比特币下跌至82,000美元，因为特朗普的“互惠关税”政策公告震撼了市场

在唐纳德·特朗普总统的关税宣布之后，虚拟资产（加密货币）市场正在急剧下降。

The virtual asset (cryptocurrency) market is experiencing a sharp decline following President Donald Trump's tariff announcement. It is interpreted that the investment sentiment has been suppressed as a higher-than-expected level of reciprocal tariff policy was announced.

在唐纳德·特朗普总统的关税宣布之后，虚拟资产（加密货币）市场正在急剧下降。据解释说，由于宣布了互惠关税政策的高度，投资情绪已被压制。

According to the virtual asset data platform CoinMarketCap at 11:15 PM on the 3rd, the leading virtual asset Bitcoin (BTC) is trading at $82,024, down 4.01% from the previous day. Bitcoin showed an upward trend to $88,000 the previous day, but plummeted to the $82,000 level immediately after President Trump's tariff announcement in the early morning.

根据第三次晚上11:15的虚拟资产数据平台CoinMarketCap，领先的虚拟资产比特币（BTC）的交易价格为82,024美元，比前一天下降了4.01％。比特币在前一天的上升趋势上升到88,000美元，但在特朗普总统在清晨宣布的宣布之后，比特币跌至82,000美元。

Among altcoins, Ethereum (ETH) is trading at $1,762, down 5.62% from the previous day. It fell below the psychological resistance level of $1,800 again since the 31st. Other major altcoins such as XRP, Binance Coin (BNB), Solana (SOL), Dogecoin (DOGE), and Pi Network (PI) are also showing weakness.

在Altcoins中，以太坊（ETH）的交易价格为1,762美元，比前一天下降5.62％。自31日以来，它再次低于心理阻力水平1,800美元。其他主要的山寨币，例如XRP，Binance Coin（BNB），Solana（Sol），Dogecoin（Doge）和Pi Network（PI）也显示出弱点。

Amid the ongoing market weakness due to macroeconomic uncertainties and geopolitical risks since the beginning of the year, Trump's tariff bomb has caused many coins to plummet by more than 50% compared to last year. In particular, projects like NEO and Mask Network (MASK), which experienced significant declines, have recognized the seriousness of the current situation and announced emergency measures.

自从今年年初以来，由于宏观经济不确定性和地缘政治风险引起的持续市场疲软，特朗普的关税炸弹使许多硬币暴跌了50％以上。特别是，诸如NEO和面具网络（Mask）之类的项目经历了重大下降，已经认识到当前情况的严重性并宣布了紧急措施。

Stronger-than-Expected US Tariff Policy

超过预期的美国关税政策

This virtual asset market crash was triggered by President Trump's tariff policy. Earlier, President Trump announced in a speech at the White House Rose Garden at around 5 AM that "the US will impose a basic tariff of 10% on all imported goods and apply reciprocal tariffs to about 60 trading countries."

特朗普总统的关税政策引发了这种虚拟资产市场崩溃。早些时候，特朗普总统在凌晨5点左右在白宫玫瑰花园的演讲中宣布：“美国将对所有进口商品征收10％的基本关税，并向约60个贸易国申请相互关税。”

Reciprocal tariff rates have been set for each country: △China 34%, △European Union (EU) 20%, △Vietnam 46%, △Taiwan 32%, △Japan 24%, △India 26%, △Thailand 36%, △Switzerland 31%, △Indonesia 32%, △Malaysia 24%, △Cambodia 49%, △United Kingdom 10%, △South Africa 30%.

每个国家都设定了相互关税率：△中国34％，欧洲联盟（EU）20％，越南46％，台湾32％，32％，△日本24％，印度26％，thailand 36％，泰国36％，switzerland 31％，△印度尼西亚32％，△MALAYSIA24％，cam 24％，△非洲30％。

South Korea, which had previously signed a Free Trade Agreement (FTA) with the US, is also expected to be subject to a 26% reciprocal tariff.

以前曾与美国签署了自由贸易协定（FTA）的韩国也有望承担26％的互惠关税。

Yoo Sang-dae, Deputy Governor of the Bank of Korea, diagnosed that "the US's reciprocal tariff measures are stronger than market expectations in terms of high tariff rates by country and the wide range of target countries," and "the possibility of increased financial market volatility is very high depending on future developments such as responses from major countries."

韩国银行副州长Yoo Sang-dae诊断出“美国的相互关税措施在按国家和广泛的目标国家 /地区的高关税率方面更为强大，而广泛的目标国家的高关税利率”，并且“金融市场波动的可能性很高，取决于未来的发展，例如来自主要国家的回应。”

Why US Reciprocal Tariffs Are Fatal to Virtual Assets

为什么美国互惠关税对虚拟资产致命

① Inflation Concerns↑… Possibility of Interest Rate Cuts ↓

①通货膨胀问题↑…降低利率的可能性↓

First, the possibility of price increases in the US due to tariffs is expected to worsen the investment sentiment for virtual assets. If inflation rises in the market due to the application of reciprocal tariffs, the possibility of interest rate cuts decreases, and market liquidity and investment sentiment are likely to become rigid.

首先，由于关税，美国价格上涨的可能性预计会恶化虚拟资产的投资情绪。如果由于互惠关税的应用，市场上的通货膨胀率上升，降低利率的可能性会下降，市场流动性和投资情绪可能会变得严格。

If tariffs begin, prices in the US are bound to face upward pressure. The US has so far imported mobile phones, electronic products, machinery, textiles, and wood at cheap prices from Southeast Asian countries like Vietnam, where labor costs are relatively low, rather than from its own country with high labor costs. However, if tariffs are imposed, the prices of these imports will rise.

如果开始关税，美国的价格肯定会面临上下压力。美国到目前为止以廉价的价格从越南等东南部的廉价价格进口手机，电子产品，机械，纺织品和木材，那里的劳动力成本相对较低，而不是来自其劳动力成本高的国家。但是，如果征收关税，这些进口的价格将上涨。

As a result, if inflation occurs in the US, it is expected to disrupt the Federal Reserve's (Fed) interest rate cut plans. It will become even more difficult to implement interest rate cuts to achieve the annual inflation target.

结果，如果通货膨胀发生在美国，预计将破坏美联储（美联储）削减利率的计划。实施降低利率以实现年度通货膨胀目标将变得更加困难。

② Concerns of Real Economy Recession… Bad News for Virtual Assets

②关注现实经济衰退……虚拟资产的坏消息

The recession of the real economy in countries that have become tariff targets is also likely to act as bad news for the virtual asset market.

在已经成为关税目标的国家中，实际经济的经济衰退也可能是虚拟资产市场的坏消息。

The US reciprocal tariff targets countries that have a trade surplus with the US. The tariff rates are set according to the size of the trade surplus. The higher the US trade dependence and surplus ratio, the higher the tariff applied.

美国的互惠关税针对与美国有贸易盈余的国家。关税利率根据贸易盈余的规模设定。美国贸易依赖性和盈余比率越高，关税率越高。

Therefore, if the trade volume decreases due to reciprocal tariffs, the GDP of those countries may also decrease. For example, Vietnam recorded $123.463 billion (about 124.5606 trillion won) in trade with the US in 2024, which amounts to 26% of Vietnam's 2024 GDP ($476.3 billion).

因此，如果由于互惠关税而贸易量减少，这些国家的GDP也可能会减少。例如，越南在2024年与美国进行了交易，越南的$ 1234.63亿美元（约124.5606亿韩元），占越南2024 GDP（4763亿美元）的26％。

"Such large-scale tariffs are an unprecedented case. It

“这样的大规模关税是一个前所未有的案件。