隨著美國和中國之間的貿易戰升級，比特幣（BTC）和更廣泛的加密貨幣市場似乎相對毫無疑問

隨著美國和中國之間的貿易戰升級，後者對前者的關稅從今天上午的84％提高到125％，比特幣（BTC）和更廣泛的加密貨幣市場似乎相對毫無疑問。

As the trade war between the U.S. and China escalates, with the latter raising tariffs on the former from 84% to 125% this morning, bitcoin (BTC) and the wider cryptocurrency market appear relatively unfazed.

隨著美國和中國之間的貿易戰升級，後者對前者的關稅從今天上午的84％提高到125％，比特幣（BTC）和更廣泛的加密貨幣市場似乎相對毫無疑問。

At least compared to other assets.

至少與其他資產相比。

Bitcoin is down a mere 0.15% over the last 24 hours, and China’s recent escalation hasn’t stopped its ongoing recovery. The cryptocurrency is now trading above $82,000. The wider crypto market, measured by the CoinDesk 20 (CD20) index, is stable with similar performance.

在過去的24小時內，比特幣僅下降了0.15％，而中國最近的升級並沒有停止其持續的恢復。現在，加密貨幣的交易價格超過82,000美元。由Coindesk 20（CD20）指數衡量的更廣泛的加密市場穩定，性能相似。

The same can’t be said about other assets. Gold rose to a new $3,227.5 record making Tether’s XAUT — a gold-backed cryptocurrency — the top-performing digital asset.

關於其他資產，不能說同樣的話。黃金上升到了新的3,227.5美元的紀錄，這使Tether's Xaut（一種金牌的加密貨幣）是最佳的數字資產。

Meanwhile, the U.S. Dollar Index (DXY) dropped below 100 after enduring its biggest drop since 2022. At the same time, the yield on 10-year Treasuries kept rising to now stand near 4.4%.

同時，美元指數（DXY）在經歷了自2022年以來最大的下降後下降到100以下。與此同時，10年期庫庫的收益率不斷上升到現在為4.4％。

“The question of a potential dollar confidence crisis has now been definitively answered — we are experiencing one in full force,” ING strategists, including Francesco Pesole wrote in a note reported on by The Telegraph.

包括弗朗切斯科·皮索爾（Francesco Pesole）在內的策略師在《電訊報》報導的一份報告中寫道：“現在已經確定了一個潛在的美元信心危機問題 - 我們正在全力以赴。”

Their analysis claims that the dollar usually drops when traders anticipate an increase in economic activity, but the opposite occurred this time. Instead of rising, the dollar fell sharply even as traders grew pessimistic about the economic outlook due to lower-than-expected jobs and manufacturing data.

他們的分析聲稱，當交易者預計經濟活動會增加時，美元通常會下降，但相反的情況發生在這次。即使交易者對由於工作低於預期的工作和製造數據而對經濟前景感到悲觀，而不是上升，但美元急劇下降。

Additionally, inflation in the U.S. actually declined at the headline level last month, which could prompt the Federal Reserve to resume cutting rates at its next meeting. Still, the market may have interpreted the lower figures as potentially waning demand, deepening the crisis.

此外，美國的通貨膨脹實際上在上個月的標題級別下降了，這可能會促使美聯儲在下次會議上恢復降低率。儘管如此，市場可能還是將較低的數字解釋為潛在的需求，從而加深了危機。

That “confidence crisis” is seemingly seeing every asset gain against the dollar, except crypto. Bitcoin investors realized losses of up to $250 million over 6-hour windows during the recent drop, according to Glassnode, which points out that “realized losses are shrinking - suggesting early signs of seller exhaustion.” Stay alert!

除了加密貨幣之外，“信心危機”似乎看到了每筆資產的收益。根據GlassNode的說法，在最近的下降期間，比特幣投資者在6小時的窗戶上意識到損失高達2.5億美元，該損失指出“實現的損失正在減少 - 表明賣方疲憊的早期跡象。”保持警覺！

What to Watch

看什麼

Token Events

令牌事件

Conferences:

會議：

Token Talk

代幣談話

By Shaurya Malwa and Oliver Knight

Shaurya Malwa和Oliver Knight

Derivatives Positioning

衍生物定位

Market Movements:

市場變動：

Bitcoin Stats:

比特幣統計：

Technical Analysis

技術分析

Crypto Equities

加密股票

ETF Flows

ETF流

Spot BTC ETFs:

SPOT BTC ETF：

Spot ETH ETFs

點ETH ETF

Source: Farside Investors

資料來源：Farside Investors

Overnight Flows

隔夜流動

Chart of the Day

日圖

While You Were Sleeping

當你睡覺的時候

In the Ether

在以太