当关税燃料市场焦虑时

随着对全球贸易战的担忧升级，对加密货币等风险资产的情绪已经恶化。

Major cryptocurrencies, including XRP, Dogecoin (DOGE), and Cardano (ADA), saw their values plummet by over 25% in the past 24 hours, reversing all of their gains since December. This significant decline is largely attributed to a new wave of tariffs imposed by the U.S. on Canada and Mexico over the weekend, which has stirred concerns about a potential global trade war.

包括XRP，Dogecoin（Doge）和Cardano（Ada）在内的主要加密货币在过去24小时内看到其价值暴跌了25％，自12月以来就扭转了所有收益。这种重大下降在很大程度上归因于美国对加拿大和墨西哥的新关税浪潮，这引起了人们对潜在的全球贸易战的担忧。

As fears of a global trade war escalate, sentiment for risk assets such as cryptocurrencies has soured. The U.S. President Donald Trump announced the imposition of 25% tariffs on Canadian and Mexican imports, reigniting trade tensions that could have far-reaching consequences for global markets.

随着对全球贸易战的担忧升级，对加密货币等风险资产的情绪已经恶化。美国总统唐纳德·特朗普（Donald Trump）宣布对加拿大和墨西哥进口征收25％的关税，重新激发了可能对全球市场产生深远影响的贸易紧张局势。

The immediate fallout was evident in the crypto market, with XRP, Dogecoin, and Cardano all seeing their prices slump by more than 25%, erasing all of their gains from the end of last year. These digital assets reached their pre-U.S. election levels from early November 2024, with most major cryptocurrencies seeing a decline of 40-50% in the past month.

立即发生的后果在加密货币市场上很明显，XRP，Dogecoin和Cardano都看到其价格下跌了25％以上，从去年年底删除了所有收益。这些数字资产从2024年11月上旬开始达到了US前的选举水平，大多数主要的加密货币在过去一个月中的下降了40-50％。

The broad cryptocurrency market capitalization took a severe hit, falling by 12% in the past 24 hours. This marks the worst fall in over a year, with the CoinDesk 20 (CD20) index losing a staggering 10%. The Bitcoin (BTC) price also fell 6%, while futures markets saw a major liquidation event, leading to the loss of over $2.2 billion.

广泛的加密货币市值受到严重打击，在过去24小时内下降了12％。这标志着一年多的最糟糕的情况，Coindesk 20（CD20）指数失去了惊人的10％。比特币（BTC）的价格也下降了6％，而期货市场发生了重大清算活动，导致损失超过22亿美元。

Traders of ether (ETH)-tracked products experienced significant losses, with more than $600 million being wiped out, primarily during the early hours of Asian trading. XRP and DOGE-related bets contributed to a combined loss of $150 million, while altcoin and ether-tracked futures lost a further $138 million and $84 million, respectively. This liquidation event has been described as the sharpest in crypto history, with the largest single liquidation order being recorded at $25 million for an ETH trade on Binance.

Ether（ETH）追踪产品的贸易商造成了巨大的损失，主要在亚洲交易的凌晨，将消除超过6亿美元的损失。与XRP和Doge有关的赌注造成了1.5亿美元的总损失，而Altcoin和Ether Trakaked Futures又损失了另外1.38亿美元和8400万美元。这项清算事件被描述为加密历史上最尖锐的事件，最大的单一清算订单记录为2500万美元，用于二进制ETH贸易。

The sharp decline in the crypto market follows the imposition of tariffs and the escalating trade tensions between the U.S., Canada, and Mexico. These events have raised concerns over the potential economic ramifications of a trade war, including higher costs for goods and a slowdown in key industries, such as automotive and agriculture. Financial markets are particularly worried about the interconnectedness of the economies in these nations, which could lead to a broader economic downturn, affecting jobs and increasing costs for consumers.

加密市场的急剧下降是在征收关税以及美国，加拿大和墨西哥之间不断升级的贸易紧张局势之后。这些事件引起了人们对贸易战的潜在经济影响的担忧，包括货物成本更高和关键行业（例如汽车和农业）的放缓。金融市场特别担心这些国家经济的相互联系，这可能导致更广泛的经济低迷，影响就业机会并增加消费者的成本。

As a result, analysts and traders have noted a risk-off sentiment gripping the market, with a significant liquidation event being triggered by a massive sell-off. The price of ether (ETH) saw an astounding 20% decline, surprising many in the market. According to Augustine Fan, Head of Insights at SignalPlus, ETH’s decline is particularly concerning, as it now resembles an altcoin without the benefit of long-term institutional investments and without immediate catalysts to reverse its decline.

结果，分析师和交易员注意到，在市场上产生了巨大的清算事件，这是由大量售罄触发的。以太（ETH）的价格惊人地下降了20％，令人惊讶的是市场上的许多人。根据SignalPlus的见解负责人Augustine Fan的说法，ETH的衰落尤其令人担忧，因为它现在类似于Altcoin，而没有长期机构投资的好处，并且没有立即催化剂来扭转其下降。

The market’s volatile nature means that liquidations are a regular feature, but major events such as the one seen on Monday trigger swift movements in trader sentiment and positioning. As the trade war between the U.S., Canada, and Mexico continues to unfold, it is likely that the broader financial markets will remain on edge, adding to the instability in the cryptocurrency market.

市场的动荡性意味着清算是一项常规功能，但是诸如星期一看到的重大事件触发了交易者情绪和定位方面的迅速运动。随着美国，加拿大和墨西哥之间的贸易战继续展开，更广泛的金融市场可能会保持优势，这增加了加密货币市场的不稳定。

With concerns over the future of the crypto market heightened by geopolitical tensions and economic risks, investors are bracing for potential further losses in the coming days and weeks. The combination of liquidations, tariff-induced anxiety, and global trade disruptions is setting the stage for a challenging period in the cryptocurrency space.

随着对加密货币市场的未来的担忧，地缘政治紧张局势和经济风险加剧了，投资者正在为未来几天和几周内的潜在进一步损失做好准备。清算，关税引起的焦虑和全球贸易中断的结合正在为加密货币领域的一个具有挑战性的时期奠定基础。