美国总统唐纳德·特朗普（Donald Trump）为“加密”历史上最糟糕的地区之一做出了贡献

美国总统唐纳德·特朗普（Donald Trump）为“加密”历史上最糟糕的地区之一做出了贡献，即使是他最坚定的加密捍卫者，也有买家的re悔。

The first quarter of the year saw one of the worst-performing periods in recent ‘crypto’ history, with even some of President Donald Trump’s staunchest crypto defenders having buyer’s remorse.

今年第一季度，最近“加密”历史上最糟糕的时期之一，即使是唐纳德·特朗普总统最坚定的加密守卫者也有买家的re悔。

After the stock market tanked last week following Trump’s imposition of steep economic tariffs, crypto bros like Gemini co-founder Tyler Winklevoss pointed to the BTC token’s deviation from this downward spiral as proof that BTC had finally decoupled from its link to other risky assets and was now firmly enshrined as ‘digital gold.’ Treasury Secretary Scott Bessent went as far as to declare BTC to be a secure ‘store of value’ in turbulent times.

在特朗普征收陡峭的经济关税之后，股市上周股市倒闭后，像双子座联合创始人泰勒·温克尔沃斯（Tyler Winklevoss）这样的加密兄弟表明，BTC代币与这种向下螺旋的偏差证明了BTC终于与其他风险的链接脱离了其他风险资产，并且现在牢固地融入了数字金色。财政部长斯科特·贝斯特（Scott Bessent）甚至宣布BTC在动荡时期是安全的“价值存储”。

However, that triumphalist narrative lasted only until Sunday, when BTC abruptly tanked from ~$83,000 to below $78,000. The carnage continued early Monday, falling below $75,000—roughly one-third off its $109,000 peak in the euphoric aftermath of Trump’s re-election—before staging a minor rally. When it comes to digital assets, America has indeed gotten tired of all this winning.

但是，这种凯旋主义的叙述只持续到周日，当时BTC突然从$ 83,000到低于$ 78,000。屠杀持续了周一早些时候，低于75,000美元，在特朗普连任后的欣喜之后，其109,000美元的峰值高出了三分之一，然后进行了未成年人集会。在数字资产方面，美国确实厌倦了所有这些获胜。

Even before Monday’s plunge, BTC finished Q1 down 11.7% from the start of the year. That’s the worst Q1 performance BTC has endured in percentage terms since 2015 when the token fell nearly 24% over the first three months.

甚至在周一的比赛之前，BTC从今年年初就获得了11.7％的Q1。这是自2015年以来，这是最糟糕的第一季度性能BTC在前三个月下降了近24％以来，以百分比的方式持续了百分比。

Michael Saylor’s Strategy (NASDAQ:MSTR), formerly known as MicroStrategy, filed a Q1 earnings preview with the Securities and Exchange Commission (SEC) on Monday that showed the unrealized losses on its ‘BTC reserve’ totaled $5.9 billion for the quarter. The average purchase price of the 528,185 BTC that Strategy has acquired in recent years is $67,458, meaning any further significant BTC price declines could prompt awkward questions regarding Strategy’s strategy.

迈克尔·塞勒（Michael Saylor）的战略（纳斯达克股票代码：MSTR）（以前称为MicroStrategy）周一向美国证券交易委员会（SEC）提交了第一季度的收益预览，该预览显示了该季度的“ BTC储备”总计59亿美元的损失。该战略近年来获得的528,185 BTC的平均购买价格为67,458美元，这意味着BTC价格下降的任何进一步的大幅下降都可能引起有关策略策略的尴尬问题。

And it’s not just BTC taking it on the chin. On February 3, Trump’s son, Eric, tweeted that “it’s a great time to add $ETH.” At the time, Ethereum’s native token had taken a significant tumble to $2,460. As of Monday morning, ETH was trading below $1,560. (Make Ethereum great again?)

而不仅仅是BTC在下巴上。 2月3日，特朗普的儿子埃里克（Eric）发推文说：“这是添加$ eth的好时机。”当时，以太坊的原住民令牌大幅度跌至2,460美元。截至周一早上，ETH的交易低于1,560美元。 （再次使以太坊伟大吗？）

Even the memecoin ($TRUMP) that the president issued just days before his inauguration is struggling. $TRUMP came close to slipping below $7 on Monday, a world away from its all-time high of $73.43 on January 19. Its current valuation of just under $8 is a mere 89.3% decline from its peak.

即使是总统就就职典礼就在挣扎前几天发行的纪念物（特朗普$）。 $特朗普在周一的73.43美元的历史最高点差不多。目前的估值仅为8美元以下，这是一个差不多$ 89.3％的估值。

And yet, Trump is accepting pre-orders for yet another limited-run (1,000 pairs) sneaker collection, this one branded with the “most legendary $TRUMP meme COIN $TRUMP in crypto.” For the low, low price of $299, you too can own these ‘Made in China’ kicks before the Trump tariffs on China push the price even higher.

然而，特朗普正在接受另一个限量运行（1,000双）运动鞋系列的预订，这个品牌的品牌是“ Crypto中最传奇的$ Trump Meme Coin Coin $ Trump”。对于低价，299美元的低价，您也可以拥有这些“在中国制造”的踢球，而在特朗普对中国的关税则提高了价格。

Tether’s Made in USA backup plan

Tether在美国备用计划中

The Trump-induced decline in both crypto and traditional stocks has prompted infighting among some prominent Trump supporters. Billionaire Bill Ackman, who strongly advocated for Trump during the 2024 election campaign, lashed out at Commerce Secretary Howard Lutnick on Sunday for being “indifferent to the stock market and the economy crashing” because the Lutnick-founded Cantor Fitzgerald (NYSE:ZCFITX) is long bonds. “[Lutnick] profits when our economy implodes.”

特朗普引起的加密货币和传统股票的下降促使一些著名的特朗普支持者内斗。亿万富翁比尔·阿克曼（Bill Ackman）在2024年的选举中强烈提倡特朗普，他周日在商务部长霍华德·卢特尼克（Howard Lutnick）抨击，因为卢特尼克（Lutnick）创立的坎托尔·菲茨杰拉德（Cantor Fitzgerald）（NYSE：ZCFITX）是很长的邦德。 “当我们的经济崩溃时，[卢特尼克]获利。”

Ackman walked back that accusation early Monday morning, tweeting that it was “unfair of me to lash out” at Lutnick, who Ackman (for the time being) believes is “doing the best he can.” Perhaps, but for whom?

阿克曼（Ackman）周一清晨回去了这一指控，在推特上说，卢特尼克（Lutnick）曾“抨击我不公平”。也许，但是为谁？

Lutnick is a staunch supporter of Tether, issuer of the market-leading USDT stablecoin, because Cantor Fitzgerald (a) allegedly custodies Tether’s allegedly massive haul of U.S. Treasury bills, and (b) holds a ‘convertible bond’ with Tether. Moreover, the Wall Street Journal (WSJ) reported last November that Lutnick had allegedly promised Tether’s founder that he’d work to ensure no legislation emerged from Congress that might be prejudicial to Tether’s bottom line.

Lutnick是Tether的坚定支持者，Tether是市场领先的USDT StableCoin的发行人，因为Cantor Fitzgerald（a）据称Custodies Tether据称Tether的美国财政部账单大规模运输，并且（B）持有TETHER的“可转换债券”。此外，《华尔街日报》（WSJ）于去年11月报道说，据称卢特尼克（Lutnick）向特瑟（Tether）的创始人保证，他将努力确保国会不会出现任何立法，这可能对蒂瑟（Tether）的底线有偏见。

Stablecoin legislation has made unprecedented progress in Congress during Trump’s second term, with both Senate and House committees voting to send their respective bills to their respective floors for a vote.

在特朗普的第二任期期间，斯塔布尔币立法在国会中取得了前所未有的进步，参议院和众议院委员会都投票通过将各自的账单发送到各自的楼层进行投票。

The House bill (STABLE) offers Tether a window of up to two years in which it would be permitted to carry on its U.S. operations on ‘secondary markets’ such as digital asset exchanges. After that, Tether would need to subject itself to requirements such as proving that the fiat reserves backing its $144 billion in

众议院账单（稳定）提供了一条长达两年的窗口，其中允许其在“二级市场”（例如数字资产交易所）上进行美国运营。之后，系绳将需要遵守要求，例如证明菲亚特储备金支持其1440亿美元