blackrock的Ishares Bitcoin Trust（IBIT）在一天之内售出了3,296 BTC，这是自推出以来的第三大流行。当天，美国比特币ETF总共记录了3.26亿美元的净流出，给已经下跌的价格增加了压力。

Bitcoin briefly rallied to $80,400, suggesting a short-lived recovery. But the bounce quickly faded, and prices dropped again—forming a classic bull trap. According to Coinglass, over $390 million in crypto positions were liquidated as traders got caught in the sudden reversal.

比特币短暂地集结至80,400美元，这表明恢复了短暂的恢复。但是反弹很快就消失了，价格再次下降 - 形成了经典的牛陷阱。根据Coinglass的说法，由于交易者突然逆转，超过3.9亿美元的加密货币职位被清算了。

Altcoin Market Stays Weak

山寨币市场保持薄弱

Altcoins saw a short spike. Ethereum (ETH) rose 2.04% to $1,567, while Solana (SOL) and XRP both climbed nearly 5%. Dogecoin led the hourly gains with a 5.5% surge, and Binance Coin (BNB) ticked up 1.49%. Despite this, the total crypto market cap dropped by 4.27% in the past 24 hours, pointing to a rally driven more by speculation and likely false news than real improvement.

Altcoins看到了短峰。以太坊（ETH）上升了2.04％，达到1,567美元，而Solana（Sol）和XRP均攀升了近5％。 Dogecoin以5.5％的速度领先每小时的收益，而Binance Coin（BNB）提高了1.49％。尽管如此，在过去的24小时内，加密货币的总上限下降了4.27％，这表明集会更多地受到猜测和可能的错误新闻的驱动，而不是真正的改进。

Economists Warn Of 2018-Style Slowdown

经济学家警告2018年风格的放缓

Experts are now comparing the current situation to late 2018, when the Federal Reserve had to reverse its policies due to a slowing economy. BitMEX co-founder Arthur Hayes warned that the Fed is “on the clock,” citing the troubling combination of falling stock prices and rising bond yields.

现在，专家正在将当前状况与2018年底进行比较，当时美联储由于经济放缓而不得不撤销其政策。 Bitmex联合创始人亚瑟·海斯（Arthur Hayes）警告说，美联储是“时钟”的，理由是股票价格下跌和债券收益率上升的令人不安的组合。

Economist Peter Schiff added that if Trump’s goal was to trigger a market crash in order to push the Fed into lowering interest rates, the move may be backfiring—long-term Treasury yields are climbing to new highs instead.

经济学家彼得·席夫（Peter Schiff）补充说，如果特朗普的目标是引发市场崩溃以推动美联储降低利率，此举可能是适得其反的，那么长期的国库收益率将攀升到新的高点。

When Will The Fed Step In?

美联储什么时候介入？

With markets under pressure, speculation is rising that the Fed may cut interest rates as early as May. Analysts believe this could help calm the volatility—especially if paired with an easing of U.S.-China trade tensions.

随着市场承受压力，人们猜测美联储最早可能会降低利率。分析人士认为，这可以帮助平静波动，尤其是与美国 - 中国贸易紧张局势的缓解相结合的话。

Until then, Bitcoin is likely to stay under pressure, with $70,000 emerging as a key level to watch closely.

在此之前，比特币可能会保持压力，其中70,000美元是密切关注的关键水平。

The world’s biggest cryptocurrency is caught in a storm of politics and panic – and for now, there’s no clear sky in sight.

世界上最大的加密货币陷入了政治和恐慌风暴中 - 就目前而言，目前尚无晴朗的天空。