周三的FOMC会议之后，比特币（BTC）价格飙升3.5％

在周三举行的FOMC会议之后，比特币（BTC）的价格飙升了3.5％，因为美国美联储保持不变的价格为4.5％。然而

Bitcoin price showed a slight recovery on Wednesday following the FOMC meeting as the US Federal Reserve keeps rates unchanged at 4.5%. However, Arthur Hayes predicts that the Fed rate cuts would likely resume from April 1 which could bode well for BTC and the overall crypto market, moving ahead.

在FOMC会议之后，比特币价格在周三的周三略有恢复，因为美国美联储保持不变的价格为4.5％。但是，亚瑟·海斯（Arthur Hayes）预测，美联储降低的降低可能会从4月1日起恢复，这对于BTC和整个加密货币市场可能会很好地兑现。

Discussing the crypto market reaction following the FOMC meeting, BitMEX CEO Arthur Hayes said that the recent Bitcoin price drop to $77,000 could mark its bottom. According to Hayes, QT (quantitative tightening) will conclude by April 1, and if there is an exemption to the Supplementary Leverage Ratio or the resumption of QE (quantitative easing), then we could see bullish momentum.

Bitmex首席执行官亚瑟·海斯（Arthur Hayes）在讨论加密市场反应后说，最近的比特币价格下跌至77,000美元可能标志着其最低点。根据海耶斯的说法，QT（定量收紧）将于4月1日结束，如果对补充杠杆比率有豁免或QE的恢复（定量宽松），那么我们可以看到看涨的动力。

Moreover, Hayes noted that the correction in the US equity market could continue in order to push Federal Reserve Chair Jerome Powell toward adopting policies favorable to the Trump administration. "Stay nimble and cashed up," Hayes advised.

此外，海耶斯指出，美国股票市场的更正可能会继续，以推动美联储主席杰罗姆·鲍威尔（Jerome Powell）采用有利于特朗普政府的政策。海斯建议：“保持敏捷并兑现。”

On the other hand, President Trump took to Truth Social to post: "The Fed would be MUCH better off CUTTING RATES as U.S.Tariffs start to transition (ease!) their way into the economy. Do the right thing. April 2nd is Liberation Day in America!!!."

另一方面，特朗普总统采取了社交态度发布：“随着乌版派开始过渡（轻松！）他们进入经济的方式，美联储会更好地降低利率。​​做正确的事。4月2日是美国的解放日！！！”

BTC Price Action and M2 Money Supply

BTC价格行动和M2货币供应

Following yesterday’s FOMC meeting, Bitcoin price staged a quick recovery jumping 3.5% and moving all the way to $87,000. Popular analyst IncomeSharks noted that BTC has bounced back from the supertrend support. However, for BTC to resume the uptrend, it must close above the diagonal resistance of $86,351.

在昨天的FOMC会议之后，比特币普莱斯（Bitcoin Price）迅速恢复了3.5％，并一直升至87,000美元。受欢迎的分析师Incomesharks指出，BTC从超级趋势支持中反弹。但是，要使BTC恢复上升趋势，它必须超过对角线阻力为86,351美元。

Furthermore, the Bitcoin price action could soon follow the M2 money supply which has been rising recently. M2 is expected to grow over time for various reasons, and its high correlation with Bitcoin, combined with a power-law leverage factor of 9, indicates that even small changes in liquidity can have a substantial impact on BTC price. Also, the BTC price prediction data shows it moving to $90,000 by mid-April.

此外，比特币价格行动可能很快遵循最近正在上升的M2货币供应。预计M2会因各种原因而随着时间的推移而增长，并且其与比特币的高度相关性，加上杠杆杠杆率为9，这表明即使是流动性的小变化也会对BTC价格产生重大影响。此外，BTC价格预测数据显示，到4月中旬，其提高到90,000美元。

For instance, a 10% increase in liquidity could result in more than doubling BTC price. On the other hand, inflows into spot Bitcoin ETFs have resumed once again with BlackRock’s IBIT leading the show.

例如，流动性增加10％可能会导致BTC价格增加一倍以上。另一方面，以贝莱德（Blackrock）的IBIT领导该节目的IBIT再次恢复了斑点比特币ETF的流入。

Apart from Bitcoin, altcoins have also shown strength following the FOMC meeting. Top altcoins like Ethereum (ETH), XRP, Solana (SOL), and Dogecoin (DOGE) have bounced back 4-10% in the last 24 hours.

除了比特币外，Altcoins在FOMC会议之后还显示出强度。在过去的24小时内，诸如以太坊（ETH），XRP，Solana（Sol）和Dogecoin（Doge）等顶级山寨币在4-10％中弹回了4-10％。

Will The US Fed End QT In April?

美国美联储会在四月结束QT吗？

As the Trump trade war impact intensifies putting American economy on a slowdown, some market analysts believe that the Fed could be the first to blink. While addressing the media on Wednesday, Fed Chair Jerome Powell stated: "The median participant projects that the appropriate level of the Fed Funds Rate will be 3.9% at the end of this year and 3.4% at the end of next year, unchanged from December."

随着特朗普贸易战的影响加剧，使​​美国经济放缓，一些市场分析师认为，美联储可能是第一个眨眼的人。美联储主席杰罗姆·鲍威尔（Jerome Powell）在周三向媒体讲话时说：“中位参与者预测，适当的美联储资金利率将在今年年底为3.9％，明年年底将为3.4％，从12月开始不变。”

Responding to Arthur Hayes, popular crypto analyst Benjamin Cowen stated that quantitative tightening (QT) will not be ending on April 1 as claimed. Addressing the matter further, Cowen clarified that while QT has been adjusted, it is still ongoing.

在回应亚瑟·海斯（Arthur Hayes）时，受欢迎的加密分析师本杰明·考恩（Benjamin Cowen）表示，定量拧紧（QT）将不会在4月1日结束。在进一步解决此问题时，Cowen澄清说，尽管已调整了QT，但仍在进行中。

“QT is not ‘basically over’ on April 1,” Cowen said. According to him, the Federal Reserve is still reducing its balance sheet by $35 billion per month through mortgage-backed securities. The rate of reduction has slowed from $60 billion per month to $40 billion per month, but the process continues.

考恩说：“ QT在4月1日并没有'基本上'。”据他介绍，美联储仍通过抵押支持证券将其资产负债表每月减少350亿美元。降低速度从每月600亿美元放缓至每月400亿美元，但该过程仍在继续。