比特币突破了105,000美元，占用其历史最高高的3.5％

随着贸易商对整个市场的不确定性越来越大，比特币损失了105,000美元，仅在其以前历史最高水平的3.5％之内。

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.

比特币（BTC）周一，随着贸易商对越来越多的市场不确定性做出反应，将硬币提高到了105,787美元，因此比特币（BTC）越来越接近其以前的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.

根据Coingecko的数据，该硬币目前的交易价格为103,592美元，持有100,000美元以上的公司，这是自5月初以来未达到的水平。

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.

价格已经超过一周了，表明公牛还没有退缩，并且仍在等待下一条比赛。比特币还超过了2.1万亿美元的市值。

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日以来，比特币被捕获的范围很紧，卖方限制了其高点和捍卫低点的买家。但是，它停留在10万美元以上的事实说了很多。

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.

贸易商显然仍在担任职位，等待推进105,787美元的电阻。如果该水平被清除，动量可能会迅速将其推向120,000美元，这一目标正在由分析师观看图表的分析师浮动。

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，如果公牛队失败和比特币未能超越其旧纪录，那么短期持有人可能会开始兑现，从而使100,000美元的开放率开放以进行故障。低于$ 100,703的下降可能会引发更深的抛售，尤其是在市场情绪迅速翻转时。

Arthur Hayes sees Bitcoin as exit plan from US capital walls

亚瑟·海斯（Arthur Hayes）将比特币视为美国首都墙的退出计划

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的联合创始人，现在是Maelstrom的首席投资官Arthur Hayes放弃了他最新的宏观博客，他警告说，在债务上升和对外国资金的巨大依赖的压力下，美国可能会将资本管制转向资本控制，以替代关税。

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

亚瑟说：“这是下一个政治举措，因为向选民解释比更多的税收或金钱印刷要容易。”

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.

他接着向国有的美国资产提出了2％的税，他估计为33万亿美元，称这比关税更容易执行政策。

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

他补充说：“这种税收水平将涵盖90％的美国人的所得税，使其在政治上成为权宜之计。”

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，他说的结果将是外国投资者以小家伙从美国市场撤回。当发生这种情况时，美联储将再次刺激介入，以阻止出血。

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

亚瑟说：“在这一全球货币转型时期，比特币将是表现最好的资产。”

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

他说，即使受到资本限制，人们仍然可以使用互联网转移资金。

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

“只要有互联网，您就可以为比特币出售法定。”

US stock rebound drives shift toward global exposure and crypto

美国股票反弹驱动器转向全球曝光和加密货币

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.

现在，更广泛的市场已经从四月的抛售中完全恢复。重大损失已被删除，投资组合又回到了绿色中。但是，对于那些通过混乱而没有多样化的投资者来说，这种反弹被某些人视为罕见的第二次机会。现在，许多人被告知要在国外看，有些人在听。

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.

从一月到四月，全球市场实际上优于美国股票。例如，VXUS ETF（跟踪国际市场）在2025年迄今为止带来了超过60亿美元的收入。但这仍然很小，紧随其后的630亿美元倒入了Vanguard今年的S＆P 500 ETF（VOO）。该基金有望破坏其先前的年度流入记录。

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.

尽管如此，分析师和投资组合经理说，信息应该很明确：专注于美国股票的投资者需要平衡。

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.

即使是沃伦·巴菲特（Warren Buffett）和杰克·博格尔（Jack Bogle）等老式投资人物也一直以美国为中心，认为跨国公司已经在全球范围内赢得了收入。但是现在，正如彭博社报道的那样，沃伦（Warren）正在拨打一些长期以来的国内赌注，并将更多的资本投入日本市场。