自从宣布特朗普的关税以来

周五，总统呼吁美联储主席杰罗姆·鲍威尔（Jerome Powell）降低利率

The threat of a potential recession has loomed large as over $5 trillion was wiped off global stock markets since Trump’s tariffs were announced on April 2, impacting the world’s biggest hedge funds and sparking panic among economists.

自4月2日宣布特朗普的关税以来，潜在衰退的威胁迫在眉睫，因为超过5万亿美元被抹去了全球股票市场，影响了世界上最大的对冲基金，并引起了经济学家的恐慌。

As the markets await critical tariff decisions that could decide the fate of the floundering U.S. economy, the president is panicked by the ferocious market reactions.

随着市场等待关键的关税决定，可以决定陷入困境的美国经济的命运，总统对凶猛的市场反应感到恐慌。

On Friday, Trump called on Federal Reserve Chairman Jerome Powell to cut interest rates, adding that it’s “the perfect time” to do so on his Truth Social platform.

周五，特朗普呼吁美联储主席杰罗姆·鲍威尔（Jerome Powell）降低利率，并补充说，这是在他的真相社交平台上这样做的“最佳时机”。

However, Powell prefers to remain steady, foreseeing in an interview with the Wall Street Journal on Friday that the aggressive tariffs policy will lead to slower growth and rising inflation.

但是，鲍威尔更喜欢保持稳定，预见到周五对《华尔街日报》采访时，积极的关税政策将导致增长速度降低和通货膨胀率上升。

The tariffs are likely to cause a temporary surge in inflation, which could become more persistent and make it premature to adjust monetary policy without clearer economic signals.

关税可能会导致通货膨胀的暂时激增，这可能会变得更加持久，并使在没有更清晰的经济信号的情况下调整货币政策为时过早。

Some critics (including Trump) argue that Powell is too cautious, potentially missing the window for timely rate cuts.

一些批评家（包括特朗普）认为，鲍威尔太谨慎了，有可能缺少及时削减税率的窗口。

Trump’s same Truth Social post stated: “He [Jerome Powell] is always ‘late,’ but he could now change his image, and quickly… CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!”

特朗普同样的事实社会帖子说：“他[杰罗姆·鲍威尔（Jerome Powell）总是'迟到'，但他现在可以改变自己的形象，并迅速……降低利率，杰罗姆（Jerome），停止发挥政治作用！”

But Powell emphasizes that the Fed is not in a hurry and prefers to wait for clearer economic signals before making policy adjustments. This cautious approach is driven by concerns over inflation, a persistent issue he expects to see exacerbated by the tariffs.

但是鲍威尔强调，美联储不急于，更喜欢在进行政策调整之前等待更清晰的经济信号。这种谨慎的方法是由对通货膨胀的担忧驱动的，这是他期望对关税加剧的持续问题。

Despite Trump’s call for immediate action, Powell remains focused on maintaining inflation stability; a stance that might disappoint investors hoping for swift rate reductions.

尽管特朗普呼吁立即采取行动，但鲍威尔仍专注于保持通货膨胀稳定。一种可能使希望降低利率降低的投资者失望的立场。

The Dow Jones Industrial Average hemorrhaged more than 2,200 points on Friday, adding to the previous day’s decline of 1,679 points to mark the worst two-day performance in history. The Nasdaq and S&P500 also saw their steepest drops since COVID.

道琼斯工业平均水平在周五的2,200分超过2200点，这增加了前一天的1,679分，以标志着历史上最糟糕的两天表现。纳斯达克省和S＆P500也看到了自covid以来最陡峭的跌落。

However, Bitcoin remained largely unaffected by the stock market crashes. At press time, BTC is trading at around $83k, having slightly gained in price over the past 24 hours.

但是，比特币在很大程度上不受股票市场崩溃的影响。发稿时，BTC的交易价格约为8.3万美元，在过去的24小时内略微上涨了。

This is in stark contrast to the Dow Jones Industrial Average, which has wiped out all of its returns since March 2024, while Bitcoin has managed to gain around 30 percent in the same period, according to Rajat Soni, a CFA charter holder and Bitcoin and finance analyst.

CFA租赁持有人，比特币和融资分析师拉贾特·索尼（Rajat Soni）表示，这与道琼斯工业平均水平（Dow Jones工业平均水平）形成鲜明对比，后者已经消除了其所有回报，而比特币索尼（Rajat Soni）表示，比特币在同一时期获得了约30％的收益。

And Tether CEO Paolo Ardoino simply stated that “Bitcoin is the hedge.”

系绳首席执行官Paolo Ardoino简单地说：“比特币是树篱。”

As the world hangs by a thread in anticipation of tariff negotiations, retaliations, or rate cuts to avoid a potential economic armageddon, many are maintaining their eyes on Bitcoin, which seems to have shaken off its longstanding correlation with the stock market and other global risk-on assets.

随着世界因预期的关税谈判，报复或削减税率而悬而未决，以避免潜在的经济大决战，许多人一直在对比特币保持关注，这似乎已经摆脱了与股票市场和其他全球风险资产的长期相关性。

As the Dow Jones Industrial Average continues to bleed and the U.S. flounders on the brink of a recession, many are looking toward Bitcoin as a potential hedge against the impending economic doom and gloom.

随着道琼斯的工业平均水平继续流血，在经济衰退的边缘，美国的比目鱼人正在朝着比特币作为潜在的对冲，以抵抗即将来临的经济厄运和忧郁。

The Dow Jones Industrial Average hemorrhaged more than 2,200 points on Friday, adding to the previous day’s decline of 1,679 points to mark the worst two-day performance in history. The Nasdaq and S&P500 also saw their steepest drops since COVID.

道琼斯工业平均水平在周五的2,200分超过2200点，这增加了前一天的1,679分，以标志着历史上最糟糕的两天表现。纳斯达克省和S＆P500也看到了自covid以来最陡峭的跌落。

However, Bitcoin remained largely unaffected by the stock market crashes. At press time, BTC is trading at around $83k, having slightly gained in price over the past 24 hours.

但是，比特币在很大程度上不受股票市场崩溃的影响。发稿时，BTC的交易价格约为8.3万美元，在过去的24小时内略微上涨了。

This is in stark contrast to the Dow Jones Industrial Average, which has wiped out all of its returns since March 2024, while Bitcoin has managed to gain around 30 percent in the same period, according to Rajat Soni, a CFA charter holder and Bitcoin and finance analyst.

CFA租赁持有人，比特币和融资分析师拉贾特·索尼（Rajat Soni）表示，这与道琼斯工业平均水平（Dow Jones工业平均水平）形成鲜明对比，后者已经消除了其所有回报，而比特币索尼（Rajat Soni）表示，比特币在同一时期获得了约30％的收益。

And Tether CEO Paolo Ardoino simply stated that “Bitcoin is the hedge.”

系绳首席执行官Paolo Ardoino简单地说：“比特币是树篱。”

As the world hangs by a thread in anticipation of tariff, retaliation, and rate cuts to avoid a potential economic armageddon, many are maintaining their eyes on Bitcoin, which seems to have shaken off its longstanding correlation with the stock market and other global risk-on assets.

由于世界因预期的关税，报复和削减速度而悬而未决，以避免潜在的经济世界末日，因此许多人一直在保持对比特币的目光，这似乎已经摆脱了与股票市场和其他全球风险资产的长期相关性。

According to Unchained’s Director of Market Research Joe Burnett, now may be one of the best times to build a meaningful bitcoin position.

根据Unchained市场研究总监Joe Burnett的说法，现在可能是建立有意义的比特币位置的最佳时期之一。

“Trump’s tariffs are here, U.S. equities are crashing, and China is retaliating. Now may be one of the best times to build a meaningful bitcoin position. Not financial advice.”

“特朗普的关税在这里，美国股票正在崩溃，中国正在报复。现在可能是建立有意义的比特币职位的最佳时期之一。不是财务建议。”