Key Points

關鍵點

• The cryptocurrency market experienced a significant sell-off driven by escalating recession fears and heightened US-Canada trade tensions.
• Bitcoin's value fell below $81,000, reducing its market capitalization to $2.71 trillion.

The cryptocurrency market is undergoing a substantial correction, primarily attributed to growing recession anxieties and intensifying trade disputes between the United States and Canada. President Trump's aggressive economic policies, including tariffs on key trading partners, have significantly increased market volatility. While avoiding explicit mention of recession, Trump maintains his policies are designed to bolster the economy, despite the potential for near-term disruption.

加密貨幣市場經歷了大量的拋售，這是由於經濟衰退的恐懼加劇並加劇了美國加拿大貿易緊張局勢。Bitcoin的價值低於81,000美元，將其市值降低至2.71萬億美元。加密貨幣市場正經過實質性的糾正，主要歸因於衰退焦慮的貿易型貿易型貿易和加入，這兩者都在不斷增長。 特朗普總統的積極經濟政策，包括關鍵交易夥伴的關稅，大大提高了市場波動。在避免明確提及經濟衰退的同時，特朗普認為，儘管有可能發生近期破壞，但他的政策旨在加強經濟。

Canada's Political Shift

加拿大的政治轉變

A significant political shift occurred in Canada with Mark Carney replacing Justin Trudeau as Prime Minister. Carney has adopted a strong stance against Trump's trade policies. In his inaugural address, Carney underscored Canada's distinct national identity and pledged to maintain tariffs until the U.S. adopts a more respectful approach. This follows Canada's imposition of a 25% tariff on U.S. consumer goods in response to Trump's tariffs.

馬克·卡尼（Mark Carney）接替賈斯汀·特魯多（Justin Trudeau）擔任總理，這發生了重大的政治轉變。卡尼對特朗普的貿易政策採取了強烈的立場。 卡尼在就職演說中強調了加拿大獨特的民族身份，並承諾要維持關稅，直到美國採取更加尊重的方法。這是因為加拿大對特朗普的關稅徵收25％的美國消費品關稅。

Deepening Trade War and Crypto Market Impact

加深貿易戰和加密市場影響

The escalating trade conflict has drawn widespread criticism. David Krayden, writing for Post Millennial and Substack, voiced concerns, warning of potential depression if relations are not stabilized.

不斷升級的貿易衝突引起了廣泛的批評。 戴維·克里登（David Krayden）為千禧一代和替代品寫信，表達了擔憂，警告說，如果不穩定關係，潛在的抑鬱症。

This turmoil significantly impacted the cryptocurrency market. Following Carney's election, Bitcoin's price briefly dipped below $81,000 before recovering slightly above $82,000. Other prominent cryptocurrencies, including Ethereum (ETH), Ripple (XRP), and Dogecoin (DOGE), experienced losses exceeding 6%. The total cryptocurrency market capitalization contracted by 6%, reaching $2.8 trillion, with over $600 million in leveraged liquidations. The market cap subsequently declined further to $2.71 trillion, reflecting persistent uncertainty and a bearish market sentiment.

這種動盪極大地影響了加密貨幣市場。在卡尼當選之後，比特幣的價格短暫下跌了81,000美元，然後恢復了82,000美元。 其他突出的加密貨幣，包括以太坊（ETH），Ripple（XRP）和Dogecoin（Doge），經歷了超過6％的損失。加密貨幣市值的總資本化收縮了6％，達到2.8萬億美元，超過6億美元的槓桿清算。 市值隨後進一步下降至2.71萬億美元，反映了持續的不確定性和看跌市場的情緒。