比特币倒塌至80,000美元，从加密货币市场中消失了超过2000亿美元

根据Coingecko的数据，比特币刚刚跌至80,000美元，在过去一年中最糟糕的单日坠机之一中，比特币从加密货币市场中消失了超过2000亿美元。

Bitcoin price today slid below the $80,000 level, cancelling out over $200 billion from the crypto market in one of the worst single-day crashes we’ve seen over the past year, according to data from CoinGecko.

根据Coingecko的数据，今天的比特币价格今天滑低于80,000美元的水平，从加密货币市场中取消了超过2000亿美元的价格。

As Ether also crashed below $2,000 to trade at $1,992—a level we haven’t seen in over six months—the sudden sell-off came after Donald Trump signed an Executive Order on Thursday, officially launching the Strategic Bitcoin Reserve. A decision you’d expect to boost prices, not tank them.

由于以太币还跌至2,000美元以下，以1,992美元的价格（我们六个月以来还没有看到的水平），突然抛售了唐纳德·特朗普（Donald Trump）周四签署行政命令，正式启动了战略比特币储备。您期望提高价格，而不是打动他们的决定。

Friday’s White House Crypto Summit was set to be the big event, but Trump threw a curveball by announcing the reserve ahead of schedule. Traders were betting on a bullish rally from this move, but instead, Bitcoin dropped from $90,000 to $85,000 within minutes of the announcement.

周五的白宫加密峰会定义为大型活动，但特朗普提前宣布储备金来投掷曲线球。贸易商从此举开始押注看涨的集会，但比特币在宣布后的几分钟内从90,000美元下降到了85,000美元。

The market reaction was brutal. Options traders were seen unwinding long positions, volatility spiked, and put contracts saw surging demand as traders scrambled to hedge against deeper downsides, according to data from Coinglass.

市场反应是残酷的。根据Coinglass的数据，期权交易者被发现放松了长时间的头寸，波动率飙升，并将合同提出了飙升，随着交易者争先恐后地对冲更深的弊端，需求激增。

Trump’s Bitcoin reserve triggers sell-off instead of rally

特朗普的比特币预备队触发了抛售而不是集会

The Executive Order confirms the US government’s plan to stockpile Bitcoin in an effort to diversify its foreign exchange reserves. But there’s a small detail—there’s no new funding for purchases yet.

行政命令确认了美国政府储备比特币的计划，以使其外汇储量多样化。但是有一个很小的细节 - 尚无新的购买资金。

The initial Strategic Bitcoin Reserve will be funded using Bitcoin already seized from criminal or civil asset forfeiture, which means there won’t be any immediate demand pressure.

最初的战略比特币储备将使用已经从刑事或民事资产没收中扣押的比特币进行资金，这意味着不会立即施加需求压力。

Later, Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick will be tasked with figuring out “budget-neutral” ways to add more Bitcoin without costing taxpayers a dime.

后来，财政部长Scott Bessent和商务部长霍华德·卢特尼克（Howard Lutnick）将被任命弄清“预算中立”的方式，以增加更多比特币，而不会使纳税人损失一毛钱。

However, that wasn’t exactly what traders wanted to hear. The market was largely anticipating an announcement of large-scale crypto purchases to fund the reserve, kicking off a massive bull rally. But instead, there will be no new buying activity at least initially.

但是，这并不是交易者想听的。该市场在很大程度上预计宣布购买大规模加密货币以资助储备金，从而启动了大规模的公牛集会。但是，相反，至少最初不会有新的购买活动。

Also, traders were expecting this announcement to come on Friday, at the White House Crypto Summit. But Trump surprised everyone by signing the order early on Thursday.

此外，交易者还期望这一宣布将于周五在白宫加密赛峰会上发布。但是特朗普在周四初签署命令使所有人感到惊讶。

This makes sense considering the administration is focused on cutting government spending and programs. Launching a new crypto fund, even if it’s funded through forfeiture assets, might not align with their current priorities.

考虑到政府的重点是削减政府支出和计划，这是有道理的。即使是通过没收资产资助的新加密基金，也可能与当前的优先事项一致。

What happened: A look at the market reaction

发生了什么：看市场反应

The market is now pricing in more downside risk than upside potential, according to trading company QCP.

根据贸易公司QCP的数据，现在，市场的下行风险要比上行潜力更大。

“The skew has flipped again. Makes sense with the LTC and ADA and SOL coins also getting sold off today. Paynopause is getting sold off too. Back to square one,” the company wrote in its Friday Telegram note.

“偏斜再次翻转了。 LTC和ADA和SOL硬币也很有意义。 Paynopause也被卖掉了。回到第一方。”该公司在星期五电报注释中写道。

Its analysis shows that traders were massively bullish on cryptocurrencies like Litecoin, Cardano, and Solana earlier this week, but that quickly reversed.

它的分析表明，贸易商在本周早些时候对莱特币，卡达诺和索拉纳等加密货币的加密货币非常看好，但这很快就扭转了。

Its analysis shows that traders were massively bullish on cryptocurrencies like Litecoin, Cardano, and Solana earlier this week, but that quicklyलीजिए.

它的分析表明，贸易商在本周早些时候对莱特币，卡达诺和索拉纳等加密货币非常看涨，但很快。