由于来自美国的全球关税战争的紧张局势，虚拟资产市场从2月3日至7日向下趋势

从2月3日至7日，虚拟资产市场表现出由于围绕美国全球关税战争的紧张局势而导致的下降趋势。

Tensions surrounding the global tariff war originating from the United States impacted the virtual asset market from February 3 to 7, leading to a downward trend.

来自美国的全球关税战争围绕全球关税战争的紧张局势影响了2月3日至7日的虚拟资产市场，导致下降趋势。

U.S. President Donald Trump's declaration of tariffs on Canada, Mexico, and China sparked concerns about inflation, causing both the financial and virtual asset markets to decline.

美国总统唐纳德·特朗普（Donald Trump）对加拿大，墨西哥和中国的关税宣布引起了人们对通货膨胀的担忧，导致金融和虚拟资产市场均下降。

As of 4:40 p.m. on the 7th, the price of Bitcoin was trading at $96,897, down 7.23% from a week ago.

截至7日下午4:40，比特币的价格为96,897美元，比一周前的7.23％下降了7.23％。

The price of Bitcoin plummeted to $91,000 after President Trump announced the tariffs but recovered to $100,000 with an announcement that the tariffs would be postponed. However, on the 4th, it fell again below $100,000 and is currently hovering around $96,000.

特朗普总统宣布关税，但恢复到100,000美元，宣布将关税将被推迟后，比特币的价格下降至91,000美元。但是，在4日，它再次下跌低于100,000美元，目前徘徊在96,000美元左右。

The volatility of altcoins was greater than that of Bitcoin. Around the same time, the price of Ethereum recorded $2,713, a decrease of 16.6% compared to a week ago. Ripple fell by 25.3% over the week, yielding its position as the third-largest virtual asset by market capitalization to Tether. During the same period, Solana decreased by 18.7% to $192.7, and Binance Coin (BNB) fell by 14.3% to $581.8.

AltCoins的波动大于比特币的波动性。大约在同一时间，以太坊的价格记录了2,713美元，比一周前的价格下降了16.6％。整个星期，Ripple下降了25.3％，从市值到Tether的第三大虚拟资产中，其地位。在同一时期，索拉纳（Solana）下降了18.7％至192.7美元，而二氧化硬币（BNB）下降了14.3％，至581.8美元。

Although the Trump administration has postponed the imposition of tariffs, it has imposed an additional 10% general tariff on all imports from China. China has requested dispute consultations with the World Trade Organization (WTO), arguing that the U.S. tariffs violate the General Agreement on Tariffs and Trade (GATT).

尽管特朗普政府推迟了对关税的征收，但它对来自中国的所有进口征收了另外10％的一般关税。中国要求与世界贸易组织（WTO）进行争议磋商，认为美国关税违反了有关关税和贸易的一般协议（GATT）。

Canada and Mexico have stated that if the U.S. imposes tariffs, they will retaliate with 'counter-tariffs.' If the U.S. decides to impose tariffs again, a tariff war could start at any time

加拿大和墨西哥表示，如果美国征收关税，他们将对“反竞选”进行报复。如果美国决定再次征收关税，关税战争可能随时开始

Experts warned that concerns over a tariff war will persist for the time being, and caution is advised regarding the expansion of volatility.

专家警告说，对关税战争的担忧将暂时持续存在，并建议有关扩大波动的谨慎。

Choi Seung-ho, a researcher at the Research Institute, noted, “The tariff policy of the Trump administration is simultaneously stimulating global economic slowdown and inflation risks while dampening investment sentiment in the virtual asset market,” and advised that a conservative portfolio strategy would be necessary until the market's direction is revealed.

研究所的研究人员尚荣（Choi Seung-ho）指出：“特朗普政府的关税政策同时刺激了全球经济放缓和通货膨胀风险，同时削弱了虚拟资产市场的投资情绪，”并告知保守的投资组合战略将有必要在市场的方向揭示之前。

Choi forecasted that the execution of counter-tariffs by China and the progress of negotiations between the U.S. and China on the 10th would be a critical turning point.

Choi预测，中国对反竞选的执行以及美国和中国在10日之间的谈判进展将是一个关键的转折点。

◇ U.S. SEC initiates approval process for Ripple, Solana, and Litecoin ETFs

◇美国SEC启动了有关波纹，索拉纳和Litecoin ETF的批准过程

The U.S. Securities and Exchange Commission (SEC) has begun receiving applications related to Ripple spot exchange-traded funds (ETFs) while officially initiating the approval process for Litecoin and Solana spot ETFs, attracting the interest of investors.

美国证券交易委员会（SEC）已开始接收与波纹现货交易所交易基金（ETF）有关的申请，同时正式启动了莱特科因（Litecoin）和索拉纳（Solana）现场ETF的批准程序，吸引了投资者的利益。

The SEC has previously rejected applications for Solana-based ETFs. There is optimism that the virtual asset ETF market will grow under the new SEC leadership. The decision on ETF approvals is expected to be made by October this year.

SEC先前拒绝了基于SOLANA的ETF的应用。很乐观的是，在新的SEC领导下，虚拟资产ETF市场将增长。预计ETF批准的决定将在今年10月之前做出。

Previously, the SEC launched a task force aimed at clarifying regulations surrounding virtual assets. SEC Commissioner Hester Peirce announced a new regulatory framework and stated that resolving the legal status of virtual assets and jurisdictional issues concerning the SEC will be its top priority.

此前，SEC启动了一支旨在阐明虚拟资产的法规的工作组。 SEC专员Hester Peirce宣布了一个新的监管框架，并指出解决有关SEC的虚拟资产和管辖权问题的法律地位将是其重中之重。

The market interprets the SEC's actions as a move to establish an institutional framework across the virtual asset market. However, a representative from the Research Institute stated, “The mere reception of applications does not directly lead to approvals,” and emphasized the need to closely monitor the SEC's stance and market reactions until a final decision is made.

市场将SEC的行动解释为在虚拟资产市场上建立机构框架的举动。但是，研究机构的一位代表说：“仅仅接受申请并不能直接导致批准”，并强调需要密切监视SEC的立场和市场反应，直到做出最终决定。

◇ U.S. Congress launches virtual asset policy working group

◇美国国会启动虚拟资产政策工作组

The U.S. Congress has launched a working group involving bipartisan lawmakers to promote virtual assets and establish a regulatory framework. David Sachs, known as the 'crypto czar' and the White House's point person on virtual assets and artificial intelligence policy, participated in the related press conference, suggesting government-level cooperation.

美国国会成立了一个涉及两党议员的工作组，以促进虚拟资产并建立监管框架。大卫·萨克斯（David Sachs）被称为“加密沙皇”（Crypto Czar）和白宫的虚拟资产和人工智能政策，参加了相关的新闻发布会，暗示了政府级的合作。

Sachs presented key policy directions in a recent press conference, including the formation of a bicameral virtual asset caucus, legislation on stablecoin bills, and a review of Bitcoin as a national reserve. The establishment of this working group is regarded as an implementation of the first policy to form a bicameral virtual asset caucus.

萨克斯（Sachs）在最近的新闻发布会上提出了关键的政策指示，包括形成了双色虚拟资产核心小组，关于稳定法案的立法以及对比特币作为国家储备的审查。该工作组的建立被视为实施第一个形成双萨尔虚拟资产核心小组的政策。

The market expects that this measure will create a clear legal foundation for the virtual asset industry and accelerate its incorporation into the legal framework. However, depending on whether the policy direction leans toward promoting industry growth or enhancing regulation, market reactions are likely to diverge significantly.

市场预计，这项措施将为虚拟资产行业创造明确的法律基础，并加速其将其纳入法律框架。但是，取决于政策方向是倾向于促进行业增长还是加强监管，市场反应可能会大大差异。