Odaily星球日报讯 由于担心特朗普的关税计划可能会导致通胀回升，进而可能阻碍美联储今年降息，投资者一直在抛售风险资产并寻求避险资产。加拿大另类投资管理公司 Ninepoint Partners 董事总经理兼投资组合经理 Alex Tapscott 表示要让比特币有希望恢复涨势，投资者首先需要看到市场情绪稳定下来，他补充解释说：“偶尔我能想象到股市持平而比特币表现良好的情况。但我无法想象股市暴跌而比特币表现良好的情况。”（morningstar）

Odaily星球日报讯 由于担心特朗普的关税计划可能会导致通胀回升，进而可能阻碍美联储今年降息，投资者一直在抛售风险资产并寻求避险资产。加拿大另类投资管理公司 Ninepoint Partners 董事总经理兼投资组合经理 Alex Tapscott 表示要让比特币有希望恢复涨势，投资者首先需要看到市场情绪稳定下来，他补充解释说：“偶尔我能想象到股市持平而比特币表现良好的情况。但我无法想象股市暴跌而比特币表现良好的情况。”（morningstar）

分析师：股市暴跌无法让BTC表现良好，市场情绪稳定是恢复涨势的关键

Odaily Odaily report: Due to concerns that Trump's tariff plan may lead to a resurgence of inflation, which in turn may hinder the Fed's rate cuts this year, investors have been selling off risky assets and seeking safe-haven assets. Alex Tapscott, Managing Director and Portfolio Manager of Canadian alternative investment management firm Ninepoint Partners, said that for Bitcoin to have a chance of recovering, investors first need to see the market sentiment stabilize. He added, "Occasionally, I can imagine a scenario where the stock market is flat and Bitcoin performs well. But I can't imagine a scenario where the stock market crashes and Bitcoin performs well." (morningstar)

Odaily Odaily report: Due to concerns that Trump's tariff plan may lead to a resurgence of inflation, which in turn may hinder the Fed's rate cuts this year, investors have been selling off risky assets and seeking safe-haven assets. Alex Tapscott, Managing Director and Portfolio Manager of Canadian alternative investment firm Ninepoint Partners, said that for Bitcoin to have a chance of recovering, investors first need to see the market sentiment stabilize. He added, "Occasionally, I can imagine a scenario where the stock market is flat and Bitcoin performs well. But I cannot imagine a scenario where the stock market crashes and Bitcoin performs well." (morningstar)

Analyst: The stock market crash cannot make BTC perform well, and stable market sentiment is the key to resuming the rally

Odaily Odaily News reports that U.S. President Trump will host his first <Dai> cryptocurrency summit at the White House this Friday. However, some analysts point out that this may not be enough to boost the price of <Dai>. Alex Tapscott, Managing Director and Portfolio Manager of Canadian alternative investment firm Ninepoint Partners, said: "I think over time the market will start to discount Trump's statements. Frankly, I don't think Trump or anyone else needs to keep making major statements. What they need to do is focus on the hard work of developing a policy framework that will allow this industry to thrive in the U.S. I don't know if they will announce anything related to that at this meeting." (morningstar)

Trump's statement is discounted by the market, and the crypto summit may not be enough to boost Bitcoin prices

Here is the English translation, with the content inside <> not translated:

The ChainCatcher message states that according to 4E monitoring, the implementation of the US tariff policy on its three major trade partners has intensified investors' concerns about the escalation and expansion of the trade war. US stocks plunged across the board on Tuesday's opening, with the three major indices falling nearly 2% in early trading. However, as the US Commerce Secretary hinted that Trump may lower tariffs on Canada and Mexico, and investors bet again that the Federal Reserve will cut interest rates due to the risk of economic recession, the US stock market decline has eased, with the Dow Jones closing down 1.55%, the Nasdaq down 0.35%, and the S&P 500 index down 1.22%. Large-cap tech stocks initially fell collectively but turned positive by midday, with some stocks closing higher. The cryptocurrency market followed the US stock market's decline after the opening, with Bitcoin briefly dropping to the low of $81,500. However, as the US stock market's decline narrowed, the market also started a rebound. At the time of writing, Bitcoin is reported at $87,500, up 4.25% in 24 hours. Ethereum returned above $2,100 after falling below $2,000, up 5.8% in 24 hours. Over the past week, the cryptocurrency market has been significantly affected by news, with volatile fluctuations and increased trading difficulty, while market trading has been sluggish and on-chain activities have not shown significant changes. In the foreign exchange and commodity markets, Trump's implementation of tariffs on Canada and Mexico has caused the US dollar index to fall more than 0.9% during the day, hitting a new three-month low; crude oil has fallen for three consecutive days, with US oil reaching a new low since December last year; the rise in safe-haven demand and the weakness of the US dollar have supported a rise of more than 1.2% in gold during the day. The escalation of trade tensions has exacerbated market concerns about the US economic outlook. After the US implemented tariffs on Canada and Mexico, investors have increased their bets that the Federal Reserve will cut interest rates three times this year, each by 25 basis points, the first time since mid-December last year. In addition, the US Commerce Secretary hinted that Trump may announce a buffer period for tariffs on goods from Canada and Mexico as early as the 5th, and the market is closely watching whether this will bring a turning point.

4E: US stocks continue to fall, crypto market rebounds, and the market rekindles the expectation that the Fed will cut interest rates three times this year

Odaily Odaily News reports that QCP Capital posted on its official channel that after Trump announced his crypto reserves, the tariffs he imposed on Canada, Mexico and China, as well as the retaliatory measures taken by Canada and China - all of these have added fuel to the already uncertain crypto market. Bitcoin rose to $94,000 before crashing to $83,000, and is currently stabilizing around $88,000 in volatile trading. Meanwhile, the US Commerce Secretary hinted at partially lowering tariffs, which may be announced after Trump's State of the Union address. As the macroeconomic environment continues to change, cryptocurrencies remain closely tied to stocks, with their price movements reflecting broader economic changes. This Friday marks a historic milestone - the first White House Crypto Summit. However, the market remains cautious as there are no specific executive orders, funding commitments or Congressional support. Investors see this as a high-risk asymmetric event that could drive prices, but could also trigger a major sell-off. The market is now highly focused on the release of key economic data: the non-farm payroll report this Friday and the CPI data next Wednesday. This will play a crucial role in shaping market direction and the macroeconomic outlook.