由于通胀担忧和关税担忧，比特币市场暴跌

比特币连续两天的大幅暴跌震惊了加密货币市场，几乎抹去了 2025 年初的全部涨幅，并引发了新一波投资者的焦虑。

Bitcoin’s dramatic two-day plunge has rattled the crypto market, erasing nearly all of its early 2025 gains and sparking a fresh wave of investor anxiety.

比特币连续两天的大幅暴跌震惊了加密货币市场，几乎抹去了 2025 年初的全部涨幅，并引发了新一波投资者的焦虑。

Amid fears of rising inflation, surging bond yields, and potential US tariff policies under the incoming administration, Bitcoin fell to a low of $92,900 today (Wednesday), leaving traders debating its next move.

由于担心通胀上升、债券收益率飙升以及即将上任的政府可能采取的美国关税政策，比特币今天（周三）跌至 92,900 美元的低点，让交易员们争论其下一步行动。

Fed Policy and Tariff Concerns

美联储政策和关税担忧

The selloff began earlier this week as strong US economic data caused fears that the Federal Reserve might maintain a hawkish stance longer than anticipated, CNBC reported.

据 CNBC 报道，由于强劲的美国经济数据引发人们对美联储维持鹰派立场的时间可能长于预期的担忧，抛售始于本周早些时候。

The 10-year US Treasury yield surged, pressuring risk assets across the board. Bitcoin, which briefly traded above $102,000 on Monday, plunged nearly 5% in the daily chart. At the time of publication, the price was $94, 361, down 2% in the past day.

美国10年期国债收益率飙升，风险资产全面承压。比特币周一短暂交投于 102,000 美元上方，日线图暴跌近 5%。截至发稿时，价格为 94 美元，361 美元，较过去一天下跌 2%。

Among altcoins, Cardano’s ADA, Solana (SOL), and Avalanche (AVAX) led losses. Cardano (ADA) currently trades at $0.921, representing an 8% decline in the past day. SOL, DOGE, and AVAX are down 4%, 5%, and 6%, respectively.

在山寨币中，卡尔达诺的 ADA、Solana (SOL) 和 Avalanche (AVAX) 领跌。卡尔达诺 (ADA) 目前交易价格为 0.921 美元，较过去一天下跌 8%。 SOL、DOGE 和 AVAX 分别下跌 4%、5% 和 6%。

Minutes from the Federal Reserve's recent policy meeting reportedly highlighted rising concerns about inflationary pressures. Additionally, uncertainty surrounding President-elect Donald Trump's potential tariff policies has reportedly added to market jitters.

据报道，美联储最近的政策会议纪要凸显了人们对通胀压力的担忧日益加剧。此外，据报道，当选总统唐纳德·特朗普潜在关税政策的不确定性也加剧了市场的紧张情绪。

These factors have traders reevaluating expectations for 2025, with rate cuts potentially fewer than previously anticipated. Historically, rate cuts have buoyed Bitcoin prices, while rate hikes have had the opposite effect. Any signs of delayed cuts could hinder Bitcoin's upward trajectory, keeping traders on edge.

这些因素促使交易员重新评估对 2025 年的预期，降息幅度可能会比之前预期的要少。从历史上看，降息提振了比特币价格，而加息却产生了相反的效果。任何推迟减产的迹象都可能阻碍比特币的上涨轨迹，让交易员感到紧张。

Long-Term Prospects

长期前景

Bitcoin's long-term prospects remain tied to broader adoption, regulatory clarity, and technological innovation. With 2024 marking significant milestones such as spot ETF approvals and institutional adoption, investors remain cautiously optimistic about Bitcoin's role in portfolios.

比特币的长期前景仍然与更广泛的采用、监管的明确性和技术创新息息相关。随着 2024 年标志着现货 ETF 批准和机构采用等重要里程碑，投资者对比特币在投资组合中的作用保持谨慎乐观。

Technically, BTC is facing a downward price momentum. The cryptocurrency could find support at $91,829. Currently, it trades below the 50-moving average but remains above the 200-moving average.

从技术上讲，BTC 面临价格下行势头。该加密货币可能会在 91,829 美元处找到支撑。目前，其交易价格低于 50 移动平均线，但仍高于 200 移动平均线。

On the daily price chart, the Relative Strength Index is at 44, meaning the price is above the oversold zone and could drop further before the trend changes.

在每日价格图表上，相对强弱指数位于 44，这意味着价格位于超卖区域之上，并且在趋势发生变化之前可能会进一步下跌。

For now, market participants will watch for upcoming economic data and Trump's inauguration for cues. While uncertainty looms, Bitcoin's resilience in past downturns offers a glimmer of hope for traders seeking a rebound.

目前，市场参与者将关注即将公布的经济数据和特朗普的就职典礼以寻找线索。尽管不确定性迫在眉睫，但比特币在过去低迷时期的韧性为寻求反弹的交易者带来了一线希望。