在持续的特朗普关税战争中，加密货币市场在第1季度（第1季度）2025年的最后一个月都经历了重大回调。

值得注意的是，市场估值已从3月1日的2.79万亿美元下降到31日的2.67美元。

The cryptocurrency market experienced a major pullback during the last month of Quarter 1 (Q1) 2025, amid the ongoing Trump tariff war.

在持续的特朗普关税战争中，加密货币市场在第1季度（Q1）2025年的最后一个月（第1季度）经历了重大回调。

Also Read: Is President Trump’s New Tariffs Set To Halt Bitcoin’s Recovery?

另请阅读：特朗普总统的新关税是否会阻止比特币的恢复？

The market valuation dropped by 4.31%, decreasing from 2.79 Trillion on 1st March to $2.67 on the 31st. However, the price of Bitcoin has recorded a stable month as the price started and concluded the month around the same price range.

市场估值下降了4.31％，从3月1日的2.79万亿美元降至31日的2.67美元。但是，随着价格开始，比特币的价格记录了一个稳定的月份，并在同一价格范围内结束了一个月。

On the other hand, the Bitcoin exchange-traded funds (ETFs) in the United States have concluded the month of March on a negative note.

另一方面，美国的比特币交易所交易基金（ETF）以负面的票据结束了三月份。

Monthly Bitcoin ETF Flow.

每月比特币ETF流。

As per the latest data, out of the 21 active market days, the 11 spot Bitcoin ETFs recorded a net flow of ~$3 billion. During this period, Bitcoin ETF recorded a positive flow for 10 days, whereas a negative flow was recorded for a total of 11 days, making it a bear-dominated month.

根据最新数据，在21个活跃的市场天数中，11个比特币ETF的净流量约为30亿美元。在此期间，比特币ETF记录了10天的正流量，而总流量总计为11天，使其成为熊主导的月份。

When combined with the 10 positive days, the total inflow recorded was $1,079.43 million. Conversely, $1,847.34 million worth of outflow was recorded when combined with the bearish days.

当结合10个积极的日子时，记录的总流入量为1,0.7943亿美元。相反，与看跌时代相结合时，记录了价值1,8.474亿美元的流出。

Due to a bearish pullback, the month started on a bearish note. This resulted in the BTC ETFs recording an outflow for 7 consecutive days. However, the streak ended with a positive flow of $13.3 million on 12th March. After this, the ETF displayed a mixed action for the next 2 days.

由于看跌的回调，这个月开始了看跌笔记。这导致BTC ETF连续7天记录流出。但是，这一连胜在3月12日的正面流量为1330万美元。此后，ETF在接下来的2天内表现出混合动作。

As the market stabilized and the odds favored the bulls, the Bitcoin ETFs experienced a positive flow for 10 consecutive days. However, on 28th March (Friday), the longest inflow run of the year ended. Reportedly, during the 10-day streak, an inflow of $1.07 billion was recorded into the funds.

随着市场的稳定和赔率有利于公牛，比特币ETF连续10天经历了正流动。但是，在3月28日（星期五），年度最长的流入量结束。据报道，在10天的连胜纪录中，资金记录了10.7亿美元的流入。

Bitcoin Week Quarterly Performance Causes Chaos In the Market!

比特币周的季度表现会导致市场混乱！

On 28th March, the Bitcoin quarterly performance report was released. As per the reports, Bitcoin experienced the worst Q1 since 2018 when the largest crypto token had crashed by ~50%. This further resulted in the Bitcoin ETF experiencing an outflow of $93.2 million.

3月28日，比特币季度绩效报告发布了。根据报道，比特币经历了自2018年以来最糟糕的第一季度，当时最大的加密代币坠毁了约50％。这进一步导致比特币ETF经历了9320万美元的流出。

With the conclusion of Q1 2025, Bitcoin has a YTD of -11.86% and is currently exchanging hands at $83,725. Notably, this is worse than the drop of Q1 2020 which was -10.87%.

根据第1季度2025年第1季度的结论，比特币的YTD为-11.86％，目前以83,725美元的价格交换。值得注意的是，这比2020年代第一季度的下降更糟，即-10.87％。

A major setback was experienced following the announcement of President Trump’s U.S. reciprocal tariffs that is scheduled to come under effect on 2nd April 2025.

在特朗普总统的美国互惠关税宣布计划于2025年4月2日生效后，经历了重大的挫折。