关键要点
- 受美国国债收益率上升影响,比特币跌幅超过2%,在83,900至84,150美元区间徘徊。
- 狗狗币(Dogecoin)在主流加密货币中跌幅最大,暴跌约8%。
- 10年期美债收益率收盘触及5.11%,创下自2007年以来的新高。
- 规模达700亿美元的5年期美债拍卖需求疲软,加剧了市场压力。
- 原油价格飙升超过4%,引发市场对通胀和利率的担忧。
收益率攀升背后的驱动因素
周四,比特币遭受显著下行压力。这位领先的加密货币资产在本周早些时候曾一度接近87,300美元,随后回落超过2%,最终收于83,900美元附近。此次抛售恰逢美国国债收益率攀升至2007年以来的最高水平。作为基准指标的10年期美债收益率在一天的交易中跳涨15个基点,收于5.11%。
在主流数字资产中,狗狗币经历了最严重的下跌。这款基于模因文化的加密货币暴跌约8%,跌至9美分关口上方。
本周,多重因素共同推动借贷成本上行。能源价格成为重要的推手之一。布伦特原油上涨超过4%,逼近每桶104美元,扭转了此前连续六日的下跌态势,而此前的下跌曾短暂缓解市场的通胀担忧。
Economic data further exacerbated the pressure. A preliminary report released by S&P Global shows that U.S. economic output is expanding at its fastest pace in the past five and a half years. The composite index rose to 58.4, the strongest reading since July 2021. The most significant decline in Bitcoin occurred just after the release of this economic data.
During the afternoon trading session, the U.S. Treasury Department held an auction of $70 billion in 5-year notes. Auction demand was sluggish, and the final yield was set at 5.033%, the highest since 2006. Investors are demanding additional compensation to absorb debt, signaling a weakening market willingness to hold government securities at current interest rates.
Impact on the cryptocurrency sector
Rising yields have reduced the appeal of non-interest-earning assets, which include Bitcoin and many other digital currencies. ZEC, XRP and HYPE fell 5% to 6%, respectively. Ether, Solana and BNB fell between 2% and 3%.
XRP suffered additional losses in subsequent trading sessions, falling 7.5% to US$1.5052. Cardano retreated 7.1%, while $TRUMP memo plunged 11.4%.
Currently, Bitcoin trading prices are below the US$85,000 mark. Ledn co-founder Mauricio Di Bartolomeo pointed out that there were a large number of call options held at the exercise price before approximately $14 billion in options expired on the Deribit platform on Friday.
美国国债收益率的攀升效应已超越国界。日本10年期收益率也在周四触及三十年来的峰值。继美联储上周加息25个基点后,市场预期将进一步加息。央行重申了其2%的通胀目标,市场参与者将此解读为未来可能收紧政策的信号。
原油价格的反弹源于伊朗总统马苏德·佩泽什基安在纽约联合国大会上的发言。他在周三发表了针对美国及前总统唐纳德·特朗普的批评性言论。
尽管周四出现下跌,但比特币在九月整体仍保持积极势头。本月早些时候,随着美国当局监管支持的增强,市场参与者反应积极。美国证券交易委员会(SEC)批准区块链股权发行享有五年豁免期的决定,引发了山寨币市场的广泛反弹。即便《清晰度法案》(Clarity Act)未能在国会通过,这一利好依然推动了市场情绪。

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