加密市场由于技术股票的抛售而流血

加密市场由于对潜在贸易战和美国可能的经济衰退的担忧而引起了科技股的更广泛抛售，因此流血。

Crypto market is bleeding because of a wider selloff in tech stocks, fueled by concerns about potential trade wars and a possible economic downturn in the US.

加密市场由于对潜在贸易战和美国可能的经济衰退的担忧而引起了科技股的更广泛抛售，因此流血。

On Monday, Bitcoin (BTC) price fell by 4% to $80,000 while Ethereum (ETH) price fell by as much as 6% to $1,756, a level not seen since Oct. 2023, though both assets have since recovered some of these losses. At press time, BTC is back at $81,600, while ETH climbed to $1920, though both are down by 1% and 8% from yesterday, respectively.

周一，比特币（BTC）的价格下跌了4％，至80,000美元，而以太坊（ETH）的价格下跌了6％至1,756美元，这是自2023年10月以来未见的水平，尽管这两种资产自此回收了其中一些损失。发稿时，BTC返回81,600美元，而ETH攀升至1920美元，尽管两者均比昨天分别下降了1％和8％。

The declines in crypto prices were triggered by a broader selloff of technology stocks in the U.S. The Nasdaq 100 Index, which is heavily weighted towards technology companies, had its worst day yesterday since Oct. 2022, dropping by 3.8%. Economic experts are increasing their predictions of a potential economic downturn in the U.S. Donald Trump did warn of a potential “disturbance” from trade wars with Canada, Mexico, and China.

加密价格下跌是由美国纳斯达克100指数对技术公司大量加权的更广泛的技术股票引发的，自2022年10月以来，其最糟糕的一天下降了3.8％。经济专家正在增加对美国唐纳德·特朗普（Donald Trump）潜在经济衰退的预测，警告了与加拿大，墨西哥和中国贸易战的潜在“干扰”。

“Now that the industry has its strategic Bitcoin reserve executive order, crypto has one fewer positive forward catalyst to price in, and we’re left at the mercy of macro risk appetites,” FalconX Global Co-Head of Markets Joshua Lim said.

“既然该行业已经有了战略性比特币储备金命令，加密货币的正向催化剂的价格越来越少，我们不受宏观风险胃口的怜悯，” Falconx全球市场联合公司Joshua Lim说。

The blow to crypto as a result of stock market crash is also evident in the slowing of stablecoin inflows. According to the chart Matrixport shared on X today, stablecoin inflows have dropped by more than 50%, correlating with Bitcoin’s price decline from its peak. In December 2024, stablecoin minting peaked near $1.8 billion. By March 2025, it fluctuated between $0.4–0.8 billion, a decline of more than 50% from the peak.

股市崩溃导致加密货币的打击也很明显，在稳定的流入速度放缓时也很明显。根据今天在X上共享的图表Matrixport的数据，Stablecoin流入下降了50％以上，与比特币的价格下降相关。 2024年12月，Stablecoin Minting达到了18亿美元的峰值。到2025年3月，它波动在0.4-08亿美元之间，从峰值下降了50％以上。

Stablecoins are often used for market entry/exit and provide stability, so a decline in their minting directly impacts liquidity. This suggests less demand for crypto, further pushing the market into consolidation. Matrixport analysts attribute the slowing of stablecoin minting to two main factors. Either the stablecoin issuers have accumulated enough in reserves. Or, there’s simply not enough demand from the market. Regardless of the cause, the crypto market needs a significant injection of new capital to lift up prices.

稳定剂通常用于市场进入/退出并提供稳定性，因此它们的铸造下降会直接影响流动性。这表明对加密的需求较少，进一步推动了市场的整合。 Matrixport分析师将stablecoin铸造的放缓归因于两个主要因素。 Stablecoin发行人在储备中积累了足够的储备。或者，对市场的需求根本没有。不管原因是什么，加密货币市场都需要大量注入新资本来提高价格。