Bitcoin, Ethereum Decoupling From Tech Stocks Is Positive, Experts Claim
Bitcoin, Ethereum Decoupling From Tech Stocks Is Positive, Experts Claim
Bloomberg ETF analyst James Seyffart and macro trader Alex Krüger discussed the decoupling of cryptocurrency markets from tech stocks in recent weeks.
彭博ETF分析师詹姆斯·赛法特和宏观交易员亚历克斯·克鲁格讨论了加密市场近几周与科技股市场脱钩的情况。
What Happened: While the Nasdaq continues to rally, led by AI darling Nvidia (NASDAQ:NVDA), Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) have remained range-bound since March. The decoupling of crypto from tech stocks could signal a maturing market, with digital assets potentially offering diversification benefits, according to the expert.
事件经过：尽管纳斯达克继续上涨，由于今年三月以来比特币(CRYPTO: BTC)和以太坊(CRYPTO: ETH)的价格一直在此区间波动，加密货币与科技股市场的分离也许标志着这个市场的成熟，专家认为数字资产可能提供分散化收益。
"It's actually a good thing that we're not seeing Bitcoin and Ethereum correlated with the Nasdaq," noted James Seyffart in a podcast with crypto journalist Laura Shin. "You want them to be uncorrelated assets with different risk-reward payoffs."
“事实上，我们不希望看到比特币和以太坊与纳斯达克相关。”詹姆斯·赛法特在与加密记者Laura Shin的播客中指出：“您希望它们是不同风险回报偿付的不相关资产。”
Expectations for Fed rate cuts in September have risen to 69%, and long-term Treasury yields are also rising, with 30-year futures down 1.6% in a single day. Meanwhile, VanEck and 21Shares filed for Solana (CRYPTO: SOL) ETFs, following Bitcoin and Ethereum. However, approval remains unlikely before 2025 without regulatory changes.
预计9月美联储降息的期望已经升至69％，同时30年期期货下跌了1.6％。同时，VanEck和21Shares申请了Solana(CRYPTO: SOL) ETF，这一举措参照了比特币和以太坊，然而，除非出现监管变化，否则在2025年之前获批准的可能性仍很小。
Also Read: Bitcoin, Ethereum ETF Inflows 'Will Change The Mood Completely,' Says Trader: 'Up Often, Up Only'
还有：交易员表示比特币和以太坊ETF的流入将彻底改变情绪：经常上涨，只有上涨。
Why It Matters: Rising rate cut expectations could be bullish for crypto, as lower rates typically boost risk assets. However, the "bear steepening" of the yield curve, attributed to the "Trump trade," suggests markets are pricing in potential fiscal irresponsibility if Trump wins in 2024.
为什么重要：预计降息可能对加密有利，因为更低的利率通常会提振风险资产。然而，基于“特朗普贸易”的收益率曲线“拐点加急”表明，如果特朗普在2024年再次当选，市场可能会定价为可能出现财政不负责任的情况。
Meanwhile, the upcoming U.S. election looms large, with Trump's debate performance boosting his odds. A Trump victory could be positive for crypto, however, there's still significant time before November.
与此同时，即将到来的美国大选正占据主导地位，特朗普的辩论表现提高了他的胜选几率。特朗普的胜选对加密货币可能是有利的，但是在11月之前还有很长时间。
As macro crosscurrents swirl, crypto markets' consolidation may be setting up for a future breakout. "I'm pretty disappointed by price action," admitted Alex Krüger. "But I don't see any reason to have my bullish views invalidated."
当宏观交叉汇聚时，加密市场的整合可能为未来的突破打下基础。“我对价格走势感到非常失望，”亚历克斯·克鲁格承认道。“但我没有看到任何理由来否定我的看涨观点。”
Ultimately, the stage may be set for crypto's next move, though the direction remains unclear. Investors will be closely watching economic data, particularly the upcoming non-farm payrolls report, for clues on the Fed's next moves and potential impacts on crypto markets.
最终，加密货币的下一步走向也许已经确立了，尽管方向尚不清楚。投资者将密切关注经济数据，特别是即将发布的非农就业报告，以获取有关美联储下一步行动和潜在影响加密市场的线索。
What's Next: The influence of Bitcoin as an institutional asset class is expected to be thoroughly explored at Benzinga's upcoming Future of Digital Assets event on Nov. 19.
接下来：比特币作为机构资产类别的影响力预计将在Benzinga即将到来的数字资产未来活动中得到彻底探讨。日期是11月19日。
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
此内容部分使用人工智能工具生成，并由Benzinga编辑审查和发布。
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