特朗普的关税延迟使投资者担心比特币（BTC）领先加密市场。

美国政府确认将来自加拿大和墨西哥的汽车零件的关税延迟了一个月，仅在制定后一天。

In a whirlwind of economic updates, Donald Trump's tariff deferral brought some respite to investor anxieties, spurring bitcoin (BTC) to new highs and leading the crypto market on Wednesday.

在经济更新的旋风中，唐纳德·特朗普（Donald Trump）的关税延期给投资者的焦虑带来了一些喘息的机会，促使比特币（BTC）带来了新的高点，并在周三领导着加密货币市场。

The U.S. government confirmed a one-month delay on tariffs for auto parts coming from Canada and Mexico, just a day after they were set to come into effect.

美国政府确认，在他们准备生效的第二天后的第二天，从加拿大和墨西哥出发的汽车零件关税延迟了一个月。

Germany's plan to ease debt limits for infrastructure spending and China's move to increase its target deficit for the year also contributed to a rebound in risk markets.

德国为基础设施支出减轻债务限制的计划以及中国增加其年度目标赤字的举动，也有助于风险市场的反弹。

BTC rose to a peak of around $90,000, marking a 3.7% gain in the past 24 hours. A majority of assets in the broad-market CoinDesk 20 Index advanced, with bitcoin cash (BCH), Chainlink's LINK and Aptos' (APT) registering double-digit gains.

BTC上升到90,000美元左右，标志着过去24小时的3.7％。大多数资产在Broad-Market Coindesk 20 Index Advanced中，具有比特币现金（BCH），Chainlink的链接和Aptos（APT）（apt），以两位数的增长。

The tech-focused Nasdaq and the broad-market S&P 500 were also trading higher, with increases of 1.2% and 1.5%, respectively, in the afternoon hours of the session.

以技术为重点的纳斯达克股票和Broad-Market S＆P 500的交易也更高，在会议的下午时间，分别增加了1.2％和1.5％。

Crypto-related stocks also climbed higher from the early week lows. Crypto exchange Coinbase (COIN) was up 3.5%, while the largest corporate bitcoin holder Strategy is still up nearly 10%.

与加密相关的股票也从早期的低点攀升。加密交易所Coinbase（Coin）上涨了3.5％，而最大的公司比特币持有人战略仍在增长近10％。

Markets have been grappling with trade tensions and geopolitical risk, which have taken a toll on investor sentiment, leading to pressure on risk assets such as U.S. stocks and digital assets.

市场一直在努力应对贸易紧张局势和地缘政治风险，这些风险对投资者的情绪造成了损失，从而造成了对美国股票和数字资产等风险资产的压力。

These risk-off episodes have usually resulted in investors seeking refuge in the U.S. dollar, which typically translates to downside pressure on crypto assets, as noted by Joel Kruger, a market strategist at LMAX Group. However, in a surprising turn, the U.S. dollar index (DXY) cratered to its weakest level since early November and is now down more than 5% from its mid-January peak.

这些冒险事件通常导致投资者寻求避难所，这通常会转化为加密资产的下行压力，正如LMAX集团市场策略师Joel Kruger所指出的那样。然而，令人惊讶的是，美元指数（DXY）自11月初以来最弱的水平，现在比其1月中旬峰值下降了5％以上。

"With Fed rate expectations shifting back to pricing more rate cuts than less in 2025 and with bitcoin capable of shining as a store of value asset, we believe there are plenty of reasons to expect bitcoin to be well supported on dips," Kruger added.

克鲁格补充说：“随着美联储的期望转移到2025年的价格降低的价格降低，比特币能够作为价值资产存储，我们相信有很多理由期望比特币在下降中得到很好的支持。”

Meanwhile, crypto analytics firm Swissblock observed that despite the significant price swings over the past few days, their Bitcoin Fundamental Index, which measures the overall health of the network, has held up relatively well.

同时，加密分析公司Swissblock观察到，尽管过去几天的价格波动很大，但它们的比特币基本指数（衡量了网络的整体健康状况），但仍然相对良好。

"Bitcoin's fundamentals are on the verge of shifting into the bullish quadrant, with sustained improvements in liquidity and network growth," Swissblock analysts noted in a recent Telegram broadcast.

Swissblock分析师在最近的电报广播中指出：“比特币的基本面濒临转移到看涨象限的边缘，并持续改善流动性和网络增长。”

"This strength suggests that BTC is unlikely to be driven into a bear market despite the bear market narrative being pushed in the media and the crypto community."input: In the latest whipsaw of headlines this week, Donald Trump's tariff delay Wednesday eased investor worries, with bitcoin (BTC) leading the crypto market higher.

“这种力量表明，尽管BTC在媒体和加密货币社区中被推动了熊市的叙述，但BTC不太可能被驱逐到熊市。”输入：在本周头条新闻的最新鞭子中，唐纳德·特朗普的关税延迟周三缓解了投资者的担忧，比特币（BTC）领先加密市场。

The U.S. government confirmed to delay tariffs on auto parts coming from Canada and Mexico by one month just one day after enacting them. Germany's plan to ease debt limits for infrastructure spending and China hiking its target deficit also contributed to rebounding risk markets.

美国政府确认将来自加拿大和墨西哥的汽车零件的关税延迟了一个月，仅在制定后一天。德国为基础设施支出和中国远足目标赤字而减轻债务限制的计划也有助于反弹风险市场。

BTC climbed just above $90,000, up 3.7% over the past 24 hours. Almost all assets in the broad-market CoinDesk 20 Index advanced, with bitcoin cash (BCH), Chainlink's LINK and Aptos' (APT) booking double-digit gains.

BTC攀升至90,000美元以上，在过去的24小时内增长了3.7％。 Broadmaret Coindesk 20 Index中的几乎所有资产都先进，比特币现金（BCH），Chainlink的链接和Aptos（APT）预订双位数的收益。

The tech-focused Nasdaq and the broad-market S&P 500 were also up 1.2% and 1.5%, respectively, in the afternoon hours of the session. Crypto-related stocks also climbed higher from the early week lows. Crypto exchange Coinbase (COIN) was up 3.5%, while the largest corporate bitcoin holder Strategy gained nearly 10%.

以技术为重点的纳斯达克和布罗德市场的标准普尔500分别在会议的下午时间分别增长了1.2％和1.5％。与加密相关的股票也从早期的低点攀升。加密交易所Coinbase（Coin）上涨了3.5％，而最大的公司比特币持有人战略上涨了近10％。

Markets have been grappling with trade tensions and geopolitical risk, which have taken center stage lately, pressuring investor sentiment and leading to declines in risk assets such as U.S. stocks and digital assets.

市场一直在努力应对贸易紧张局势和地缘政治风险，这些贸易紧张局势最近占据了中心阶段，迫使投资者的情绪施加压力，并导致了美国股票和数字资产等风险资产的下降。

These risk-off episodes have usually led investors to flee to the U.S. dollar, translating to further downside pressure on crypto assets, said Joel Kruger, a market strategist at LMAX Group. However, this time the U.S. dollar index (DXY) cratered to its weakest level since early November and is now down more than 5% from its mid-January peak.

LMAX集团市场策略师乔尔·克鲁格（Joel Kruger）表示，这些风险发作通常导致投资者逃往美元，转化为加密资产的进一步下行压力。但是，这次美元指数（DXY）遍布11月初以来的最弱水平，现在比1月中旬峰值下降了5％以上。

"With Fed rate expectations shifting back to pricing more rate cuts than less in 2025 and with bitcoin capable of shining as a store of value asset, we believe there are plenty of reasons to expect bitcoin to be well supported on dips," Kruger said.

克鲁格说：“随着美联储的预期转移到2025年的价格降低的速度降低，比特币能够作为价值资产存储，我们相信有很多理由期望比特币在下降中得到很好的支持。”

Crypto analytics firm Swissblock noted that despite the wild price swings over the past few days, their Bitcoin Fundamental Index, which measures the overall health of the network, has held up relatively well.

加密分析公司Swissblock指出，尽管过去几天的价格波动，但它们的比特币基本指数（衡量网络的整体健康状况）仍然相对良好。

"Bitcoin's fundamentals are on the verge of

“比特币的基本面处于