当投资者寻求安全资产时，RWAS达到了新的高潮

报道说，这些资产将稳定的流入视为安全投资。但是，它警告说，由于这些资产存在链上，即使是情绪的微小转变也可能导致其流动性大幅下跌。

As the war in Ukraine enters its second year and the macroeconomic outlook remains uncertain, investors are increasingly turning to alternative asset classes, such as real-world assets (RWAs) and Bitcoin. These assets are seeing steady inflows as safe-haven investments. However, it warned that because these assets exist on-chain, even minor shifts in sentiment can cause significant price swings due to their liquidity.

随着乌克兰战争进入第二年，宏观经济前景仍然不确定，投资者越来越多地转向替代资产类别，例如现实世界中的资产（RWAS）和比特币。这些资产将稳定的流入视为安全投资。但是，它警告说，由于这些资产存在链上，即使是情绪的微小转变也可能导致其流动性大幅下跌。

RWAs hit an all-time high of over $17 billion in early February and are now nearing $20 billion, according to RWA.xyz. Some analysts believe that if Bitcoin struggles to regain momentum, RWAs could reach a $50 billion valuation by the end of 2025, capturing a larger share of the $450 trillion global asset market.

根据RWA.XYZ的数据，RWAS在2月初的历史最高额度超过170亿美元，现在接近200亿美元。一些分析师认为，如果比特币努力恢复动力，RWAS到2025年底可能会达到500亿美元的估值，从而占据了450万亿美元的全球资产市场中的份额。

“If we see Bitcoin struggling to regain momentum in the coming months, I think we could see institutions shifting their attention to other asset classes within DeFi, especially in the RWA sector,” said Iliya Kalchev, an analyst at Nexo.

Nexo的分析师Iliyya Kalchev说：“如果我们看到比特币在未来几个月中努力恢复动力，我认为我们可以看到机构将注意力转移到DEFI中的其他资产类别上，尤其是在RWA领域。”

Meanwhile, inflation concerns continue to rise. The U.S. Commerce Department reported that the core Personal Consumption Expenditures (PCE) Price Index, the Federal Reserve’s preferred inflation measure, increased by 0.4% in February, the largest monthly rise in over a year. Economists had expected a 0.3% increase.

同时，通货膨胀问题继续增加。美国商务部报告说，核心个人消费支出（PCE）价格指数，美联储的首选通货膨胀量措施，2月份增长了0.4％，是一年多以上的月度上涨。经济学家预计会增长0.3％。

The report also showed that personal spending remained strong in February. Economical PCE now stands at 4.7%, up from January's reading of 4.6%. This is still a long way off the lows of 1.18% seen in February 2022.

该报告还表明，个人支出在2月保持稳定。现在，经济性PCE为4.7％，高于一月份的4.6％的阅读。在2022年2月，这仍然是1.18％的低点。

“The strong PCE reading is likely to keep the Fed on course to continue raising interest rates in March, despite the recent bank failures and the widening credit crunch,” said Ben Marwick, an economist at Danske Bank.

丹斯克银行（Danske Bank）的经济学家本·马里克（Ben Marwick）表示：“尽管最近发生了银行失败和信贷紧缩，但强大的PCE阅读可能会使美联储继续在3月继续提高利率。”

Investors are responding by rotating out of risk-heavy positions, contributing to the ongoing volatility in both traditional and digital markets. The so-called “Magnificent 7” tech stocks have lost more than $3 trillion in market capitalization in recent weeks.

投资者通过旋转风险高的职位来做出回应，这导致了传统和数字市场的持续波动。最近几周，所谓的“宏伟的7”科技股在市值中损失了超过3万亿美元。