避险情绪席卷全球市场，比特币暴跌 10%

(彭博社)——周一，加密货币受到全球市场一轮避险情绪的打击，导致比特币一度下跌超过 10%

Cryptocurrencies slid on Monday as part of a broader risk-off mood across global markets, with Bitcoin dropping more than 10% at one point and ether suffering its biggest daily decline since 2021.

作为全球市场更广泛的避险情绪的一部分，加密货币周一下跌，比特币一度下跌超过 10%，以太币则创下 2021 年以来最大单日跌幅。

Bitcoin was trading down 8.5% at $54,100 at 10:40 a.m. in Singapore, adding to a 13.1% drop last week that was the worst since the FTX exchange collapsed. Ether lost more than a fifth of its value before recovering some of its losses to trade at $2,275. Most major tokens were deep in the red.

新加坡上午 10:40 比特币价格下跌 8.5%，至 54,100 美元，上周跌幅为 13.1%，这是自 FTX 交易所倒闭以来最严重的跌幅。以太币价格下跌超过五分之一，随后收复部分损失，交易价格为 2,275 美元。大多数主要代币都陷入深红色。

The declines come as a global stock selloff gathers pace, reflecting concerns about the economic outlook and whether heavy investment in artificial intelligence is living up to the hype around the technology. Geopolitical tensions are rising in the Middle East, adding to investor jitters.

此次下跌之际，全球股市抛售步伐加快，反映出人们对经济前景以及对人工智能的大量投资是否辜负了围绕该技术的炒作的担忧。中东地缘政治紧张局势加剧，加剧了投资者的不安。

On Aug. 2, U.S. exchange-traded funds for Bitcoin saw their largest outflows in about three months. The question is whether the products will attract buyers who are down when trading resumes, or whether they will be destroyed by deeper exits.

8 月 2 日，美国比特币交易所交易基金出现约三个月来最大的资金流出。问题在于，这些产品是否会在交易恢复时吸引那些情绪低落的买家，或者是否会因进一步退出而被摧毁。

“Carrying Handle”

“提手”

Digital assets are partly a victim of the unwinding yen carry trade as speculators adjust to higher interest rates in Japan, according to Hayden Hughes, head of crypto investments at family office Evergreen Growth.

家族办公室 Evergreen Growth 加密投资主管 Hayden Hughes 表示，随着投机者适应日本利率上升，数字资产在一定程度上成为日元套利交易平仓的受害者。

“These investors are also facing a dramatic increase in hedging costs based on the volatility of the US dollar-Japanese yen trading pair,” Hughes said.

休斯表示：“由于美元兑日元交易对的波动，这些投资者还面临着对冲成本的急剧增加。”

Bitcoin has been buffeted by a range of factors since hitting a record $73,798 in March, including changing political fortunes in the US as pro-crypto Republican Donald Trump and Democratic opponent Vice President Kamala Harris – who has yet to take a position on her policy on digital assets – lock horns in the presidential race.

自 3 月份触及创纪录的 73,798 美元以来，比特币一直受到一系列因素的冲击，其中包括支持加密货币的共和党人唐纳德·特朗普和民主党对手副总统卡马拉·哈里斯改变了美国的政治命运，而哈里斯尚未就其加密货币政策表明立场。数字资产——总统竞选中的角逐。

The potential sale of Bitcoins seized by governments also hangs over the market. There is also the risk of a sell-off as tokens are returned to creditors through bankruptcy proceedings.

政府可能出售的比特币也笼罩着市场。由于代币通过破产程序返还给债权人，因此还存在抛售的风险。

Fed Outlook

美联储展望

Bond traders have been ramping up their bets on U.S. rate cuts from September to support economic growth. The prospect of less restrictive monetary policy is actually “a good thing for crypto,” argued Sean Farrell, head of digital asset strategy at Fundstrat Global Advisors LLC.

债券交易员一直加大对美国从 9 月份开始降息以支持经济增长的押注。 Fundstrat Global Advisors LLC 数字资产策略主管 Sean Farrell 认为，宽松的货币政策前景实际上“对加密货币来说是一件好事”。

Bitcoin's pullback from its lows on Monday left the token at levels last seen in February. Ether, meanwhile, has previously fallen back to prices seen earlier in the year. Like Bitcoin, it remains to be seen how investors in new U.S. spot Ether ETFs will react.

比特币周一从低点回落，使其回到 2 月份的水平。与此同时，以太币此前已回落至今年早些时候的价格。与比特币一样，美国新现货以太 ETF 的投资者将如何反应仍有待观察。

Justin D’Anethan, head of Asia Pacific business development at market maker Keyrock, said the crypto rout was somewhat driven by Ether, citing social media rumors of institutional investors selling Ether-related assets.

做市商 Keyrock 亚太区业务开发主管 Justin D'Anethan 表示，加密货币暴跌在一定程度上是由以太币推动的，他援引了社交媒体上有关机构投资者出售以太币相关资产的传言。

Data from Coinglass shows that around $700 million worth of bullish crypto positions were liquidated using derivatives in the past 24 hours, a sign that leveraged bets are failing.

Coinglass 的数据显示，在过去 24 小时内，价值约 7 亿美元的看涨加密货币头寸被衍生品清算，这表明杠杆押注正在失败。

Khushboo Khullar, a venture partner at Lightning Ventures, which invests in bitcoin-linked companies, said the broad stock decline had caused some “panic,” with investors quickly seeking liquidity to settle margin calls. She argued that the crypto pullback is a “great buying opportunity.”

投资比特币相关公司的 Lightning Ventures 的风险合伙人 Khushboo Khullar 表示，股价的大幅下跌引发了一些“恐慌”，投资者迅速寻求流动性来解决追加保证金的问题。她认为，加密货币回调是一个“绝佳的买入机会”。

Bitcoin's year-to-date gains have been moderate at around 24%, compared with a 19% rise in gold and a 9% jump in the global equity benchmark.

比特币今年迄今的涨幅温和，约为 24%，而黄金上涨 19%，全球股票基准上涨 9%。