比特币 BTC/USD 作为价值储存手段已经死了吗？专家参与

主要加密货币反映了本周股市的下跌，晴雨表比特币 BTC/USD 暴跌至 2 月份以来的最低点。

Bitcoin price slid to lows not seen since February, as concerns mounted over the cryptocurrency’s narrative as a store of value.

由于人们对加密货币作为价值储存手段的担忧日益加剧，比特币价格跌至 2 月份以来的最低点。

The flagship digital asset dropped over 16% on Monday, as barometer stock indices also took a hit.

由于晴雨表股票指数也受到打击，这一旗舰数字资产周一下跌超过 16%。

However, gold, the traditional safe-haven asset, fell a mere 1.1% during the session.

然而，传统避险资产黄金盘中仅下跌1.1%。

Benzinga spoke to experts about whether Bitcoin’s integration with traditional markets is closer than ever, rendering it less of an outlier.

本辛加与专家讨论了比特币与传统市场的融合是否比以往任何时候都更加紧密，从而使其不再是异常值。

Anyone Believing Bitcoin’s Store Of Value Theory Is Delusional

任何相信比特币价值存储理论的人都是妄想

Robert R. Johnson, Professor of Finance, Heider College of Business, Creighton University, said he doesn’t see an increased coupling (between Bitcoin and stocks).

克赖顿大学海德商学院金融学教授罗伯特·R·约翰逊表示，他认为（比特币和股票之间）的耦合性不会增加。

"I see Bitcoin trading as an extremely speculative supposed asset. Volatility is a part of any market, and these moves are not out of the ordinary,” said Johnson.

“我认为比特币交易是一种极具投机性的假定资产。波动性是任何市场的一部分，这些举动并不罕见，”约翰逊说。

However, the finance professor had strong words for those arguing that the cryptocurrency is an inflation hedge or a store of value.

然而，这位金融学教授对那些认为加密货币是通胀对冲或价值储存手段的人发表了强硬的言论。

"Bitcoin is a nascent asset. Anyone who believed it to be either an inflation hedge or a store of value is delusional. It is an extreme-risk asset — pure and simple. The comparisons to gold are ludicrous."

“比特币是一种新兴资产。任何认为它是通胀对冲工具或价值储存手段的人都是妄想。它是一种极端风险资产——纯粹而简单。与黄金的比较是荒谬的。”

Cryptos More Correlated To Each Other Than Equities

加密货币之间的相关性比股票更相关

According to Chris Martin, Head of Research at Amberdata, a cryptocurrency data analytics firm that supports financial institutions like Citi, Nasdaq, and Franklin Templeton, we’re seeing a global unwinding amid several macro factors.

Amberdata 是一家为花旗、纳斯达克和富兰克林邓普顿等金融机构提供支持的加密货币数据分析公司，其研究主管 Chris Martin 表示，在多个宏观因素的影响下，我们看到了全球经济的放缓。

"Crypto’s crash is being affected far more by large liquidations. We’re seeing a sell-off in crypto en masse, and bitcoin is being hit hard, but so are other coins like Solana and BNB,” said Martin.

“加密货币崩盘受到大规模清算的影响要大得多。我们看到加密货币出现大规模抛售，比特币受到重创，但 Solana 和 BNB 等其他货币也受到重创，”Martin 表示。

"If we were to look at the daily price movements for the past week, cryptocurrencies are more correlated to each other than they are to equities."

“如果我们观察过去一周的每日价格走势，就会发现加密货币之间的相关性比它们与股票的相关性更强。”

Hence, Martin believes the narrative of Bitcoin being an inflation hedge still stands.

因此，马丁认为比特币作为通胀对冲工具的说法仍然成立。

Bitcoin’s Footprint In TradFi Expanding Rapidly

比特币在 TradFi 中的足迹迅速扩大

Daniel Cawrey, Chief Strategy Officer at Tonkeeper, and author of the books "Mastering Blockchain" and "Understanding Crypto," said it has become "tough" to call Bitcoin an outlier in 2024.

Tonkeeper 首席战略官、《掌握区块链》和《理解加密货币》一书的作者 Daniel Cawrey 表示，到 2024 年，将比特币称为异常值已经变得“困难”。

"We’ve seen King Crypto’s footprints expand in TradFi through exchange-traded funds, a development that’s hard to ignore,” said Cawrey.

Cawrey 表示：“我们已经看到 King Crypto 通过交易所交易基金在 TradFi 中扩大了足迹，这是一个难以忽视的发展。”

"The high AUM and daily volumes from the top ETFs created traditional finance liquidity in the market for bitcoin – so it’s easier to hit that sell button and get a good price for BTC now than ever before."

“顶级 ETF 的高资产管理规模和每日交易量为比特币市场创造了传统金融流动性，因此现在比以往任何时候都更容易按下卖出按钮并获得 BTC 的好价格。”

According to Cawrey, Bitcoin is most definitely a bellwether for crypto, yet it is ultimately beholden to traditional markets now.

考里认为，比特币绝对是加密货币的领头羊，但它现在最终还是依赖于传统市场。

Perspectives hold significance, but it's crucial to remember that capital markets, especially cryptocurrencies, can experience rapid shifts.

观点固然重要，但重要的是要记住，资本市场，尤其是加密货币，可能会经历快速变化。

Price Action: At the time of writing, Bitcoin was trading at $56,869.46, up 2% in the last 24 hours, according to data from Benzinga Pro.

价格走势：根据 Benzinga Pro 的数据，截至撰写本文时，比特币交易价格为 56,869.46 美元，在过去 24 小时内上涨了 2%。