比特幣突破了105,000美元，佔用其歷史最高高的3.5％

隨著貿易商對整個市場的不確定性越來越大，比特幣損失了105,000美元，僅在其以前歷史最高水平的3.5％之內。

Bitcoin (BTC) on Monday pulled closer to its previous all-time high of $109,114 as traders responded to growing uncertainty across markets, pushing the coin up to $105,787.

比特幣（BTC）週一，隨著貿易商對越來越多的市場不確定性做出反應，將硬幣提高到了105,787美元，因此比特幣（BTC）越來越接近其以前的109,114美元。

The coin is currently trading at $103,592, holding firm above $100,000, a level it hasn’t touched since early May, according to data from CoinGecko.

根據Coingecko的數據，該硬幣目前的交易價格為103,592美元，持有100,000美元以上的公司，這是自5月初以來未達到的水平。

The price has moved sideways for over a week now, showing bulls aren’t backing off yet and are still waiting for the next leg up. Bitcoin has also surpassed the $2.1 trillion market cap.

價格已經超過一周了，表明公牛還沒有退縮，並且仍在等待下一條比賽。比特幣還超過了2.1萬億美元的市值。

Since May 9, Bitcoin has been caught in a tight range, stuck between sellers capping its highs and buyers defending the lows. But the fact that it’s staying above $100K says a lot.

自5月9日以來，比特幣被捕獲的範圍很緊，賣方限制了其高點和捍衛低點的買家。但是，它停留在10萬美元以上的事實說了很多。

Traders are clearly still holding positions, waiting for a push through the $105,787 resistance. If that level gets cleared, momentum could quickly drive it toward $120,000, a target that’s now being floated by analysts watching the charts.

貿易商顯然仍在擔任職位，等待推進105,787美元的電阻。如果該水平被清除，動量可能會迅速將其推向120,000美元，這一目標正在由分析師觀看圖表的分析師浮動。

But if the bulls fumble and Bitcoin fails to break past its old record, short-term holders could start cashing out, leaving $100,000 wide open for a breakdown. A dip under $100,703 might trigger a deeper selloff, especially if market sentiment flips fast.

但是，如果公牛隊失敗和比特幣未能超越其舊紀錄，那麼短期持有人可能會開始兌現，從而使100,000美元的開放率開放以進行故障。低於$ 100,703的下降可能會引發更深的拋售，尤其是在市場情緒迅速翻轉時。

Arthur Hayes sees Bitcoin as exit plan from US capital walls

亞瑟·海斯（Arthur Hayes）將比特幣視為美國首都牆的退出計劃

Arthur Hayes, the co-founder of Bitmex and now chief investment officer at Maelstrom, dropped his latest macro blog where he warned that the United States, under pressure from rising debt and heavy reliance on foreign funds, is likely to turn to capital controls as an alternative to tariffs.

BITMEX的聯合創始人，現在是Maelstrom的首席投資官Arthur Hayes放棄了他最新的宏觀博客，他警告說，在債務上升和對外國資金的巨大依賴的壓力下，美國可能會將資本管制轉向資本控制，以替代關稅。

"This is the next political move as it’s easier to explain to voters than more taxes or money printing," said Arthur.

亞瑟說：“這是下一個政治舉措，因為向選民解釋比更多的稅收或金錢印刷要容易。”

He went on to suggest a 2% tax on foreign-owned U.S. assets, which he estimated at $33 trillion, saying it would be a more easily enforceable policy than tariffs.

他接著向國有的美國資產提出了2％的稅，他估計為33萬億美元，稱這比關稅更容易執行政策。

"This level of taxation would cover the income taxes of 90% of Americans, making it politically expedient," he added.

他補充說：“這種稅收水平將涵蓋90％的美國人的所得稅，使其在政治上成為權宜之計。”

However, he said the consequence would be foreign investors pulling back from U.S. markets in droves. And when that happens, the Federal Reserve will step in again with stimulus to try and stop the bleeding.

但是，他說的結果將是外國投資者以小傢伙從美國市場撤回。當發生這種情況時，美聯儲將再次刺激介入，以阻止出血。

"Bitcoin will be the best-performing asset during this period of global monetary transformation," said Arthur.

亞瑟說：“在這一全球貨幣轉型時期，比特幣將是表現最好的資產。”

Even with capital restrictions, he said people will still be able to move money using the internet.

他說，即使受到資本限制，人們仍然可以使用互聯網轉移資金。

"As long as there is the internet, you will be able to sell fiat for bitcoin."

“只要有互聯網，您就可以為比特幣出售法定。”

US stock rebound drives shift toward global exposure and crypto

美國股票反彈驅動器轉向全球曝光和加密貨幣

The broader market has now fully recovered from the April selloff. Major losses have been erased, and portfolios are back in the green. But for investors who rode the U.S. stock market through the chaos without diversifying, this rebound is being seen by some as a rare second chance. Many are now being told to look abroad—and some are listening.

現在，更廣泛的市場已經從四月的拋售中完全恢復。重大損失已被刪除，投資組合又回到了綠色中。但是，對於那些通過混亂而沒有多樣化的投資者來說，這種反彈被某些人視為罕見的第二次機會。現在，許多人被告知要在國外看，有些人在聽。

Global markets actually outperformed U.S. stocks from January through April. For example, the VXUS ETF—which tracks international markets—has brought in over $6 billion so far in 2025. But that still looks small next to the $63 billion that’s poured into Vanguard’s S&P 500 ETF (VOO) this year. That fund is on track to smash its previous annual inflow record.

從一月到四月，全球市場實際上優於美國股票。例如，VXUS ETF（跟踪國際市場）在2025年迄今為止帶來了超過60億美元的收入。但這仍然很小，緊隨其後的630億美元倒入了Vanguard今年的S＆P 500 ETF（VOO）。該基金有望破壞其先前的年度流入記錄。

Despite that, analysts and portfolio managers are saying the message should be clear: investors who stayed too focused on U.S. stocks need to balance out.

儘管如此，分析師和投資組合經理說，信息應該很明確：專注於美國股票的投資者需要平衡。

Even old-school investing figures like Warren Buffett and Jack Bogle have always leaned U.S.-centric, arguing that multinational U.S. companies already earn revenue worldwide. But now, as reported by Bloomberg, Warren is dialing back on some of those long-held domestic bets and putting more capital into Japanese markets.

即使是沃倫·巴菲特（Warren Buffett）和傑克·博格爾（Jack Bogle）等老式投資人物也一直以美國為中心，認為跨國公司已經在全球範圍內贏得了收入。但是現在，正如彭博社報導的那樣，沃倫（Warren）正在撥打一些長期以來的國內賭注，並將更多的資本投入日本市場。