黄金从历史悠久的顶部下降，但比特币不是新的避难所

在高达3,500美元的盎司后，周二获得了新的历史记录，黄金丢失的指甲油，今天早上滑到3300美元（-2.2％）。

Gold price today descends from the historic highs, but Bitcoin is not the new refuge. After the rise to $ 3,500 an ounce, a new historical record reached on Tuesday, saw the precious metal lose ground, sliding this morning to $ 3,300 (-2.2%).

当今的黄金价格来自历史最高的高点，但比特币不是新的避难所。在每盎司上涨至3,500美元之后，周二获得了新的历史记录，看到了贵金属损失地面，今天早上滑到3,300美元（-2.2％）。

To trigger the correction was an unexpected change of pace by the White House: Donald Trump backed down on the president of the Fed, Jerome Powell, stating that he does not want to remove him, after days of threats and pressures for a cut in the rates. A sign of relaxation that has cooled the demand for safe-haven assets, with gold collapsing by $ 200.

触发更正是白宫​​的意外变化：唐纳德·特朗普（Donald Trump）退缩了美联储杰罗姆·鲍威尔（Jerome Powell），他说他不想撤职，经过数日的威胁和压力，以削减利率。放松的迹象使人们对安全资产的需求降低了，黄金崩溃了200美元。

But that's not all: the climate has also softened on the China front. The Secretary of the Treasury, Scott Besent, called the commercial war "unsustainable", while Trump spoke of "substantially lower" duties if an agreement is reached. The response of the markets was not slow in coming and saw the Bitcoin rate also divide, returning above 93,000 dollars (+6% in 24 hours), increasingly hooking to the movements of the yellow metal. Affaritaliani.it contacted the Activitrades analyst, Saverio Berlinzani.

但这还不是全部：气候在中国阵线上也已经减轻了。财政部长斯科特·贝斯特（Scott Besent）称商业战争为“不可持续”，而特朗普则说，如果达成协议，则“大幅降低”职责。市场的反应并不是很慢，并且看到比特币速率也分裂，返回了93,000美元以上（24小时内+6％），越来越多地吸引了黄色金属的运动。 avratiani。它联系了激进分析师Saverio Berlinzani。

Powell is now "safe"? How credible is this Trump rethinking?

鲍威尔现在是“安全的”吗？这个特朗普重新思考有多可信？

"Until now Trump has alternated a stick and carrot in his pronouncements. So we would not be surprised to hear criticism again of the governor of the Fed's work soon. The market remains poised between Risk On and Risk off and can change trend several times according to the pronouncements of the US President."

“到目前为止，特朗普在他的声明中已经交替了一根棍子和胡萝卜。因此，再次听到对美联储工作总督的批评，我们不会感到惊讶。根据美国总统的声明，市场仍然有望在风险上和风险之间有所改善，并且可以几次改变趋势。”

Gold has gained over 30% since the beginning of the year. Is it still a sign of strength or has it become the mirror of global uncertainty?

自今年年初以来，黄金上涨了30％以上。它仍然是力量的迹象还是成为全球不确定性的镜子？

"Gold is a safe-haven asset and as such the gains have supported it in this period of great uncertainty, gaining 30%, but perhaps it has reached excesses and the descent of 200 dollars which represents 6% of the discount, shows that the excesses can be corrected."

“黄金是一种避风港的资产，因此在这一不确定性的时期获得了30％的收益，但也许它已经达到了超过30％，而占折扣占6％的200美元的下降表明，可以纠正过度。”

What is fueling the Bitcoin rally today? Can we really consider cryptocurrency a valid alternative to gold, or are we still in too volatile territory to speak of a "safe-haven asset"?

今天是什么助长比特币集会？我们真的可以将加密货币视为黄金的有效替代品，还是我们仍然处于波动的领域，无法说出“避风港资产”？

"Bitcoin moved upwards from August 2024, when it went from 50 thousand to over 100 thousand, due to the scarcity of the offer (limited number of coins) compared to the demand, but it did not go up as a safe-haven asset because it is not. In fact, it is an investment asset typical of the Risk On phases and as the drop which we witnessed in 2025 (from 109 thousand to 75 thousand) shows, in conjunction with a strong rise in gold. Therefore, the crypto in question cannot, at least for the moment, be considered a good safe-haven asset."input: As the U.S. president mulls over cutting interest rates to cushion the economic blow from the trade war with China, and threatens to remove the Federal Reserve chair if he doesn't comply with his request, the Bitcoin price today rose again.

"Bitcoin moved upwards from August 2024, when it went from 50 thousand to over 100 thousand, due to the scarcity of the offer (limited number of coins) compared to the demand, but it did not go up as a safe-haven asset because it is not. In fact, it is an investment asset typical of the Risk On phases and as the drop which we witnessed in 2025 (from 109 thousand to 75 thousand) shows, in conjunction with a strong rise in gold.因此，至少目前，有问题的加密货币不能被认为是一个很好的避风港资产。

After a stellar run in 2023 saw the Bitcoin rate almost quadruple to around $70,000 by early December, the crypto slid to $48,000 on Monday as Trump’s threats to remove Jerome Powell if he doesn't cut rates.

在2023年的出色表现之后，比特币利率在12月初几乎达到了70,000美元左右，周一，加密货币率在48,000美元上滑至48,000美元，因为特朗普的威胁要删除杰罗姆·鲍威尔（Jerome Powell），如果他不降低利率。

However, the president later relaxed his tone, and said he would prefer if the Fed chair stayed on at least until the 2024 election.

但是，总统后来放松了他的语气，并说，他更喜欢至少在2024年大选之前一直待在美联储主席。

That saw Bitcoin new price today rise again, trading at 92,575 by 07:05 ET (11:05 GMT). Still, the crypto is about 40% lower than March when it hit a record high of $155,000.

这使比特币的新价格又上涨了，在07:05 ET（GMT 11:05）的交易价格为92,575。尽管如此，该加密货币还是比三月低约40％，当时它达到了15.5万美元的创纪录。

Trump’s threats to remove Powell had also sparked a rally in the U.S. dollar, which in turn, threatened to derail the rally in the crypto markets.

特朗普驱除鲍威尔的威胁也引发了美元集会，这反过来又威胁要在加密货币市场中脱轨。

But the Treasury Secretary, Yellen, soothed some of those concerns when she said the trade war was becoming "unsustainable" and that Trump was open to reducing tariffs "substantially" if a trade deal was reached with China.

但是财政部长耶伦（Yellen）说，当贸易战变得“不可持续”时，她抚慰了其中一些担忧，如果与中国达成贸易协定，特朗普愿意降低关税“大幅”关税。

The world's largest cryptocurrency was trading with gains of 6%, while the cryptocurrency market capitalization rose above $3.1 trillion.

全球最大的加密货币正在以6％的收益交易，而加密货币市值则超过3.1万亿美元。

Bitcoin is now trading at levels last seen in early May, and a further rise could see the crypto test the $100,000 mark again. A move above that level could open the door for a rally to the March highs of $155,000, or even the $180,000 level which was reached in 2023.output: U.S. President Donald Trump said on Monday he

比特币现在在5月初最后一次出现的水平上进行交易，进一步的上升可能会再次测试100,000美元的成绩。超过该水平的举动可能会为拉力赛打开大门，直达3月的高点15.5万美元，甚至在2023年达到的180,000美元水平。