新的一年投资者会撤退吗？美元代币 [USDC] 供应量飙升至 20 亿美元——707 天以来的最高水平，而全球加密货币市值下跌 3.49%

历史暗示会出现回调，但鉴于当前的波动性，崩盘是否可能即将来临？随着投资者为了安全而逃往 USDC……

Investors are pulling back from the market en masse as the global crypto market cap fell by 3.49%, reaching $2.38 trillion. However, a closer look at the market reveals a different story.

随着全球加密货币市值下跌 3.49%，达到 2.38 万亿美元，投资者纷纷撤离市场。然而，仔细观察市场就会发现不同的情况。

Despite the market downturn, Bitcoin’s price remained relatively stable above the $100K mark throughout the week. This stability was largely driven by investors seeking refuge in stablecoins, such as USD Coin [USDC], due to the uncertainty in the market.

尽管市场低迷，比特币价格整周仍相对稳定在 10 万美元大关之上。这种稳定性很大程度上是由于市场的不确定性而寻求稳定币（例如美元硬币 [USDC]）的投资者所推动的。

As a result, the supply of USDC surged to $2 billion, marking its highest level in 707 days. This massive increase, coupled with the influx of investors into USDC, highlighted the fear gripping the market.

USDC 的供应量因此飙升至 20 亿美元，创下 707 天来的最高水平。这一大幅增长，加上投资者涌入 USDC，凸显了市场的恐惧情绪。

Moreover, the shift into stablecoins also put pressure on institutions to absorb the liquidity. This was evident in MicroStrategy’s two purchases, totaling 3,600 BTC, and BlackRock’s largest Bitcoin purchase of the year, amounting to $600 million in BTC.

此外，向稳定币的转变也给机构吸收流动性带来了压力。这在 MicroStrategy 的两次购买（总计 3,600 BTC）以及 BlackRock 年度最大的比特币购买（总计 6 亿美元的 BTC）中得到了体现。

On the other hand, Bitcoin ETFs continued to attract inflows, which helped propel BTC past the $100K mark with institutional support. However, the declining greed signaled a shrinking risk appetite, as investors opted for stablecoins like USDC over Bitcoin, highlighting the debate over Bitcoin’s status as a ‘safe haven.’

另一方面，比特币ETF持续吸引资金流入，在机构支持下推动比特币突破10万美元大关。然而，贪婪的下降预示着风险偏好的萎缩，因为投资者选择了 USDC 等稳定币而不是比特币，这凸显了关于比特币作为“避风港”地位的争论。

In related news, a day before Trump’s swearing-in ceremony, a whopping $818 million in Tether USD (ERC20) coins exited exchanges, marking the largest outflow in a year. This event occurred amidst Trump’s bold policies, which saw investors exercising caution.

相关消息称，在特朗普就职典礼前一天，价值高达 8.18 亿美元的 Tether USD (ERC20) 代币退出交易所，创下一年来最大的流出量。这一事件发生在特朗普大胆的政策期间，投资者对此持谨慎态度。