Cryptocurrency Surge Reverses After China's Tariff Announcement

中国关税公告后，加密货币激增逆转

In the past 24 hours, major cryptocurrencies experienced notable gains, with some witnessing increases of up to 20%. This surge was attributed to a "buy-the-dip" strategy following a market shift of $2.2 billion on Monday. However, these gains were swiftly reversed when China announced retaliatory tariffs against the U.S.

在过去的24小时内，重大加密货币经历了显着的收益，一些目击者的增长高达20％。这次激增归因于周一22亿美元的市场变化后，这是归因于“浸入式”策略。但是，当中国宣布对美国的报复性关税时，这些收益迅速扭转了

During the Asian morning hours, the market retracted as the deadline for new U.S. tariffs on China passed without a resolution. Cryptocurrencies such as XRP, Dogecoin (DOGE), Solana (SOL), and Cardano (ADA) had climbed by nearly 3%, while Bitcoin (BTC) and Ether (ETH) had gained approximately 4%.

在亚洲早晨，市场撤回，因为新美国对中国关税的截止日期没有解决。 XRP，Dogecoin（Doge），Solana（Sol）和Cardano（ADA）等加密货币攀升了近3％，而比特币（BTC）和Ether（Eth）和Ether（Eth）上涨了约4％。

Ben El-Baz, Managing Director of HashKey Global, raised concerns about the U.S.-China tariff conflict. He noted that it could dampen interest in risk assets, potentially affecting the positive sentiment that has fueled the crypto market's growth in the past year. Nevertheless, he suggested that if the U.S. adopts more crypto-friendly policies, the adverse effects could be temporary.

Hashkey Global董事总经理Ben El-Baz引起了对美中关税冲突的担忧。他指出，这可能会削弱对风险资产的兴趣，这可能会影响过去一年中加密货币市场增长的积极情绪。尽管如此，他建议，如果美国采用更多的加密友好政策，不利影响可能是暂时的。

Traders remain uncertain about the long-term implications of China's tariffs. The market may experience a reversal or a prolonged downturn if further actions are taken against China by the Trump administration. Min Jung, a research analyst at Prestro Research, highlighted that while Bitcoin is increasingly perceived as a digital store of value, it still exhibits characteristics of a risk asset. The tariffs, like other risk assets such as stocks, are exerting pressure on cryptocurrencies.

贸易商仍然不确定中国关税的长期影响。如果特朗普政府对中国采取进一步的行动，市场可能会经历逆转或长期衰退。 Prestro Research的研究分析师Min Jung强调，尽管比特币越来越被视为价值的数字存储，但它仍然表现出风险资产的特征。与其他风险资产（例如股票）一样，关税也对加密货币施加压力。

While the initial market reaction may have been an overreaction, volatility is expected to persist as developments unfold. The critical question is whether these tariffs represent a negotiating tactic or the beginning of a more prolonged trade conflict, particularly given Trump's focus on China.

虽然最初的市场反应可能是一种过度反应，但随着发展的发展，波动率将持续下去。关键的问题是，这些关税是否代表了谈判策略，还是延长贸易冲突的开始，尤其是考虑到特朗普对中国的关注。

Trump's previous tariffs on imports from Canada, Mexico, and China triggered a sharp decline in Bitcoin and stock markets on Monday. This shift shifted investor focus from Trump's pro-crypto stance to the immediate economic consequences.

特朗普以前对加拿大，墨西哥和中国进口的关税在周一引发了比特币和股票市场的急剧下降。这一转变将投资者的重点从特朗普的亲克赖特托立场转移到了直接的经济后果。

The recent market events provided a "buy-the-dip" opportunity, with traders seeking refuge in dollar-backed stablecoins to mitigate economic uncertainty. However, retaliatory measures from affected nations could lead to a broader trade conflict, exacerbating volatility in the crypto market.

最近的市场事件提供了“浸入式”机会，交易者寻求以美元支持的稳定者避难来减轻经济不确定性。但是，受影响国家的报复措施可能导致更广泛的贸易冲突，加剧加密货币市场的波动。