特朗普总统的关税宣布使比特币下降了5.4％

在加密货币的世界中，很少有事件能像大政府的决定一样动摇。特朗普总统最近的关税宣布确实如此

The world of cryptocurrencies is often set aflutter by major government decisions, and President Trump’s recent tariff announcement did exactly that, sending ripples across the market. On April 3, Bitcoin dropped by 5.4%, leaving investors pondering: Is this just a small blip, or the start of a bigger crash?

加密货币的世界经常被政府的重大决定迅速设定，特朗普总统最近的关税宣布正是这样做的，这使整个市场上的涟漪。 4月3日，比特币下降了5.4％，使投资者思考：这只是小小的碎片，还是更大的崩溃开始？

With the global economy already precariously balanced, Bitcoin is facing one of its biggest tests. Will it hold strong and serve as a haven for weary investors, or will it get pulled down with the rest of the market? Let’s break down the key impacts of tariffs on Bitcoin and the crypto market.

由于全球经济已经稳定地平衡，比特币正面临其最大的测试之一。它会保持强大并成为疲倦的投资者的避风港，还是会被其余的市场所吸引？让我们分解关税对比特币和加密市场的主要影响。

Key Impacts of Tariffs on Bitcoin and the Crypto Market

关税对比特币和加密市场的主要影响

Is Bitcoin a Safe Haven?

比特币是避风港吗？

Many Bitcoin supporters envision it as “digital gold”—a way to preserve wealth and protect against market chaos. However, recent drops, including those triggered by the trade war, suggest that this idea isn’t fully realized yet.

许多比特币支持者将其视为“数字黄金”，这是一种保护财富并防止市场混乱的方式。但是，最近的下降，包括贸易战引起的那些，这表明这个想法尚未完全实现。

Garrick Hileman, an independent crypto analyst, notes that while Bitcoin is often touted as a hedge against inflation and other macroeconomic woes, its price tends to move in tandem with risky assets.

独立的加密分析师加里克·希尔曼（Garrick Hileman）指出，尽管比特币通常被吹捧为抵制通货膨胀和其他宏观经济问题的对冲，但其价格往往与风险的资产同时发展。

“It’s just not there today. I’ve seen people say it’s an inflation hedge, a good place to put your money in times of market stress, but I haven’t seen evidence of that. It trades like a risky tech stock,” Hileman said.

希勒曼说：“今天不在。我已经看到人们说这是一种通货膨胀对冲，这是在市场压力时投入钱的好地方，但我还没有看到任何证据。它像有风险的技术股票一样进行交易。”

Can Tariffs Hurt Bitcoin Directly?

关税可以直接伤害比特币吗？

Not really. Bitcoin isn’t used in international trade like physical goods, and it’s not taxed like regular imports. One Bitcoin is the same no matter where it’s mined—that’s what makes it fungible. So, no country can put a tariff on Bitcoin itself.

并不真地。比特币在国际贸易中没有像实体商品那样使用，也没有像常规进口那样征税。无论是在哪里开采的，一个比特币都是相同的，这就是使其变得容易的原因。因此，没有一个国家可以对比特币本身征收关税。

However, mining activities might get affected. Most mining equipment is imported. If tariffs increase those costs, U.S.-based miners may find it harder to operate.

但是，采矿活动可能会受到影响。大多数采矿设备被进口。如果关税增加了这些费用，美国的矿工可能会发现很难运营。

With fewer miners, Bitcoin could become even more scarce, which might drive prices up further. Meanwhile, miners in other countries could benefit as demand in the U.S. cools down.

随着矿工的减少，比特币可能会变得更加稀缺，这可能会进一步提高价格。同时，其他国家 /地区的矿工可以随着美国需求而受益。

The bigger concern is how traders react to market stress. In tough times, people often sell risky assets to manage expenses, and Bitcoin is still largely seen as one of them. If the U.S. and China trade spat continues and the global economy slows down, many investors may cash out of Bitcoin to cover other commitments, pushing prices down.

更大的担忧是交易者如何应对市场压力。在艰难的时期，人们经常出售有风险的资产来管理开支，而比特币仍被视为其中之一。如果美国和中国的贸易争端继续下去并且全球经济放缓，许多投资者可能会从比特币中兑现以涵盖其他承诺，从而降低价格。

Another point to consider is that Bitcoin is becoming more connected to the traditional financial world. Major institutions are now investing in it, which means stock market movements could also influence Bitcoin’s price.

要考虑的另一点是，比特币与传统金融界越来越紧密。现在，主要机构正在投资它，这意味着股票市场的变动也可能影响比特币的价格。

If stock markets fall, Bitcoin might fall too—not because of its own weakness, but because of the overall market mood. On the flip side, if markets bounce back, Bitcoin could also rise, offering a chance for long-term believers to benefit as institutions increase their holdings.

如果股市下跌，比特币也可能会下降 - 不是因为它自身的弱点，而是由于整体市场情绪。另一方面，如果市场反弹，比特币也可能会上升，这为长期信徒提供了机会，随着机构增加其持股量。

Bitcoin vs. Tariffs: A Test of Strength

比特币与关税：实力测试

Tariffs and economic pressure might shake short-term confidence, but Bitcoin’s real strength lies in its fixed supply. Yes, volatility will come and go. Yes, holders might see temporary losses. But through it all, Bitcoin’s limited nature gives it long-term strength.

关税和经济压力可能会使短期信心动摇，但比特币的真正优势在于其固定供应。是的，波动将来来来去去。是的，持有人可能会看到暂时的损失。但是，通过这一切，比特币的有限本质赋予了它长期的力量。

It will be interesting to observe how Bitcoin reacts to the ongoing trade tensions and if it can indeed serve as a haven for investors seeking to exit the traditional markets.

观察比特币对持续的贸易紧张局势的反应以及试图退出传统市场的投资者的天堂将是很有趣的。

As the global economic landscape shifts, the cryptocurrency market is sure to follow closely, presenting both opportunities and challenges for those navigating this evolving domain.

随着全球经济格局的变化，加密货币市场肯定会紧密地遵循，这给那些导航这个不断发展的领域的人带来了机会和挑战。