加密货币市场回顾：从4月5日至12日起

从4月5日至12日，加密货币市场有一个非常多的一周。尽管市场仍受到美国和中国之间持续的贸易紧张局势的影响

The cryptocurrency market had quite an eventful week from April 5–12. While the market was still affected by the ongoing trade tensions between the U.S. and China, several key developments happened over the week that are set to impact the market moving forward.

从4月5日至12日，加密货币市场有一个非常多的一周。尽管市场仍受到美国和中国之间持续的贸易紧张局势的影响，但在一周内发生了一些关键的发展，这将影响市场的前进。

On Monday we saw the escalation of the trade war between the two most powerful economies in the world. On this date, China announced retaliatory tariffs against the U.S. of 34%, sending stock markets across the globe crashing, including the Hang Seng Index and CSI300 experiencing the biggest daily drop since 2008.

周一，我们看到了世界上两个最强大的经济体之间贸易战的升级。在这个日期，中国宣布对美国的34％的报复性关税，使全球股票市场坠毁，包括Hang Seng Index和CSI300，这是自2008年以来每日最大的下跌。

The move came in response to President Donald Trump’s decision to raise tariffs on 250 billion worth of Chinese goods from 25% to 34% and widening the net to include another 300 billion in goods.

此举是为了回应唐纳德·特朗普总统决定将价值2500亿货物的关税从25％提高到34％，并扩大了净额，其中包括另外3000亿货物。

The crypto market meanwhile saw the launch of the first-ever leveraged XRP ETF, Teucrium 2x Long Daily XRP ETF (XXRP), allowing traditional investors to gain leveraged exposure to the world’s second-largest altcoin by market capitalization.

同时，加密货币市场推出了有史以来第一个杠杆XRP ETF，Teucrium 2倍长的每日XRP ETF（XXRP），使传统投资者通过市场资本化获得了向世界第二大山寨币的利用。

After days of hinting at a broader trade deal with China, President Donald Trump announced that he would be postponing tariffs on other nations (except China) and surcharges on U.S. companies that produce goods abroad. The president also said that he hopes to meet Chinese President Xi Jinping at the upcoming G20 summit in Japan.

经过几天的暗示与中国达成了更广泛的贸易协定，唐纳德·特朗普总统宣布，他将向其他国家（中国除外）推迟关税，并向美国在国外生产商品的公司收取附加费。总统还说，他希望在即将到来的日本举行的G20峰会上与中国总统习近平会面。

The move comes after months of tension between the two economic superpowers, which began when President Trump announced plans to impose tariffs on steel and aluminum imports. China responded with tariffs on U.S. goods, escalating the dispute.

此举是在两个经济超级大国之间几个月的紧张局势之后进行的，这是特朗普总统宣布计划对钢铁和铝进口征收关税的计划。中国对美国商品的关税做出了回应，并升级了争端。

The tariffs were part of a broader effort by the Trump administration to renegotiate trade deals that it said were unfair to the United States. The administration also imposed sanctions on several Chinese officials and entities over human rights abuses.

关税是特朗普政府更加努力重新谈判贸易协议的一部分，这对美国不公平。政府还对侵犯人权的几个中国官员和实体实施了制裁。

On Wednesday, U.S. Treasury yields surged to historic levels, with 30-year bonds experiencing their largest weekly climb in four decades. The 10-year yield hit 3.85%, approaching last year’s peaks, as investors accelerated a bond sell-off amid mounting inflation concerns and disruptions in global trade flows.

周三，美国财政部的收益率飙升至历史水平，其中30年的债券在四十年中经历了每周最大的攀登。 10年期收益率达到了3.85％，接近去年的峰值，因为投资者在通货膨胀率不断增加的问题和全球贸易流动中断的情况下加速了债券的抛售。

The market would get some reprieve as President Trump announced a postponement of tariffs on other nations (except China). On the same date, Paul Atkins was appointed the new Securities and Exchange Commission Chair, taking Gary Gensler’s place and replacing Acting Chair Mark Uyeda.

当特朗普总统宣布推迟其他国家的关税（中国除外），市场将受到一些缓刑。在同一日期，保罗·阿特金斯（Paul Atkins）被任命为新的证券交易委员会主席，占领了加里·盖斯勒（Gary Gensler）的位置并替换代理主席马克·乌耶达（Mark Uyeda）。

Market confidence briefly improved on Thursday as the most recent CPI report showed inflation numbers that were lower than anticipated. As investors conjectured that the Federal Reserve could lean toward rate cuts in the upcoming FOMC meeting, Bitcoin initially responded favorably to the news.

周四，市场信心在周四短暂提高，因为CPI的最新报告显示，通货膨胀率数量低于预期。当投资者推测联邦储备可以在即将举行的FOMC会议上倾向于削减税率，比特币最初对这一消息做出了有益的反应。

This week’s Jobless Claims also revealed better-than-expected numbers, showing that around 226,000 individuals applied for unemployment benefits last week, compared to expectations of 230,000 and a previous week’s figure of 216,000.

本周的失业索赔还显示出比预期的要好得多，这表明上周约有226,000个人申请了失业福利，而前一周的216,000人的期望为230,000。

On Friday, Ripple and the SEC took a significant step toward resolving their long-standing legal battle by filing a joint motion to stay the appeals of a judge’s ruling that largely favored the SEC. This move follows the appointment of SEC Chairman Paul Atkins, signaling a potential shift in regulatory stance.

周五，Ripple和SEC通过提出联合动议来确定法官裁决的上诉，这在很大程度上支持SEC。这一举动是在SEC主席保罗·阿特金斯（Paul Atkins）任命之后的，这表明监管立场的潜在转变。

The move comes after a federal judge ruled largely in favor of the SEC in April, upholding the agency’s classification of XRP as a security and overturning a ruling on institutional sales. However, Judge Charles Engelmann granted an appeal on a statute of limitations claim regarding an administrative law judge’s 2020 ruling.

此举是在一名联邦法官在4月份裁定支持SEC的主要裁定之后，坚持该机构将XRP的归类为安全，并推翻了对机构销售的裁决。但是，查尔斯·恩格尔曼法官就有关行政法法官2020年裁决的法规索赔提出了上诉。

The SEC had argued that its classification of XRP was not arbitrary or capricious, and the judge agreed, stating that the SEC sufficiently explained its reasoning for determining that XRP met the Howey Test, a legal standard used to define securities.

SEC辩称，其对XRP的分类不是任意或反复无常的，法官表示同意，表明SEC充分解释了其确定XRP符合Howey Test的推理，这是用于定义证券的法律标准。

The SEC’s case focused on the 2013 initial coin offering (ICO) of XRP, with the agency claiming that Ripple sold the cryptocurrency to raise capital for its business ventures.

SEC的案件重点介绍了XRP的2013年初始硬币产品（ICO），该机构声称Ripple出售了加密货币以筹集其商业企业的资本。

The case has significant implications for the broader cryptocurrency industry, as it could set precedents for the regulation of other digital assets.

该案件对更广泛的加密货币行业具有重要意义，因为它可以为其他数字资产的规范设定先例。

Donald Trump has signed the first-ever crypto-focused bill into law, overturning an IRS rule that required tax reporting for validators and members of decentralized finance (DeFi) protocols.

唐纳德·特朗普（Donald Trump）已签署了有史以来第一个以加密货币为中心的法案，推翻了一项IRS规则，该规则需要为验证者和分散财务（DEFI）方案的成员进行税收报告。

The measure, known as an "economic impact statement," was part of a broader bill to extend government funding and avert a shutdown.

该措施被称为“经济影响声明”，是一项更广泛的法案的一部分，以扩大政府资金并避免关闭。

The move comes after months of lobbying by cryptocurrency groups, who argued that the rule would be a major setback for the industry.

此举是在加密货币集团进行了几个月的游说之后，他们认为该规则将是该行业的重大挫折。

The IRS rule, which was introduced last year, stated that cryptocurrency brokers, validators, and DeFi protocol members would be required to report the names, addresses, and Social Security numbers of their clients to the agency.

IRS规则是去年引入的，他指出，将要求加密货币经纪人，验证者和DEFI协议成员将其客户的姓名，地址和社会安全号码报告给该机构。

The rule also said that brokers would be required to file an annual return with the IRS, reporting the total value of cryptocurrency

该规则还说，经纪人将被要求向国税局提交年度申报表，并报告加密货币的总价值