比特币，以太坊和XRP脸屠杀

比特币，以太坊和XRP面临屠杀，以应对特朗普的政策和公告。加密货币的总市值下降至2.784万亿美元

The cryptocurrency market continues to bleed in response to Trump’s policies and announcements. The total market capitalization now stands at $2.784 trillion on Wednesday.

加密货币市场继续流血，以应对特朗普的政策和公告。现在的总市值为2.784万亿美元。

Bitcoin’s correlation (BTC) with the S&P 500 is 0.75 in the 30-day timeframe, highlighting the close connection between the top crypto and U.S. equities. Trumpism, or what U.S. President Donald Trump believes in at a particular moment on a particular day about a subject, has steered the crypto market sharply up or down within the first fifty days of his administration.

在30天的时间范围内，比特币与标准普尔500指数的相关性（BTC）为0.75，突出了顶级加密和美国股票之间的密切联系。特朗普主义，或美国总统唐纳德·特朗普（Donald Trump）在特定日期的特定时刻对某个主题的信念，在其政府的前五十天内急剧上下引导加密货币市场。

Why is crypto losing while Trumpism wins?

为什么加密在特朗普主义获胜时失败？

U.S. stocks are facing a slump, with the S&P 500 down nearly 8% in the past month and lower than it was the day before President Trump won the 2024 election. The index has seen a capital wipeout of $4.5 trillion.

美国股票面临低迷，在过去的一个月中，标准普尔500指数下跌了近8％，低于特朗普总统赢得2024年大选的前一天。该指数的资本消费为4.5万亿美元。

Crypto, often viewed as one of the high-volatility risk assets, has also faced a steep decline as traders become more risk-averse and pull capital from the category.

加密货币通常被视为高挥发性风险资产之一，随着交易者变得更加风险和从该类别中汲取资本，也面临着急剧下降。

While U.S. stock performance is among the worst ever recorded within the first 50 days of a new administration, crypto market capitalization is nearly 20% above the pre-election level, even after the correction.

尽管在新政府的前50天内，美国股票业绩是有史以来最糟糕的股票，但即使在更正后，加密市值也比选举前的水平差不多20％。

When Bitcoin crossed the $100,000 milestone and hit a new all-time high, Ethereum and XRP rallied alongside. The market-wide bloodbath has brought a decline in the top three cryptos, down nearly 15%, 28% and 9% in the past month, according to TradingView data.

当比特币越过了100,000美元的里程碑并达到了新的历史最高水平时，以太坊和XRP伴随着。根据TradingView的数据，过去三个加密货币的血液盆地在过去一个月下降了近15％，28％和9％。

Trump’s pro-crypto executive orders and Strategic Crypto Reserve announcement have failed to catalyze positive sentiment among traders. Alternative.me’s Crypto Fear & Greed Index shows traders remain fearful on Wednesday.

特朗普的亲克莱普托行政命令和战略加密储备公告未能催化交易者的积极情绪。替代性。Me的加密恐惧和贪婪指数表明，贸易商在星期三仍然感到恐惧。

In a February report, Forbes assessed the impact of Donald Trump’s return to the Presidency on alternative investments like digital assets. The publication noted that the outcome depends on the details of policy implementation, market expectations, and global economic conditions. While some sectors may benefit from deregulation or tax incentives, others might face reduced government support or policy shifts.

在2月份的一份报告中，福布斯评估了唐纳德·特朗普（Donald Trump）回到总统对数字资产等替代投资的影响。出版物指出，结果取决于政策实施，市场期望和全球经济状况的细节。尽管某些部门可能会受益于放松管制或税收优惠，但另一些部门可能会面临政府支持或政策转变的减少。

Traders will need to proactively switch strategies and adjust portfolios, trading headline to headline, and anticipate the potential changes, such as the inclusion of different tokens in the U.S. Strategic Crypto Reserve, to prioritize categories of tokens that are likely to receive favorable treatment or have inherent resilience to policy-induced volatility.

交易者将需要主动切换策略并调整投资组合，交易标题为标题，并预测潜在的变化，例如在美国战略加密保护区中包含不同的代币，以优先考虑可能获得有利的待遇或对政策诱发的波动性固有的韧性的代币类别。

Crypto market crash, pre and post-election performance of Bitcoin, Ethereum, XRPThe crypto market and top three tokens continued their decline this week after nearly four consecutive weeks of correction. As crypto traders digest Trump’s tariff wars and executive orders, institutions and market participants have become more risk-averse and realized losses in Bitcoin are mounting.

加密市场崩溃，比特币，以太坊，XRP The Crypto Market和前三名的选举前和选举后表现，经过近四个星期的更正，本周继续下降。随着加密货币交易者消化特朗普的关税战争和行政命令，机构和市场参与者已经变得更加风险，比特币的实现损失越来越大。

BTC is now at a crossroads where financial easing could mean crypto tokens gain, as traders drive demand for risk assets higher. However, geopolitical headwinds and Trumpism continue to weigh heavily on the sector.

BTC现在正处于十字路口，财务宽松可能意味着加密代币，因为交易者推动对风险资产的需求提高。但是，地缘政治逆风和特朗普主义继续对该行业负担重大。

The debate on whether a Strategic Crypto Reserve would meet the expectations of the crypto community and what the inclusion of Ethereum (ETH), XRP (XRP), Solana (SOL), and Cardano (ADA) means for token holders rages on social media platforms.

关于战略加密保护区是否会符合加密社区的期望，以及以太坊（ETH），XRP（XRP），Solana（Sol）（Sol）和Cardano（ADA）（ADA）在社交媒体平台上愤怒的辩论。

Traders now wait and watch for the narrative to unfold. It is typical for the Bitcoin price to drop between 20 and 25% before it rallies during a bull market. However, the macroeconomic headwinds and higher number of market movers make it challenging to predict BTC price trends in the coming weeks and months.

现在，交易者等待着观察叙述的发展。在牛市上集会之前，比特币的价格在20％到25％之间是典型的。但是，宏观经济的逆风和越来越多的市场推动者使预测未来几周和几个月中BTC价格趋势的挑战。

The $80,000 level remains a crucial support for Bitcoin; a return to the $100,000 milestone could see BTC rally towards its all-time high and test it. However, a decline from $80,000 could push the token to pre-election levels under $70,000.

80,000美元的水平仍然是对比特币的关键支持；返回100,000美元的里程碑可以将BTC集会带入其历史最高水平并进行测试。但是，从80,000美元下降可能会将令牌推向70,000美元以下的选举前水平。

Another 15% drop from the current price level could erase all post-election gains for Bitcoin.

从当前价​​格水平下降15％可以消除比特币的所有选举后收益。

Ethereum price is 30% below its pre-election level, returning to the price recorded in November of 2023. A lack of institutional interest, concerns regarding changes within the Ethereum Foundation, liquidation of whales who borrowed stablecoins against their Ether holdings as collateral, and waning interest from large wallet traders have negatively impacted Ethereum’s price trend.

以太坊价格低于其选举前水平30％，返回到2023年11月记录的价格。缺乏机构兴趣，对以太坊基金会内的变化的担忧，借助其以太股份借来的鲸鱼的捕鲸的清算以及大型钱包贸易商的兴趣减弱了以太贸易的兴趣。

Ether trades at $1,846 at the time of writing, and traders await a catalyst, like SEC approval to add staking to existing Ether ETFs in the U.S. to drive gains in the largest altcoin in crypto.

在撰写本文时，以太交易价格为1,846美元，交易者正在等待催化剂，例如SEC批准，以增加美国现有ETHEF的积分，以驱动加密货币最大的Altcoin的收益。

XRP is the most resilient among the top three cryptocurrencies, trading 75% above its pre-election levels. At the time of writing, XRP trades at $2.1668.

XRP是前三名加密货币中最有弹性的，其交易高于其选举前的水平75％。在撰写本文时，XRP的交易价格为2.1668美元。

Catalysts like the token’s addition to

催化剂像代币的添加