三月是市场的艰难月份 - 美国总统唐纳德·特朗普的不确定关税政策在比特币和加密市场上引起了波动

对于市场来说，三月是一个艰难的月份 - 美国总统唐纳德·特朗普（Donald Trump）的不确定关税政策在比特币和加密市场中引起了波动。同时，分散的财务（DEFI）在安全问题上挣扎。

March was a month of contrasts in the cryptocurrency market. While the first month of US President Donald Trump’s administration saw a number of reversals on controversial trade policies that seemed to confuse and exasperate even the president’s political allies, major coins continued to trade sideways or in a limited range.

三月是加密货币市场上的对比度。尽管美国总统唐纳德·特朗普（Donald Trump）政府的第一个月在有争议的贸易政策上看到了许多逆转，这些政策似乎也使总统的政治盟友感到困惑和愤怒，但主要硬币继续侧面贸易或有限范围。

March began with a threat from Trump to increase tariffs on Mexican and Canadian goods by 25% and 10%, respectively, following an administration report that found both countries were not cooperating enough to stem the flow of migrants through their territory. The tariffs were due to come into effect on March 10.

三月始于特朗普的威胁，要求将墨西哥和加拿大商品的关税增加25％和10％，此前政府报告发现两国的合作不足以阻止移民在其领土上的流动。关税将于3月10日生效。

After a month of delay, tariffs went live on March 4 — 25% on Mexican and Canadian goods, 10$ on Canadian energy and 20% on Chinese goods. Just one day later, Trump’s administration delayed tariffs for auto-makers; on March 6, it announced delays on most Canadian and Mexican goods.

经过一个月的延迟，3月4日关税持续了墨西哥和加拿大商品的25％，加拿大能源为10美元，中国商品的20％。就在一天后，特朗普的政府推迟了对汽车制造商的关税。 3月6日，它宣布了加拿大和墨西哥商品的延误。

The sunny outlook was soured by retaliatory tariffs from China, which hit markets on March 10, and the European Union, which began levying tariffs on March 12. Amid the tête-à-tête between the United States and its largest trade partners, Bitcoin (BTC) managed to recover to $88,000 on March 24 before slumping down again to around $82,000 at the time of writing.

A number of state legislatures are considering Bitcoin- and crypto-related legislation, from bills that would establish a Bitcoin reserve to crypto tax forces and exploring pension fund investment. Such bills moved forward, either in voting or in committee, in 13 US states this month.

许多州立法机关正在考虑与比特币和加密相关的立法，从建立比特币储备的法案到加密税税和探索养老基金投资。此类法案本月在美国13个州进行投票或委员会的前进。

The cool-down in memecoin markets has major revenue implications for Solana (SOL). After reaching eye-watering highs of $34 billion in January, Solana volumes on decentralized exchanges fell drastically. In March, volumes rarely exceeded $1 billion. 

Memecoin市场中的凉爽对Solana（SOL）具有重大收入影响。一月份达到340亿美元的令人震惊的高点后，索拉纳（Solana）进行了分散的交流量急剧下降。 3月，数量很少超过10亿美元。

Here’s March in numbers.

这是数字的游行。

Trump’s trade war sees Bitcoin down 5% on the month

特朗普的贸易战使比特币在当月下降了5％

The first month of Trump’s administration saw a number of reversals on controversial trade policies that seemed to confuse and exasperate even the president’s political allies.

特朗普政府的第一个月，有许多有争议的贸易政策的逆转，似乎甚至使总统的政治盟友感到困惑和愤怒。

After a month of delay, tariffs went live on March 4 — 25% on Mexican and Canadian goods, 10$ on Canadian energy and 20% on Chinese goods. Just one day later, Trump’s administration delayed tariffs for auto-makers; on March 6, it announced delays on most Canadian and Mexican goods.

经过一个月的延迟，3月4日关税持续了墨西哥和加拿大商品的25％，加拿大能源为10美元，中国商品的20％。就在一天后，特朗普的政府推迟了对汽车制造商的关税。 3月6日，它宣布了加拿大和墨西哥商品的延误。

Heating up the situation further, China began levying retaliatory tariffs on March 10, while the European Union started imposing tariffs on March 12. A final bill from the US Treasury, part of the presidential administration, announced the possibility of negotiable tariff rates per country.

进一步加热了情况，中国于3月10日开始征收报复性关税，而欧盟于3月12日开始征收关税。总统管理局的一项最终法案宣布，每个国家 /地区宣布了可谈判的关税率。

The sunny outlook was soured by the fact that the heating up of the trade war also saw major stock indexes in the US begin to slump as the estimated effects of tariffs changed by the week.

贸易战的加热也使美国的主要库存指数开始衰退，因为随着估计关税的估计效果发生变化，晴天的前景也使人脱颖而出。

The changing economic landscape also hit Bitcoin price, which, after a rocky start to the month, managed to recover to $85,000 on March 24, putting it briefly above where it started the month.

不断变化的经济格局也达到了比特币价格，在本月的艰难开始之后，它于3月24日设法恢复至85,000美元，将其短暂地超过了本月的开始。

The trade war also affected the Trump family’s own crypto investments via World Liberty Financial (WLFI). The fund saw a mixed bag in March, with many of the altcoins in its portfolio, like Mint (MNT) and Tron (TRX), trading at or below where they started the month.

贸易战还通过世界自由金融（WLFI）影响了特朗普家族自己的加密投资。该基金在三月份看到了一个混合的包，其投资组合中有许多山寨币，例如Mint（MNT）和Tron（TRX），在他们本月开始的地方或以下交易。

The Trump administration’s actions also impacted the price of BNB, which dropped sharply following the news that the administration was planning to impose tariffs on 20% of all Chinese goods in retaliation for the country’s trade practices.

特朗普政府的行动还影响了BNB的价格，该国政府计划计划对所有中国商品的20％征收关税，以报复该国的贸易惯例。

Crypto and traditional financial have been on a downward trend at the end of March as traders brace for “Liberation Day” on April 2, when Trump has promised to levy dollar-for-dollar tariffs on all countries that have tariffs on US goods.

加密货币和传统金融在3月底一直处于下降趋势，交易员在4月2日的“解放日”付出了“解放日”，当时特朗普已承诺向所有对美国商品关税的国家征收美元的美元关税。

The move will see tariffs of 25% on all goods, including food, imposed on the European Union, Canada, Mexico, China and Vietnam.

此举将看到所有商品的25％的关税，包括对欧盟，加拿大，墨西哥，中国和越南征收的食品。

According to calculations by economists at Deutsche Bank, the tariffs could reduce global gross domestic product by 0.1%. Economists, on average, predict that the tariffs will have a minimal impact on the US economy.

根据德意志银行的经济学家的计算，关税可以将全球国内生产总值减少0.1％。平均而言，经济学家预测关税将对美国经济产生最小的影响。

The sunny outlook was soured by the fact that the heating up of the trade war also saw major stock indexes in the US begin to slump as the estimated effects of tariffs changed by the week.

贸易战的加热也使美国的主要库存指数开始衰退，因为随着估计关税的估计效果发生变化，晴天的前景也使人脱颖而出。

The changing economic landscape also hit Bitcoin price, which, after a rocky start to the month, managed to recover to $85,000 on March 24, putting it briefly above where it started the month.

不断变化的经济格局也达到了比特币价格，在本月的艰难开始之后，它于3月24日设法恢复至85,000美元，将其短暂地超过了本月的开始。

The trade war also affected the Trump family’s own crypto investments via World Liberty Financial (WLFI). The fund

贸易战还通过世界自由金融（WLFI）影响了特朗普家族自己的加密投资。基金