全球不确定性导致加密货币暴跌

受传统市场负面情绪和地缘政治紧张局势的推动，包括比特币 (BTC) 和以太坊 (ETH) 在内的加密货币在 4 月 12 日星期五经历了大幅下跌。比特币跌破 66,000 美元，而较小的加密货币则面临 15-20 美元的更严重损失。 %，导致重大杠杆爆仓事件。此次经济衰退恰逢美国股市下跌、国债和美元飙升以及对中东冲突扩大的担忧。

Bitcoin and Cryptocurrencies Plunge Amidst Mounting Global Uncertainties

全球不确定性加剧，比特币和加密货币暴跌

On Friday, April 12th, the cryptocurrency market witnessed a significant downturn as both Bitcoin (BTC) and other digital assets experienced sharp declines. This sell-off was primarily attributed to negative sentiment spilling over from traditional markets, amplified by heightened geopolitical tensions.

4 月 12 日星期五，加密货币市场出现大幅下滑，比特币（BTC）和其他数字资产均出现大幅下跌。此次抛售主要归因于传统市场溢出的负面情绪，而地缘政治紧张局势加剧又加剧了负面情绪。

Bitcoin Slides Below $66,000

比特币跌破 66,000 美元

During the U.S. trading session, Bitcoin underwent a swift sell-off, dropping below $66,000 after briefly touching $71,000 earlier in the day. At the time of reporting, Bitcoin had recovered slightly to $66,700, still representing a decline of over 5% in the past 24 hours.

在美国交易时段，比特币经历了迅速抛售，在当天早些时候短暂触及 71,000 美元后跌破 66,000 美元。截至报告发布时，比特币已小幅回升至 66,700 美元，但过去 24 小时内仍下跌超过 5%。

Ethereum and Smaller Cryptos Suffer Hefty Losses

以太坊和较小的加密货币遭受重大损失

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, faced a significant setback, falling by up to 12% to $3,100. However, a subsequent recovery reduced the loss to 8%. Smaller cryptocurrencies, such as those included in the CoinDesk 20 Index, experienced even steeper declines, with the index dropping by nearly 10%. Notable examples include Cardano's ADA, Avalanche's AVAX, Bitcoin Cash (BCH), Filecoin (FIL), and Aptos (APT), which all saw sharp drops ranging from 15-20%.

市值第二大加密货币以太坊 (ETH) 遭遇重大挫折，跌幅高达 12%，至 3,100 美元。然而，随后的复苏将损失减少至 8%。较小的加密货币，例如 CoinDesk 20 指数中包含的加密货币，跌幅甚至更大，该指数下跌了近 10%。著名的例子包括 Cardano 的 ADA、Avalanche 的 AVAX、比特币现金 (BCH)、Filecoin (FIL) 和 Aptos (APT)，这些货币的跌幅均在 15-20% 之间。

Leverage Liquidation Event Wipes Out $850 Million

杠杆清算事件损失了 8.5 亿美元

The market downturn triggered a substantial leverage liquidation event, with approximately $850 million worth of leveraged derivatives positions across all cryptocurrencies being wiped out, according to data from CoinGlass. Notably, $770 million of these liquidated positions were long positions that anticipated price increases but were swiftly liquidated due to the abrupt market drop.

CoinGlass 的数据显示，市场低迷引发了大规模的杠杆清算事件，所有加密货币中价值约 8.5 亿美元的杠杆衍生品头寸被清空。值得注意的是，其中 7.7 亿美元的清算头寸是多头头寸，预计价格上涨，但由于市场突然下跌而迅速清算。

External Factors Drive Market Sentiment

外部因素驱动市场情绪

The market downturn coincided with a decline in U.S. stock markets. This decline was fueled by escalating concerns of an expanding conflict in the Middle East following warnings from U.S. officials that Iran might be preparing a significant attack on Israel.

市场低迷与美国股市下跌同时发生。在美国官员警告伊朗可能准备对以色列发动重大袭击之后，人们对中东冲突不断扩大的担忧加剧，加剧了这一下降。

This risky scenario prompted traders to seek out protective investments, leading to a surge in Treasury bonds and the U.S. dollar index (DXY). Major U.S. stock indices, such as the S&P 500 and Nasdaq 100, declined by 1.7% shortly before market close. Gold, traditionally known as a safe-haven asset, initially reached a new record high above $2,400 before reducing its gains, while oil prices edged up by 1%.

这种风险情景促使交易者寻求保护性投资，导致国债和美元指数（DXY）飙升。标准普尔 500 指数和纳斯达克 100 等美国主要股指在收盘前不久下跌 1.7%。传统上被称为避险资产的黄金最初触及2400美元上方的新纪录高位，随后涨幅回落，而油价小幅上涨1%。

Long-Term Optimism Amidst Short-Term Volatility

短期波动中的长期乐观

In a commentary released on Friday, the digital asset investment firm Ryze Labs expressed its anticipation of some "short-term market softness" for cryptocurrencies during the upcoming tax season in the United States. Despite this near-term caution, Ryze Labs remains optimistic about the long-term prospects for cryptocurrencies. The firm projects that a slowdown in quantitative tightening and potential adjustments in monetary policy to support U.S. government debt rollovers will provide some relief to the asset class.

在周五发布的评论中，数字资产投资公司 Ryze Labs 表示，预计美国即将到来的纳税季期间加密货币将出现“短期市场疲软”。尽管近期持谨慎态度，Ryze Labs 仍然对加密货币的长期前景持乐观态度。该公司预计，数量紧缩的放缓以及支持美国政府债务展期的货币政策的潜在调整将为该资产类别带来一定的缓解。

Bitcoin Halving Anticipated to Stabilize Price

比特币减半有望稳定价格

Most halving predictions suggest that Bitcoin is poised to rebound to the $70,000 mark. The recent decline may represent a temporary setback before more significant market activity resumes. Bitcoin is expected to reach new record highs this month following the halving, easing current concerns about its stability.

大多数减半预测表明，比特币有望反弹至 70,000 美元大关。最近的下跌可能代表着在更重要的市场活动恢复之前的暂时挫折。减半后，比特币预计本月将创下新高，缓解当前对其稳定性的担忧。

Implications for Precious Metals

对贵金属的影响

The upcoming Bitcoin halving is expected to impact not only the cryptocurrency market but also the precious metals market. As Bitcoin gains popularity, the investment allure of gold may diminish, as investors increasingly perceive Bitcoin as a superior investment option. This makes the upcoming halving event particularly significant in shaping alternatives to the U.S. dollar.

即将到来的比特币减半预计不仅会影响加密货币市场，还会影响贵金属市场。随着比特币越来越受欢迎，黄金的投资吸引力可能会减弱，因为投资者越来越认为比特币是一种更好的投资选择。这使得即将到来的减半事件对于塑造美元的替代品尤为重要。