在政策不确定性的情况下，比特币收回$ 100K

加密货币市场今天进行了戏剧性的复苏，与美国总统唐纳德·特朗普（Donald Trump）在周末宣布的昨天的溃败相比，巨大的损失。

The crypto market experienced a significant recovery on Monday, reversing the steep losses incurred during Sunday's rout, which was triggered by US President Donald Trump's tariff announcement.

加密货币市场周一经历了重大的复苏，扭转了周日的溃败造成的巨大损失，这是由美国总统唐纳德·特朗普（Donald Trump）的关税宣布引发的。

Following news that Mexico and Canada had secured a one-month delay on new U.S. tariffs, Bitcoin and the broader market saw sharp rebounds.

在有消息称墨西哥和加拿大的新美国关税延迟了一个月，比特币和更广泛的市场看到了急剧的篮板。

Bitcoin Surges Past $100K Amid Policy Uncertainty

在政策不确定性的情况下，比特币激增了$ 100k

Bitcoin, which had dropped to $92,000 in the wake of Trump's tariff threats, surged 7.14% in the past 24 hours, trading at around $101,000 at press time. Ethereum (ETH) saw an even stronger rebound, climbing 12% to $2,809.

在特朗普的关税威胁之后，比特币跌至92,000美元，在过去的24小时内飙升了7.14％，在发稿时的交易约为101,000美元。以太坊（ETH）的反弹甚至更强，攀升了12％，至2,809美元。

Among altcoins, XRP led the recovery with a 23.34% surge, while Cardano (ADA), Sui (SUI), Pepe (PEPE), Ondo (ONDO), Aptos (APT), and Mantle (MNT) each posted gains exceeding 20%.

在AltCoins中，XRP以23.34％的速度领先恢复，而Cardano（ADA），SUI（SUI），Pepe（Pepe），Ondo（Ondo），Aptos（apt）（apt）和Mantle（MNT）张贴的收益超过20％ 。

The rebound in the crypto market mirrored the broader recovery seen in traditional risk assets, such as equities. The S&P 500, which dropped to 5,920 on the tariff news, had since reclaimed the 6,000 level.

加密市场的反弹反映了传统风险资产（例如股票）中更广泛的复苏。从那以后，标准普尔500标准普尔500降至5,920，此后收回了6,000级。

This highlights the increasing correlation between crypto and macroeconomic developments, particularly those tied to US trade policy.

这突出了加密和宏观经济发展之间的越来越多的相关性，尤其是与美国贸易政策相关的发展之间的相关性。

The Trump Trade: Volatility Returns to Markets

特朗普贸易：波动返回市场

BRN analyst Valentin Fournier described the events over the past few days as "Trump trading at its best."

BRN分析师Valentin Fournier在过去几天中将这些事件描述为“特朗普交易的最佳交易”。

"The rapid market swings following political maneuvers signal what could be a new era of volatility as Trump’s economic policies take shape in his second presidency," Fournier added.

Fournier补充说：“在政治演习之后，迅速的市场波动表明，随着特朗普在第二任总统任期内的经济政策的形成，可能是一个新时代。”

With trade tensions still present, crypto traders should be prepared for continued unpredictability in the coming months.

由于贸易紧张局势仍然存在，因此应在未来几个月内为持续的不可预测性做好准备。

The temporary pause on tariffs was secured after Mexico’s President Claudia Sheinbaum agreed to deploy 10,000 National Guard troops to bolster border security. Canada’s Prime Minister Justin Trudeau also announced a $1.3 billion border security initiative. These moves delayed the 25% tariffs on Mexican and Canadian goods, but Trump's 10% tariff on Chinese imports remained set to take effect as planned.

在墨西哥总统克劳迪娅·辛巴姆（Claudia Sheinbaum）同意部署​​10,000名国民警卫队以支持边境安全后，临时停顿了关税。加拿大总理贾斯汀·特鲁多（Justin Trudeau）还宣布了一项13亿美元的边境安全倡议。这些举动推迟了对墨西哥和加拿大商品的25％关税，但特朗普对中国进口商品的10％关税仍计划按计划生效。

Crypto's Sensitivity to Global Trade Policy

加密对全球贸易政策的敏感性

The market's response to the tariff developments highlighted the increasing interplay between crypto and global trade policy. A similar market reaction was observed last week when Bitcoin dropped after stock market losses linked to China’s AI startup DeepSeek.

市场对关税发展的反应强调了加密和全球贸易政策之间的相互作用日益增加。上周，当比特币与中国AI初创公司DeepSeek有关的股票市场损失后，比特币下降时也观察到了类似的市场反应。

Over the past year, Bitcoin has shown sensitivity to US economic data releases, Federal Reserve policy shifts, and geopolitical developments, as the asset becomes increasingly correlated with traditional financial markets, reinforcing Bitcoin’s dual nature as both a speculative asset and an emerging alternative to traditional financial hedges. While Bitcoin has historically been viewed as a non-correlated asset, recent movements suggest that institutional adoption has tethered it more closely to broader economic forces.

在过去的一年中，比特币表现出对美国经济数据的敏感性，美联储政策的转变和地缘政治发展，因为资产与传统金融市场越来越相关，增强了比特币的双重性质，既是投机性的资产，又是传统的替代方案。金融对冲。尽管历史上将比特币视为一种无关的资产，但最近的运动表明，机构采用使它更加紧密地与更广泛的经济力量联系在一起。

What's Next?

接下来是什么？

With a one-month deadline in place for further tariff negotiations, crypto traders will be keeping a close eye on upcoming trade talks.

有了一个月的截止日期，加密交易者将密切关注即将举行的贸易谈判。

Given Trump's penchant for unpredictable policy shifts, further volatility is to be expected. If a broader trade war emerges, crypto's role as both a risk asset and an inflation hedge will be tested once again. For now, today's rebound signals that the market remains resilient—but whether this stability holds will depend on how the next phase of trade negotiations unfolds.

鉴于特朗普对不可预测的政策转变的偏爱，预计将进一步波动。如果出现了更广泛的贸易战争，将再次测试加密货币作为风险资产和通货膨胀对冲的作用。目前，今天的反弹信号表明市场仍然具有弹性，但是这种稳定是否会取决于下一阶段的贸易谈判的发展方式。