随着美国宣布新的关税，比特币在六天内首次下跌100,000美元

2月1日，他们签署了一项行政命令，增加了全球交易的紧张局势，并使加密货币社区感到惊讶。

Bitcoin dropped below the $100,000 mark for the first time in six days on Monday following an announcement by U.S. President Donald Trump of new tariffs for Chinese, Canadian, and Mexican imports, sparking a heated discussion on the future impact on crypto markets.

在美国总统唐纳德·特朗普（Donald Trump）宣布对中国，加拿大和墨西哥进口的新关税之后，比特币在周一六天内首次跌至100,000美元以下，引发了人们对未来对加密货币市场的影响的激烈讨论。

On Feb. 1, Trump administration officials announced an executive order that raised worldwide trading tension and came as a surprise to the cryptocurrency community.

2月1日，特朗普政府官员宣布了一项行政命令，该命令提高了全球贸易紧张局势，并令加密货币社区感到惊讶。

According to the White House, Trump’s tariffs include a 25% tariff on Canadian and Mexican imports and a 10% tariff on Chinese imports. Canadian energy imports will face a lower 10% tariff. The administration framed the move as a desire to make these countries pay for “ending illegal immigration” and curbing the flow of illicit drugs, including fentanyl.

根据白宫的说法，特朗普的关税包括对加拿大和墨西哥进口的25％关税，中国进口税率为10％。加拿大能源进口将面临10％的关税。政府将这一举动构成了使这些国家的愿望为“结束非法移民”和遏制包括芬太尼在内的非法毒品流动的愿望。

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The reaction from countries under the impact was swift. Canadian Prime Minister Justin Trudeau announced retaliatory tariffs of 25% on $106.5 worth of U.S. goods. China’s Ministry of Commerce, in turn, said it will file a case with the World Trade Organization (WTO) and threatened “corresponding countermeasures.” Mexican President Claudia Sheinbaum said her government will apply a “plan B” with tariff and non-tariff tools to defend Mexico’s interests.

在影响下的国家的反应迅速。加拿大总理贾斯汀·特鲁多（Justin Trudeau）宣布对价值106.5美元的美国商品的报复性关税为25％。反过来，中国商务部将向世界贸易组织（WTO）提起诉讼，并威胁“相应的对策”。墨西哥总统克劳迪娅·辛巴姆（Claudia Sheinbaum）表示，她的政府将使用关税和非关税工具应用“计划B”来捍卫墨西哥的利益。

The immediate financial impact is clear: tariffs have a potential to fuel inflation, which then prompts central banks to raise interest rates. That tends to drive investors out of risk assets like cryptocurrencies and into safer ones like bonds and term deposits.

直接的财务影响很明显：关税有可能加油通货膨胀，然后促使中央银行提高利率。这往往会使投资者脱离加密货币等风险资产，并进入债券和定期存款等更安全的货币。

Bitcoin’s drop to $99,111 on CoinMarketCap is a mental blow to the market, having savored its position over the six-figure level since the closing days in January. CoinGlass data shows $22.7 million in long positions getting liquidated four hours following the report, attributing the volatility at work

比特币在CoinMarketCap上跌至99,111美元，这是对市场的心理打击，自1月份结束以来，它在六位数的水平上品尝了其位置。 COINGLASS数据显示，报告后四个小时清算了2270万美元，归因于工作中的波动性

The crypto community is split on the long-term consequences of the tariffs, with some downplaying the impact and others arguing that the market turbulence is a symptom of a deeper malaise.

加密货币社区对关税的长期后果有所分歧，有些人淡化了影响，而另一些则认为市场动荡是更严重的不适的症状。

Dan Gambardello, a founder at Crypto Capital Venture, played down concerns the tariffs will put an end to the bull run.

Crypto Capital Venture的创始人丹·甘巴德洛（Dan Gambardello）提出了关注，关税将终止公牛奔跑。

“I cannot believe that a general perception out there is that Trump tariffs and Trump memecoins killed bull run,” Gambardello said. Institutional Bitcoin and Ethereum buying, in his view, is an expression of faith in the base of the market. “BlackRock continues buying ETH and BTC and retail frantically panicking because crypto is in a stage of consolidating.”

Gambardello说：“我不敢相信，普遍的看法是，特朗普关税和特朗普的成年人杀死了公牛奔跑。”在他看来，机构比特币和以太坊购买是对市场基础的信念。 “贝莱德继续购买ETH和BTC，零售业疯狂地恐慌，因为加密货币处于合并阶段。”

I cannot believe there’s a popular opinion floating around that Trump tariffs and his memecoins ended the bull cycle

我不敢相信周围有一个流行的看法，特朗普的关税和他的成员结束了公牛周期

Blackrock is continuing to accumulate ETH and BTC while retail frantically panics because crypto is currently consolidating

贝莱德（Blackrock）在零售业疯狂地恐慌时继续积累ETH和BTC，因为加密目前正在合并

Others, however, are less sanguine. Adam Cochran, a principal at Cinneamhain Ventures, argued that Bitcoin’s performance is too closely linked with macroeconomics to go entirely unscathed.

但是，其他人则不太乐观。 Cinneamhain Ventures的校长亚当·科克伦（Adam Cochran）认为，比特币的表现与宏观经济学太密切，无法完全毫发无损。

“Bitcoin isn’t decoupled enough with the global markets and acts in a similar manner triple-levered technology today,” Cochran said. “An economic squeeze of such magnitude simply involves agony everywhere, and we have to be okay with decrying that.”

Cochran说：“比特币与全球市场的脱钩不够，并以类似的方式采用三重杠杆技术。” “如此巨大的经济压力仅涉及到处的痛苦，我们必须谴责这一点。”

Tariff Wars and Bitcoin’s Future Impact

关税战争和比特币的未来影响

Bitwise Invest’s head of alpha strategies, Jeff Park, sounded even more positive on the matter.

Bitwise Invest的Alpha策略负责人Jeff Park对此事听起来更加积极。

“How amazing a tariff war prolonged will be for Bitcoin in the long run,” Park noted, predicting that the ongoing uncertainty in the world economy will make Bitcoin even more attractive as a hedge for traditional markets.

帕克指出：“从长远来看，长期对比特币的关税战争将是多么令人惊奇，”他预测，世界经济中持续的不确定性将使比特币更具吸引力，因为这是对传统市场的对冲。

You simply have not yet grasped how amazing a sustained tariff war is going to be for Bitcoin in the long run

从长远来看

The current market reaction highlights Bitcoin’s dual function as both a speculative investment and a hedge against traditional market volatility. While institutional demand for the leading cryptocurrency remains strong, retail investors are showing signs of skittishness in response to the macroeconomic uncertainty.

当前的市场反应强调了比特币的双重功能既是投机性投资，又是针对传统市场波动的对冲。尽管对领先的加密货币的机构需求仍然很强劲，但散户投资者在响应宏观经济不确定性时表现出巨大的迹象。

As the tariff standoff continues, the cryptocurrency market will likely become a battleground between two camps—one that bets on its long-term resilience and another that sees it as being at the mercy of global economic trends. For now, everyone is holding their breath as Bitcoin navigates this high-stakes financial scenario.

随着关税对峙的继续，加密货币市场可能会成为两个营地之间的战场，一个阵营押注了它的长期韧性，而另一种则将其视为全球经济趋势的摆布。就目前而言，当比特币在这种高风险的财务情况下，每个人都屏住呼吸。

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