比特币（BTC）仍然是投资者关注和担忧的中心

比特币（BTC）仍然是投资者关注和担忧的中心，尤其是在美国劳工统计局（BLS）公布最新非农就业数据之后。

Bitcoin (BTC) price action remains In focus especially following the latest nonfarm payrolls data from the US Bureau Of Labor Statistics (BLS). While the general market sentiment remains bullish, recent developments In the US economy Indicate that macroeconomic factors may be against the premier cryptocurrency In 2025.

比特币（BTC）的价格走势仍然是人们关注的焦点，尤其是在美国劳工统计局（BLS）发布最新的非农就业数据之后。虽然总体市场情绪仍然看涨，但美国经济的最新发展表明，宏观经济因素可能在 2025 年不利于这种主要的加密货币。

Bitcoin price action sees another loss, bullish outlook remains

比特币价格走势再次下跌，前景依然看涨

Bitcoin price trades above $94,000 on the daily chart. Following a 3.45% loss In the past seven days, the premier cryptocurrency opened the past week with a loss of 9% on December 14.

日线图上比特币价格交易至 94,000 美元以上。继过去 7 天下跌 3.45% 后，这一顶级加密货币在 12 月 14 日开盘，上周开盘下跌 9%。

In an X post on December 10, market experts at global capital market analysis firm The Kobeissi Letter dissected the employment situation summary for December 2024.

在 12 月 10 日的 X 帖子中，全球资本市场分析公司 The Koheissi Letter 的市场专家剖析了 2024 年 12 月的就业形势摘要。

According to the BLS, nonfarm payrolls employment rose by 256,000 Jobs In this month, adding 100,000 Jobs to the widely predicted figures. Following this report, The Kobeissi Letter analysts highlight that the US economy has gained an average of 165,000 Jobs since July, representing the highest 6-month average since July 2024.

根据劳工统计局的数据，本月非农就业人数增加了 256,000 个，比广泛预测的数字增加了 100,000 个。在这份报告发布后，《Kobeissi Letter》分析师强调，自 7 月以来，美国经济平均增加了 165,000 个就业岗位，这是自 2024 年 7 月以来最高的 6 个月平均水平。

Considering the US Federal Reserve began Implementing Interest rate cuts from September 2024, citing then a reduction In Jobs growth and Inflation, the analysts at The Kobeissi Letter stated the Apex Bank’s approach may have been misguided In light of the recent developments.

考虑到美联储从 2024 年 9 月开始实施降息，理由是就业增长和通胀下降，《Kobeissi Letter》的分析师表示，鉴于最近的事态发展，Apex 银行的做法可能被误导了。

Therefore, the Fed Is expected to halt Interest rate cuts to battle an expected heightened Inflation due to a strong Jobs data, with the potential of even adopting rate hikes.

因此，由于强劲的就业数据，预计美联储将停止降息以应对预期的通胀加剧，甚至有可能采取加息。

Generally, an absence of rate cuts or Introduction of rate hikes Is negative for Bitcoin as lower Interest rates afford Investors the capacity to deal In risky assets such as cryptocurrencies. Following the Fed’s previous announcement of potential reduced rate cuts In 2025, Bitcoin experienced a flash crash of over 9% mid-December as Investors moved to close their volatile positions In all financial markets.

一般来说，不降息或加息对比特币不利，因为较低的利率使投资者有能力交易加密货币等风险资产。继美联储此前宣布 2025 年可能降息后，随着投资者纷纷平仓所有金融市场的波动头寸，比特币在 12 月中旬经历了超过 9% 的闪跌。

Currently, The Kobeissi Letter forecasts that the Fed’s pivot to rate cuts Is likely over, with a 44% probability that there will be no rate cuts through June 2025.

目前，《Kobeissi Letter》预测美联储的降息转向可能已经结束，有 44% 的可能性到 2025 年 6 月都不会降息。

Bitcoin price faces bullish signals from Investors, Institutions

比特币价格面临投资者和机构的看涨信号

Despite the macroeconomic outlook, other factors are expected to keep Bitcoin Investors bullish In 2025. Notably among these factors Is the historical price action of the premier cryptocurrency In a bull cycle.

尽管宏观经济前景不佳，但预计其他因素将使比特币投资者在 2025 年保持看涨。这些因素中值得注意的是牛市周期中主要加密货币的历史价格走势。

Bitcoin began 2024 trading at $46,000 and reached all-time highs above $130,000 by March. In the second half of the year, BTC price action faced a correction to lows of $92,000 before recovering to close the year above $100,000.

2024 年比特币交易价格为 46,000 美元，到 3 月份达到 130,000 美元以上的历史新高。今年下半年，比特币价格走势面临回调至 92,000 美元的低点，然后回升至 100,000 美元以上。

With the recent bullish momentum and a bull cycle that Is expected to continue till 2026, Bitcoin Investors are likely to remain optimistic about the premier cryptocurrency.

鉴于近期的看涨势头和预计将持续到 2026 年的牛市周期，比特币投资者可能对这种首要的加密货币保持乐观。

Furthermore, the US government has shown support for cryptocurrency regulation In 2024, and this Is expected to continue In 2025. Pro-crypto legislation and policies are likely to boost the adoption and demand for Bitcoin and other digital assets.

此外，美国政府已在 2024 年表示支持加密货币监管，预计到 2025 年将继续支持加密货币立法和政策可能会促进比特币和其他数字资产的采用和需求。

Lastly, Institutional Investors are expected to continue their entry Into the cryptocurrency market via spot ETFs and other avenues In 2025. This Is likely to drive demand for Bitcoin and other large-cap cryptocurrencies.

最后，预计机构投资者将在 2025 年继续通过现货 ETF 和其他途径进入加密货币市场。这可能会推动对比特币和其他大盘加密货币的需求。

At the time of writing, Bitcoin price Is ranked eighth among world assets and the largest cryptocurrency with a market cap of $1.84 trillion.

截至撰写本文时，比特币价格在全球资产中排名第八，也是最大的加密货币，市值达 1.84 万亿美元。