访客邀请函的完整时间表到第一个白宫加密货币峰会

尽管特朗普重返白宫在加密货币市场上引发了乐观，但关税政策造成的全球贸易风暴最终拖延了比特币

As Donald Trump returned to the White House on January 20, 2025, the price of Bitcoin remained high, at $107,000. However, the new administration's agenda included a focus on cryptocurrency regulation.

唐纳德·特朗普（Donald Trump）于2025年1月20日返回白宫时，比特币的价格仍然很高，为107,000美元。但是，新政府的议程包括关注加密货币法规。

Three actions by the administration in January sparked volatility in the crypto market:

政府在一月份的三项行动引发了加密市场的波动：

1. Presidential Task Force: Trump signed an executive order to create a digital asset task force, aiming to streamline the U.S. regulatory framework for cryptocurrencies. This news initially supported Bitcoin, pushing it above $108,000.

1。总统任务组：特朗普签署了一项行政命令，以建立数字资产工作组，旨在简化美国的加密货币监管框架。该消息最初支持比特币，将其推高108,000美元。

2. Colombian Tariffs: A dispute with Colombia over immigration led Trump to threaten a 25% tariff on Colombian goods. In response, Bitcoin dropped below the $100,000 mark.

2。哥伦比亚关税：与哥伦比亚关于移民的纠纷导致特朗普威胁要对哥伦比亚商品征收25％的关税。作为回应，比特币降至100,000美元以下。

3. Technology Sell-Off: The sudden rise of Chinese AI giant DeepSeek triggered a sell-off in technology stocks, with risk aversion spreading to the crypto market.

3.技术抛售：中国AI巨头DeepSeek的突然上升引发了技术股票的抛售，风险规避风险扩散到加密货币市场。

Key Data: Bitcoin's daily price fluctuation from January 26 to 28 reached 12%, the largest fluctuation since May 2024.

关键数据：比特币从1月26日到28的每日价格波动达到12％，这是自2024年5月以来最大的波动。

On February 1, Trump announced a 10% tariff on Chinese goods and a 25% tariff on Canadian and Mexican goods. The market reacted violently, with Bitcoin plummeting 9.3% to $93,000 in a single day.

2月1日，特朗普宣布对中国商品征收10％的关税，并对加拿大和墨西哥商品征收25％的关税。市场的反应迅速，一天中比特币下降了9.3％至93,000美元。

The suspension of tariffs on North American neighbors brought a short-term rebound, but the steel tariff upgrade and the “reciprocal tariff” plan announced on February 10, coupled with the epic $1.4 billion hacking incident of the Bybit exchange, pushed Bitcoin further down. Finally, under the impact of the copper tariff review news on February 25, Bitcoin fell below the $80,000 mark for the first time since November 2024.

北美邻国的关税暂停带来了短期反弹，但钢制关税升级和2月10日宣布的“互惠关税”计划，再加上Bybit Exchange的史诗般的14亿美元黑客入侵事件，将比特币进一步降低。最终，在2月25日的铜关税评论新闻的影响下，比特币以自2024年11月以来首次低于80,000美元。

Market Observation: BitMEX data showed that open interest in futures contracts fell by 37% in February, indicating that a large amount of leveraged funds withdrew from the market.

市场观察：BITMEX数据显示，对期货合约的开放兴趣在2月下降了37％，这表明大量杠杆资金退出了市场。

On March 4, the double-edged sword of policy: the White House released contradictory signals: the announcement of a strategic digital asset reserve plan including XRP boosted confidence, but doubled the tariff on China to 20%. This “carrot and stick” strategy caused Bitcoin to continue to fluctuate in the range of $84,000-90,000.

3月4日，两剑政策的剑：白宫发布了矛盾的信号：宣布包括XRP信心在内的战略性数字资产储备计划的宣布，但使中国的关税增加了一倍，达到20％。这种“胡萝卜和棍子”策略导致比特币继续波动在84,000-90,000美元之间。

On March 18, the precursor to the turning point, Treasury Secretary Bensont expressed his position on the “differentiated tariff” policy for the first time, suggesting that tariff escalation could be avoided if trading partners lowered barriers. The market interpreted this as the first ray of light of policy softening, and Bitcoin rebounded 3.1% in a single day to break through $85,000.

3月18日，转折点的前身，财政部长本森特（Bensont）首次在“差异化关税”政策上表达了自己的立场，这表明如果交易伙伴降低了障碍，则可以避免关税升级。市场将其解释为政策软化的第一光，比特币在一天内反弹3.1％，破损85,000美元。

On March 20, the Federal Reserve decided to keep interest rates unchanged, and the dot plot showed at least two interest rate cuts this year. The moment the resolution was announced, the price of Bitcoin soared by more than 4%, breaking through the resistance level of $84,000.

3月20日，美联储决定将利率保持不变，DOT图显示今年至少降低了两次利率。宣布决议的那一刻，比特币的价格飙升了4％以上，打破了84,000美元的阻力水平。

On March 24, the policy resonance effect was stimulated by the dual stimulation of the expectation of loosening tariff policy and easing liquidity. Bitcoin rebounded 8.7% in a single week and approached $89,000. On-chain data showed that the giant whale address (holding more than 1,000 BTC) increased its holdings of 213,000 bitcoins during this period, the largest single-week accumulation since the fourth quarter of 2024.

3月24日，通过双重刺激放松关税政策和缓解流动性的双重刺激，刺激了政策共振效应。比特币在一个星期内反弹8.7％，接近89,000美元。链上的数据显示，在此期间，巨大的鲸鱼地址（持有1,000多个BTC）增加了其213,000比特币的持股，这是自2024年第四季度以来最大的单周累积。

Although there were signs of recovery in late March, the effective date of “reciprocal tariffs” on April 2 is like a sword of Damocles hanging over our heads. Bitget Research Institute's simulation shows that if the tariffs are fully implemented, they will drag down the price of Bitcoin to the 78,000s.

尽管3月下旬有恢复的迹象，但4月2日的“互惠关税”的生效日期就像一把Damocles悬挂在我们的头上。 Bitget研究所的模拟表明，如果关税已完全实施，它们将将比特币的价格拖到78,000秒。

Institutional Strategy: Liquifi monitored that the net inflow of stablecoins reached US$4.7 billion in the last two weeks of March, indicating that funds are “loaded” and waiting for a direction decision.

机构策略：Liquifi监视了稳定币的净流入在3月的最后两周内达到47亿美元，这表明资金已“加载”并等待指示决定。

The crisis exposed a profound transformation in the cryptocurrency market. Compared to the previous crashes that were driven by purely technical factors, this time, government policies and macroeconomic trends played a decisive role.

这场危机暴露了加密货币市场的深刻转变。与以前由纯技术因素驱动的崩溃相比，这次政府政策和宏观经济趋势发挥了决定性的作用。

As analysts at Amber Group said : “When a presidential tweet can wipe out $30 billion in market value in an instant, this market can no longer pretend to live outside the law.” This baptism may be a required course for cryptocurrencies to integrate into the mainstream financial system.

正如琥珀集团（Amber Group）分析师所说：“当总统推文可以立即消除300亿美元的市场价值时，这个市场不再假装生活在法律之外。”这种洗礼可能是加密货币集成到主流金融体系中所必需的课程。