特朗普关税公告中的加密市场卷轴，比特币下跌6.8％，以太坊跌落25％

加密货币超过了周一在我们和国际股票的其他领域中看到的损失。尽管交易者从特朗普和墨西哥总统克劳迪娅·辛巴姆（Claudia Sheinbaum）之间达成协议中获得了一些解脱，该协议将墨西哥的关税推迟了一个月，但加密货币仍在周一傍晚受伤。

Cryptocurrency prices plunged on Monday after President Donald Trump's hard-line tariff announcements sent the market spiraling, with the sell-off amplified by an unwinding of leveraged bets on digital assets.

在唐纳德·特朗普（Donald Trump）总统的硬线关税公告使市场螺旋式增长之后，加密货币价格在周一下跌，随着售罄的销售，卖出了数字资产的杠杆赌注。

Bitcoin fell as much as 6.8% in the last 24 hours, paring those losses after the update on Mexico tariffs. However, the decline on fears of a trade war was more pronounced for other tokens.

在过去24小时内，比特币下跌了6.8％，在墨西哥关税更新后削减了这些损失。但是，对贸易战的担忧的下降对于其他令牌而言更为明显。

Popular winners since the November election, such as XRP and Solana, suffered double-digit losses across Monday morning.

自11月大选以来，XRP和Solana等最受欢迎的获奖者在周一早上遭受了两位数的损失。

But the most dramatic drop was seen in the price of Ethereum, which fell as much as 25%, erasing all of the gains since Trump's November election and bringing the world's second-largest cryptocurrency to a five-point low. The token was still down 11% at midday, trading around $2,695.

但是，最戏剧性的下降是在以太坊的价格下降了25％，自特朗普11月大选以来，消除了所有收益，并使世界第二大加密货币降低了五点。该代币在中午仍然下跌11％，交易约为2,695美元。

"In the past 24 hours alone, we've seen over $2.2 billion in liquidations—the largest in crypto history—surpassing even the fallout from FTX and Terra Luna," Matt Mena, crypto research strategist at 21Shares, told Business Insider, referring to the collapse of Sam Bankman Fried's crypto exchange and the fall of a popular stablecoin in 2022.

“仅在过去的24小时中，我们已经看到了超过22亿美元的清算（加密历史上最大的清算），即使是FTX和Terra Luna的后果，” 21Shares的加密研究策略师Matt Mena告诉Business Insider，山姆·班克曼（Sam Bankman）弗里德（Sam Bankman）的加密交易所的崩溃和2022年受欢迎的stablecoin倒塌。

At first glance, crypto's negative reaction stems from the same reasons affecting risk assets broadly: Trump's pledge to levy sweeping tariffs on Canada, Mexico, and China by Tuesday.

乍一看，加密货币的负面反应源于影响风险资产的相同原因：特朗普周二向加拿大，墨西哥和中国征收关税的保证。

Yet, the decline was made worse by the fact that the crypto market never closes, allowing panicked traders to sell over the weekend, with volatility picking up steam as traders returned on Monday, said Mena. Add to that high levels of leverage in the market, and crypto ended up facing a cascade of liquidations.

梅纳说，由于加密货币市场永远不会关闭，使恐慌的交易者在周末销售的事实变得更加糟糕，随着贸易商周一返回，波动率迅速增加。除了市场上的高度杠杆率，加密货币最终面临着一系列清算。

Zack Shapiro, head of policy at the Bitcoin Policy Institute, told BI that Ethereum saw the worst of the sell-off due to its more prominent role in the decentralized finance ecosystem, which relies more on automation for trading.

比特币政策研究所政策负责人扎克·夏皮罗（Zack Shapiro）告诉BI，以太坊认为，由于其在分散的金融生态系统中更为突出的作用，卖掉了最糟糕的售罄，这更依赖于交易自动化。

"A lot of the decentralized exchanges, automated market makers, all these things are built on ETH and have ETH integrated into them," Shapiro said. "So when that plumbing breaks, or there is sort of on-chain liquidation, that hits ETH especially hard."

夏皮罗说：“许多分散的交流，自动化的做市商，所有这些都是基于ETH建立的，并将ETH融入其中。” “因此，当水管断裂或存在某种链链清算时，特别严重地击中了ETH。”

Shapiro said that the weekend plunge may also have wiped out positions of some highly leveraged institutional players, which helps explain Ethereum's steep price drop.

夏皮罗说，周末的暴跌也可能已经消除了一些高度杠杆化机构参与者的职位，这有助于解释以太坊的高价下降。

As for bitcoin, Standard Chartered expects a rough patch for the apex token over the next few days. Bitcoin is again at risk of falling below the $90,000 mark, a level the bank sees as a key support threshold for the coin. A drop below that price could trigger a major crypto downturn, Standard Chartered said in January.

至于比特币，标准特许期望在接下来的几天内对顶点令牌进行粗略的补丁。比特币再次处于低于$ 90,000大关的风险，银行将其视为硬币的关键支持门槛。标准特许在一月份说，低于该价格的下降可能会引发严重的加密货币低迷。

In Mena's view, the crypto shakeout may be a healthy pullback, ridding the market of excessive speculation that has built up over the past eight months. In his view, last month's Trump meme coin frenzy was the clearest sign of an overheated market.

MENA认为，加密奶昔可能是一个健康的回调，这消除了过去八个月中过度猜测的市场。他认为，上个月的特朗普模因硬币疯狂是一个过热市场的最明显迹象。

" Regardless, the market needed a cooldown, and this tariff-driven sell-off may have just been the catalyst to force a reset," he said.

他说：“无论如何，市场需要冷却，这种关税驱动的售出可能只是迫使重置的催化剂。”