随着美元飙升，比特币暴跌，制造业数据加剧了美联储加息的可能性

随着美元指数飙升至 105.00 以上，达到 11 月中旬以来的最高水平，比特币价格遭受重创。强劲的美国工厂数据推高了美元价值并降低了美联储六月份降息的预期，加剧了跌势。更广泛的加密货币市场也经历了损失，以太坊、Solana 的 SOL 和狗狗币均大幅下跌。

Bitcoin Plunges as Dollar Soars, Manufacturing Data Boosts Fed Rate Hike Expectations

美元飙升，制造业数据提振美联储加息预期，比特币暴跌

Tokyo, Japan - Bitcoin faced a wave of selling pressure during Tuesday's Asian trading session, plummeting below the $66,500 mark as the U.S. dollar index rose to its highest level since mid-November, casting a shadow over the cryptocurrency market.

日本东京 - 周二亚洲交易时段，比特币面临一波抛售压力，随着美元指数升至 11 月中旬以来的最高水平，比特币暴跌至 66,500 美元大关，给加密货币市场蒙上阴影。

The downturn in Bitcoin's value came on the heels of upbeat U.S. manufacturing data, which lifted the dollar index (DXY) above 105.00 for the first time in four months. A stronger dollar tends to make dollar-denominated assets like Bitcoin less appealing, potentially reducing demand. Moreover, a sustained surge in the dollar can lead to global financial tightening, dampening investors' risk appetite.

比特币价值的下跌是在美国制造业数据乐观之后发生的，该数据将美元指数（DXY）四个月来首次升至 105.00 以上。美元走强往往会降低比特币等以美元计价的资产的吸引力，从而可能减少需求。此外，美元持续飙升可能导致全球金融紧缩，抑制投资者的风险偏好。

Adding to the bearish sentiment, data released on Monday showed that U.S. manufacturing activity unexpectedly picked up pace in March, with the Institute for Supply Management's (ISM) manufacturing purchasing manager's index (PMI) rising to 50.3, indicating expansion in the sector for the first time since September 2022. The resumption of manufacturing growth and higher inflation readings from the sector bolstered the case for continued Federal Reserve (Fed) rate hikes, dimming the prospects of a policy pivot anytime soon.

周一公布的数据显示，美国 3 月份制造业活动意外加快，供应管理协会 (ISM) 制造业采购经理人指数 (PMI) 升至 50.3，显示该行业首次出现扩张，加剧了看跌情绪。自 2022 年 9 月以来的一段时间。制造业增长的恢复和该行业通胀数据的上升支撑了美联储 (Fed) 继续加息的理由，使政策很快转向的前景变得黯淡。

"Markets are laser-focused on the ISM report, with 10-year Treasury yields climbing on the back of the return of manufacturing growth and elevated inflation readings from the sector," said analysts at ING in a note to clients. "With 20 or so individual Federal Reserve speeches on the agenda this week, the market is likely considering that today's outcome will make officials hesitate before committing to significant policy easing."

ING分析师在给客户的一份报告中表示，“市场高度关注ISM报告，在制造业增长回升和该行业通胀数据上升的背景下，10年期国债收益率攀升。” “本周美联储将发表大约 20 场个人讲话，市场可能会认为今天的结果将使官员们在承诺大幅放松政策之前犹豫不决。”

The Federal Reserve has raised interest rates from near zero to 5.5% over the past 16 months in a bid to curb inflation. The aggressive tightening stance has contributed to a significant decline in Bitcoin's price in 2022.

过去 16 个月，美联储已将利率从接近于零的水平提高至 5.5%，以抑制通胀。激进的紧缩立场导致比特币价格在 2022 年大幅下跌。

While the strong dollar and hawkish Fed policy outlook weighed on Bitcoin, some analysts believe that the ballooning fiscal debt will ultimately force the central bank to pivot to rate cuts, providing a major tailwind for crypto prices. However, the near-term outlook for Bitcoin remains uncertain, with several key economic data releases and the quadrennial mining reward halving event on the horizon.

尽管强势美元和鹰派的美联储政策前景打压了比特币，但一些分析师认为，不断膨胀的财政债务最终将迫使央行转向降息，为加密货币价格提供主要推动力。然而，比特币的近期前景仍然不确定，一些关键经济数据的发布和四年一度的挖矿奖励减半事件即将到来。

Key Economic Data and Events to Watch:

值得关注的主要经济数据和事件：

• Friday's U.S. nonfarm payrolls report
• The release of the U.S. unemployment rate
• Bitcoin blockchain's quadrennial mining reward halving later this month

周五美国非农就业报告公布美国失业率比特币区块链四年一度的挖矿奖励本月晚些时候减半