随着美国 - 中国紧张局势的加剧，投资者寻求避难所的黄金和比特币

最近的报道表明，中国人民银行在一个月内为其储量增加了5吨黄金。

As tensions between the United States and China simmer, investors are seeking refuge in assets that can withstand the storm of global uncertainty. In this evolving landscape, two clear frontrunners are emerging—Gold and Bitcoin. While China continues its aggressive push into gold reserves, Bitcoin is gaining traction as a digital safe haven, with "whale" wallets and institutional interest on the rise.

随着美国和中国煮的紧张局势，投资者正在寻求可以承受全球不确定性风暴的资产的庇护。在这种不断发展的景观中，有两名明确的领跑者正在出现 - 戈尔德和比特币。尽管中国继续攻入黄金储量，但比特币正在成为数字避风港，并带有“鲸鱼”钱包和机构兴趣兴起。

China Adds Five Tonnes of Gold to Reserves in Less Than a Month

中国在不到一个月的时间内增加了五吨黄金

中国在不到一个月的时间内增加了五吨黄金

Recent reports from the People’s Bank of China (PBOC) reveal the nation's central bank has added five tonnes of gold to its reserves in less than a month, according to a report by CCVX. This quiet but decisive move highlights China's defensive financial stance amid increasing geopolitical and economic volatility.

CCVX的一份报告显示，中国人民银行（PBOC）的最新报告显示，该国的中央银行在不到一个月的时间内增加了五吨黄金。这一安静而果断的举动强调了中国的防御性金融立场，而地缘政治和经济波动不断增加。

The accumulation comes on the heels of growing trade tensions, particularly after former U.S. President Donald Trump introduced a 245% import tax on Chinese goods, a move that rattled global markets and sent investors scrambling for safe-haven assets.

累积是紧随贸易紧张局势的高跟鞋，尤其是在美国前总统唐纳德·特朗普（Donald Trump）对中国商品提出245％的进口税之后，此举使全球市场震撼了，并使投资者争先恐后地争夺安全的资产。

As of May, China's gold reserves stood at 2,050 tonnes, a figure that has been slowly increasing over the past few years. This focus on gold aligns with the nation's broader strategy to reduce reliance on the U.S. dollar and foster greater economic independence.

截至5月，中国的黄金储量为2,050吨，在过去的几年中，这个数字一直在慢慢增加。这种专注于黄金的关注与美国更广泛的战略相吻合，以减少对美元的依赖并促进更大的经济独立性。

Bitcoin: A Digital Safe Haven Amidst Market Turbulence

比特币：在市场动荡中的数字避风港

比特币：在市场动荡中的数字避风港

While China amasses gold, Bitcoin has made its own statement in the crypto sphere. Despite market turbulence and macroeconomic uncertainty, the flagship cryptocurrency has held firm above $87,000.

尽管中国积聚了黄金，但比特币在加密球体中发表了自己的声明。尽管市场动荡和宏观经济的不确定性，但旗舰加密货币仍使公司超过87,000美元。

Bitcoin is currently trading at around $90,107.15, with a 3.27% gain in the last 24 hours and showing resilience in the face of pressure, highlighting a growing perception of Bitcoin as a modern alternative to gold.

比特币目前的交易价格约为90,107.15美元，在过去24小时内增长了3.27％，面对压力，表现出弹性，强调了对比特币作为黄金的现代替代品的越来越多。

Data from on-chain analytics firm Glassnode reveals a significant uptick in "whale" activity, with more than 60 new Bitcoin addresses holding 1,000 BTC or more appearing since early March.

自3月初以来，来自链分析公司玻璃节点的数据揭示了“鲸鱼”活动的显着增长，其中有60多个新的比特币地址持有1,000 BTC或更多的出现。

The total number of such wallets has now climbed to 2,100, reaching its highest level in four months. This is a strong indication that high-net-worth individuals and institutional players are growing increasingly confident in Bitcoin's long-term value.

现在，此类钱包的总数已攀升至2,100，在四个月内达到了最高水平。这有很大的迹象表明，高净值个人和机构参与者对比特币的长期价值越来越有信心。

Interestingly, this surge in "whale" accumulation coincides with China's own dealings in the crypto space. After seizing 15,000 BTC, worth approximately $1.4 billion, from illegal activities, Chinese authorities are now exploring strategies to manage or dispose of the confiscated assets.

有趣的是，这种“鲸鱼”积累的激增与中国在加密货币领域的交易相吻合。从非法活动中夺取了15,000个BTC（价值约14亿美元）的BTC之后，中国当局现在正在探索管理或处置没收资产的策略。

Whether this leads to further market supply or state-controlled accumulation remains unclear, but it certainly adds another layer to the crypto-versus-gold debate.

这是导致进一步的市场供应还是国家控制的积累尚不清楚，但它肯定会为加密与金币辩论增加另一层。

Gold vs. Bitcoin: A Tug-of-War

黄金与比特币：拔河

黄金与比特币：拔河

Gold has hit record highs in recent weeks, with prices trading above $3,400. This surge in demand for the precious metal is a direct response to the global economic uncertainty and the potential for inflation.

黄金最近几周创下了创纪录的高点，价格交易高于3,400美元。对贵金属的需求激增是对全球经济不确定性和通货膨胀潜力的直接反应。

However, long-time gold advocate and vocal Bitcoin critic Peter Schiff believes that gold's breakout signals the need for interest rate hikes, not cuts.

但是，长期的黄金倡导者和人声比特币评论家彼得·希夫（Peter Schiff）认为，黄金的突破表明对利率上升的需求而不是削减。

In a post on X, formerly known as Twitter, Schiff warned that policymakers may be misreading market signals by opting for rate cuts instead of increases.

Schiff在以前称为Twitter的X上的帖子中警告说，决策者可能会通过选择削减税率而不是增加来误读市场信号。

"Gold jumping above $3,400 is a clear market signal that the Fed needs to raise interest rates," Schiff wrote. "The Fed will likely ignore gold's warning and cave to pressure. That policy mistake will send gold soaring."

席夫写道：“高于3,400美元的黄金是一个明显的市场信号，表明美联储需要提高利率。” “美联储很可能会忽略黄金的警告和压力。这一政策错误将使黄金飞涨。”

Schiff's warnings come as the global economy faces a triple threat of surging inflation, a looming recession, and the ongoing war in Ukraine. These factors are creating a perfect storm for investors, who are increasingly turning to safe-haven assets.

当全球经济面临飙升通货膨胀，迫在眉睫的衰退和乌克兰正在进行的战争的三重威胁时，席夫的警告就会发出。这些因素为投资者造成了完美的风暴，这些投资者越来越多地转向安全的资产。

While Schiff remains a staunch supporter of gold, Bitcoin has been carving out its own narrative. Its low correlation to fiat currencies and potential to serve as a hedge against monetary policy missteps are strengthening its appeal among risk-conscious investors.

尽管希夫仍然是黄金的坚定支持者，但比特币一直在雕刻自己的叙述。它与法定货币的相关性较低，并且有潜力作为抵抗货币政策失误的对冲，正在加强其在风险意识的投资者中的吸引力。

What Happens When U.S. Leans Into Crypto and China Reinforces Gold Reserves?

当我们倾向于加密和中国加强黄金储量时，会发生什么？

当我们倾向于加密和中国加强黄金储量时，会发生什么？

As the U.S. pivots towards cryptocurrency innovation and China reinforces its gold reserves, global capital flows are adjusting accordingly. ETF outflows totaling nearly $5 billion suggest that investors are increasingly moving away from traditional equities and into alternative stores of value.

随着美国朝着加密货币创新和中国增强其黄金储量的枢纽，全球资本流量正在相应地进行调整。 ETF流出了近50亿美元，这表明投资者越来越多地从传统股票中转移到价值替代商店。

At the same time, Bitcoin continues to demonstrate strong price stability amid these outflows, hinting at its growing role as a reserve asset. The rise in both Bitcoin and gold prices reflects a market-wide search for safety, driven by geopolitical uncertainty and fractured diplomacy.

同时，在这些流出的情况下，比特币继续表现出强劲的价格稳定性，这暗示了其作为储备资产的越来越多的作用。比特币和黄金价格的上涨反映了在地缘政治不确定性和破裂外交驱动的市场范围内寻求安全的搜索。

Despite conflicting headlines regarding China's relationship with Bitcoin—ranging from out-right bans to potential strategic use—the cryptocurrency's own trajectory suggests a maturing market that institutions are beginning to trust.

尽管关于中国与比特币的关系的头条矛盾（从外部禁令到潜在的战略用途），但加密货币自己的轨迹表明，机构开始信任的成熟市场。

While gold's historical reputation remains intact, Bitcoin is slowly earning its place alongside it as a credible, digital safe haven

虽然黄金的历史声誉仍然完好无损，但比特币正在慢慢赢得其位置，因为它是一个可靠的数字避风港