尽管市场进行了纠正，但大多数分析师都希望加密牛周期持续到2025年底

尽管大多数分析师都希望加密牛周期持续到2025年底，但人们担心美国的经济衰退

Cryptocurrency prices may still be threatened by an economic recession in the United States, along with crypto’s “circular” economy, despite recent gains and a strong bull cycle, according to several industry figures.

根据几种行业数字，尽管最近的上涨和强劲的公牛周期，但加密货币价格仍可能受到美国经济衰退的威胁。

Most crypto analysts anticipate the bull cycle to continue until the third quarter of 2025, with Bitcoin (BTC) price predictions ranging from $160,000 on Chainalysis to above $180,000 from Standard Chartered.

大多数加密分析师预计，牛周期将持续到2025年第三季度，比特币（BTC）的价格预测范围从链条分析的160,000美元到超过180,000美元的$ 180,000。

However, despite the recent market correction, which saw around $219 billion in stablecoin supply added in the past three months, signals a mid-bull cycle rather than a market top, according to Binance Research.

然而，尽管最近的三个月中，最近的市场更正了，但在过去三个月中增加了约2190亿美元的Stablecoin供应，但标志着中型周期而不是市场顶部。

DeFi protocols are still very much in search of grounding- Arthur Breitman, co-founder of Tezos

Defi协议仍在寻找接地 - Arthur Breitman，Tezos的联合创始人

While several crypto analysts, such as those at Chainalysis and Standard Chartered, expect the crypto bull cycle to continue until the end of 2025, concerns over an economic recession in the United States, along with crypto’s “circular” nature, may still threaten crypto valuations.

尽管有几位加密分析师（例如链分析和标准租用的标准分析师）期望加密牛周期持续到2025年底，但对美国经济衰退的担忧，以及加密货币的“循环”性质，仍可能威胁到加密货币的估值。

Most crypto analysts expect the bull cycle to peak after the third quarter of 2025, with BTC price predictions ranging from $160,000 on Chainalysis to above $180,000 from Standard Chartered.

大多数加密分析师预计，公牛周期在2025年第三季度之后达到顶峰，而BTC价格预测范围从链条分析的160,000美元到超过180,000美元的$ 180,000。

However, despite the recent market correction, which saw around $219 billion in stablecoin supply added in the past three months, signals a mid-bull cycle rather than a market top, according to Binance Research.

然而，尽管最近的三个月中，最近的市场更正了，但在过去三个月中增加了约2190亿美元的Stablecoin供应，但标志着中型周期而不是市场顶部。

Solana outflows. Source: deBridge, Binance Research

索拉纳流出。资料来源：DeBridge，Binance Research

Solana was hit by over $485 million worth of outflows in February after the recent wave of memecoin rug pulls triggered an investor flight to “safety,” with some of the capital flowing into memecoins on the BNB Chain, such as the Broccoli memecoin, inspired by the Changpeng Zhao’s dog.

在最近的Memecoin地毯拉动浪潮引发了投资者飞往“安全”之后，索拉纳（Solana）在2月的流出量超过4.85亿美元，其中一些资本流入了BNB链上的Memecoins，例如BROCCOLI MEMECOIN，例如Changpeng Zhao的狗的启发。

Related: Rising $219B stablecoin supply signals mid-bull cycle, not market top

相关：上升$ 219B Stablecoin供应信号中期周期，不是市场顶部

US recession fears are crypto’s biggest external risk: Tezos co-founder

美国经济衰退的担忧是加密货币的最大外部风险：Tezos联合创始人

Beyond industry-specific events, larger macroeconomic concerns, including a potential US recession, threaten traditional and cryptocurrency markets.

除了特定于行业的事件之外，更大的宏观经济问题，包括潜在的美国衰退，威胁着传统和加密货币市场。

“In terms of macro events, I still think we could see a recession,” said Breitman, adding:

布雷特曼说：“就宏观事件而言，我仍然认为我们可以看到经济衰退。”

Cryptocurrency markets still trade in significant correlation with tech stocks, meaning that a recession will cause a widespread sell-off, he added.

他补充说，加密货币市场仍与技术股票显着相关，这意味着经济衰退将导致广泛的抛售。

Related: Libra, Melania creator’s ‘Wolf of Wall Street’ memecoin crashes 99%

相关：天秤座，梅拉尼亚创作者的“华尔街狼”纪念物坠毁99％

The current trade war concerns, driven by US President Donald Trump’s import tariffs and continued retaliatory measures, have reignited concerns over a potential recession.

美国总统唐纳德·特朗普（Donald Trump）的进口关税和继续进行报复措施驱动的当前贸易战争问题已重新激发了人们对潜在衰退的担忧。

Over 40% of market participants expect a recession in the US this year, up from just 22% a month ago on Feb 17, according to the largest decentralized predictions market, Polymarket.

根据最大的分散预测市场PolyMarket，超过40％的市场参与者预计今年在美国的衰退，这一数字从一个月前的22％到2月17日。

Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why

杂志：加密迷迷上了长寿和生物黑客：这就是为什么