加密貨幣在周一艱難地開始交易會議之後，重新獲得了立足點

隨著貿易商消化了穆迪（Moody）降級美國政府債券，反映了風險資產的更廣泛恢復。

Cryptocurrencies recovered on Monday after a rocky start to the trading session, mirroring a broader recovery in risk assets as traders digested Moody's downgrade of U.S. government bonds.

加密貨幣在交易會開始後周一恢復，隨著交易者消化了穆迪（Moody）的降級美國政府債券，這反映了風險資產的更廣泛恢復。

Bitcoin

比特幣

DeFi lending platform Aave

Defi貸款平台AAVE

The bounce extended to U.S. stocks, too, with the S&P 500 and Nasdaq erasing their morning decline.

彈跳也擴展到了美國股票，標準普爾500指數和納斯達克消除了他們的早晨下降。

The early pullback in crypto and stocks came after Moody's late Friday downgraded the U.S. credit rating from its AAA status. The move rattled bond markets, pushing 30-year Treasury yields above 5% and the 10-year note to over 4.5%.

加密貨幣和股票的早期回調是在穆迪週五晚些時候將美國信用評級從其AAA身份降低的。此舉使債券市場搖搖欲墜，將30年的國庫收益率提高了5％，而10年的票據則超過4.5％。

Still, some analysts downplayed the downgrade's long-term impact on asset prices.

儘管如此，一些分析師卻低估了降級對資產價格的長期影響。

"What does [the downgrade] mean for markets? Longer-term – really nothing," said Ram Ahluwalia, CEO of wealth management firm Lumida Wealth. He added that in the short term there might be some selling pressure centered on U.S. Treasuries due to large institutional investors rebalancing, as some of them are mandated to hold assets only in AAA-rated securities.

財富管理公司Lumida Wealth的首席執行官Ram Ahluwalia說：“ [降級]對市場意味著什麼？他補充說，在短期內，由於大型機構投資者的重新平衡，可能會出現以美國國債的銷售壓力，因為其中一些人僅要求在AAA評級證券中持有資產。

"Moody’s is the last of the three major rating agencies to downgrade U.S. debt. This was the opposite of a surprise – it was a long time coming," Callie Cox, chief market strategist at Ritholtz Wealth Management, said in an X post. "That’s why stock investors don't seem to care."

Ritholtz Wealth Management的首席市場策略師Callie Cox在X Post中說：“穆迪是降級美國債務的三個主要評級機構中的最後一個。這與一個驚喜相反 - 這是一個漫長的時間。” “這就是為什麼股票投資者似乎不在乎。”

Bitcoin targets $138K this year

比特幣今年目標$ 138K

While BTC hovers just below its January record prices, digital asset ETF issuer 21Shares sees more upside for this year.

儘管BTC徘徊在其一月份的創紀錄價格上，但數字資產ETF發行人21shares看到了今年的更多上行空間。

"Bitcoin is on the verge of a breakout," research strategist Matt Mena wrote in a Monday report. He argued that BTC's current rally is driven not by retail mania, but by a confluence of structural forces, including institutional inflows, a historic supply crunch and improving macro conditions that suggests a more durable and mature path to fresh all-time highs.

研究策略師Matt Mena在周一的報告中寫道：“比特幣正處於突破的邊緣。”他認為，BTC目前的集會不是由零售狂熱驅動的，而是由結構力的匯合，包括機構流入，歷史悠久的供應緊縮以及改善宏觀條件，這表明較耐用，更成熟的新鮮途徑。

Spot Bitcoin ETFs have consistently absorbed more BTC than is mined daily, tightening supply while major institutions, corporations such as Strategy and newcomer Twenty One Capital accumulate and even states explore creating strategic reserves.

與每天開採相比，現貨比特幣ETF始終吸收的BTC更多，供應收緊，而主要的機構，戰略和新移民二十一資本的資本累積，甚至各州也探索創造戰略儲備。

These factors combined could lift BTC to $138,500 this year, Mena forecasted, translating to a roughly 35% rally for the largest crypto.

這些因素加在一起可能會使BTC今年提高到138,500美元，梅納預測，對最大的加密貨幣的集會大約為35％。