随着美国和中国之间的贸易战升级，比特币（BTC）和更广泛的加密货币市场似乎相对毫无疑问

随着美国和中国之间的贸易战升级，后者对前者的关税从今天上午的84％提高到125％，比特币（BTC）和更广泛的加密货币市场似乎相对毫无疑问。

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.

随着美国和中国之间的贸易战升级，后者对前者的关税从今天上午的84％提高到125％，比特币（BTC）和更广泛的加密货币市场似乎相对毫无疑问。

At least compared to other assets.

至少与其他资产相比。

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.

在过去的24小时内，比特币仅下降了0.15％，而中国最近的升级并没有停止其持续的恢复。现在，加密货币的交易价格超过82,000美元。由Coindesk 20（CD20）指数衡量的更广泛的加密市场稳定，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.

关于其他资产，不能说同样的话。黄金上升到了新的3,227.5美元的纪录，这使Tether's Xaut（一种金牌的加密货币）是最佳的数字资产。

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%.

同时，美元指数（DXY）在经历了自2022年以来最大的下降后下降到100以下。与此同时，10年期库库的收益率不断上升到现在为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·皮索尔（Francesco Pesole）在内的策略师在《电讯报》报道的一份报告中写道：“现在已经确定了一个潜在的美元信心危机问题 - 我们正在全力以赴。”

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.

他们的分析声称，当交易者预计经济活动会增加时，美元通常会下降，但相反的情况发生在这次。即使交易者对由于工作低于预期的工作和制造数据而对经济前景感到悲观，而不是上升，但美元急剧下降。

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，美国的通货膨胀实际上在上个月的标题级别下降了，这可能会促使美联储在下次会议上恢复降低率。尽管如此，市场可能还是将较低的数字解释为潜在的需求，从而加深了危机。

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!

除了加密货币之外，“信心危机”似乎看到了每笔资产的收益。根据GlassNode的说法，在最近的下降期间，比特币投资者在6小时的窗户上意识到损失高达2.5亿美元，该损失指出“实现的损失正在减少 - 表明卖方疲惫的早期迹象。”保持警觉！

What to Watch

看什么

Token Events

令牌事件

Conferences:

会议：

Token Talk

代币谈话

By Shaurya Malwa and Oliver Knight

Shaurya Malwa和Oliver Knight

Derivatives Positioning

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Market Movements:

市场变动：

Bitcoin Stats:

比特币统计：

Technical Analysis

技术分析

Crypto Equities

加密股票

ETF Flows

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Spot BTC ETFs:

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Spot ETH ETFs

点ETH ETF

Source: Farside Investors

资料来源：Farside Investors

Overnight Flows

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Chart of the Day

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While You Were Sleeping

当你睡觉的时候

In the Ether

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