作为比特币（BTC）挣扎，黄金超过$ 3000

最近的市场动荡可能使黄金成为“价值存储”的吹牛权利，而“数字黄金”挣扎

Gold futures for April delivery on the Commodity Exchange, a division of the New York Mercantile Exchange, soared to a record high of over $3,000 an ounce on Monday. The precious metal is consolidating just below the $3,000 handle, trading at around $2,996.88 an ounce, up 15% year-to-date. In contrast, bitcoin is down 12% this year and is hovering around the $80,000 mark.

纽约商品交易所分部的商品交易所的四月交付黄金期货在周一飙升至创纪录的3,000美元以上。贵金属的合并位于$ 3,000的手柄以下，每盎司约2,996.88美元，年至今增长15％。相比之下，今年比特币下降了12％，徘徊在80,000美元的大约左右。

This divergence highlights gold’s role as the ultimate safe-haven asset in the current economic environment.

这种差异凸显了黄金在当前经济环境中的最终避风港资产的作用。

As reported by Eric Balchunas, a senior Bloomberg ETF analyst, U.S. spot bitcoin ETFs have seen inflows for only three days since mid-February. This has reduced total net inflows from approximately $40 billion to around $35 billion.

正如彭博ETF高级ETF分析师Eric Balchunas报道的，自2月中旬以来，美国现场比特币ETF仅出现了三天的流入。这使总净流入从约400亿美元减少到约350亿美元。

The S&P 500 has entered correction territory, falling over 10% and struggling to rise above its 200-day moving average. This downturn can be attributed to several factors, including the threat of further tariffs from former President Trump and the stalled ceasefire negotiations between President Putin and Ukraine, which are increasing global uncertainty.

标准普尔500指数已进入更正领域，下降了10％，并努力上升超过其200天移动平均线。这项衰退可以归因于几个因素，包括特朗普前总统的进一步关税以及普京总统与乌克兰之间停滞的停火谈判的威胁，这些谈判正在增加全球不确定性。

Head of Research at Bitwise in Europe Andre Dragosch attributes gold’s record highs and the U.S. equity sell-off to rising short- and medium-term inflation expectations, combined with decreasing consumer confidence.

欧洲位于Bitwise的研究负责人Andre Dragosch将Gold的记录高点和美国股票抛售归因于短期和中期通货膨胀期望的上升，并加上消费者的信心下降。

“The recent rally in gold to new all-time highs is likely being driven by both increasing inflation expectations and a broader flight to safety,” Dragosch explains. “In fact, both short- and medium-term inflation expectations in the University of Michigan consumer survey have risen to multi-decade highs. U.S. consumers are becoming increasingly concerned about inflation, which is being fueled by the Trump administration’s new tariff policies.”

Dragosch解释说：“最近在新历史高潮的黄金集会上可能是由于通货膨胀期望的增加和更广泛的安全性而驱动的。” “实际上，密歇根大学消费者调查的短期和中期通货膨胀期望都升至多年的高点。美国消费者越来越关注通货膨胀，这是由特朗普政府的新关税政策推动的。”

He further adds, “Meanwhile, U.S. equities have been selling off due to the mounting economic uncertainty brought on by these trade policies and the increasing recession risks amid a slowdown in the labor market. Both of these factors have significantly impacted and buoyed the price of gold.”

他进一步补充说：“与此同时，由于这些贸易政策带来的经济不确定性的越来越大，并且由于劳动力市场放缓而遭受的衰退风险增加，美国股票一直在销售。这两个因素都显着影响并促进了黄金的价格。”

What to WatchToken EventsConferencesToken Talk

watchtoken eventsconferencestoken谈话

By Oliver KnightDerivatives Positioning

由奥利弗骑士定位

Market Movements:Bitcoin Stats:Technical Analysis

市场运动：比特币统计：技术分析

Crypto Equities

加密股票

ETF Flows

ETF流

Spot BTC ETFs:Spot ETH ETFs

斑点BTC ETF：斑点ETH ETF

Source: Farside InvestorsOvernight Flows

资料来源：Farside Investorsovernight流动

Chart of the DayWhile You Were SleepingIn the Ether

当天的图表你在以太中睡觉