Bitcoin (BTC) flirted with $100,000 Thursday as major cryptocurrencies including dogecoin (DOGE) and Cardano's ADA led crypto market gains, boosted by dovish signals from the Federal Reserve and a pending trade deal teased by U.S. President Donald Trump.

比特幣（BTC）週四以100,000美元的價格調情，包括多狗（Dogecoin（Doge））和卡爾達諾（Cardano）的ADA領導的加密貨幣市場收益，這是由美聯儲的虔誠信號和美國總統唐納德·特朗普（Donald Trump）嘲笑的一項未決貿易協議的提升。

DOGE added 5% and ADA jumped 4%, while ether (ETH), BNB Chain's BNB, xrp (XRP) and Solana's SOL gained 2%-3%. The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens rose 2.2%.

Doge增加了5％，ADA躍升了4％，而Ether（ETH），BNB鏈的BNB，XRP（XRP）和Solana的SOL上漲了2％-3％。基於廣泛的Coindesk 20（CD20），一個跟踪最大令牌的液體指數上漲了2.2％。

In a social media post late Wednesday, Trump said the U.S. will unveil "big" trade deal with a "highly respected country" at a press conference slated for 10 a.m. ET.

在周三晚些時候的社交媒體帖子中，特朗普說，美國將在美國東部時間上午10點的新聞發布會上與“備受尊敬的國家”與“備受尊敬的國家”交易。

Bloomberg, the Financial Times and New York Times all identified the country as the U.K.

彭博社，《金融時報》和《紐約時報》都將該國確定為英國

The announcement would mark the start of "many" such deals, Trump added, raising speculation that months of tariff-fueled uncertainty is set to ease, possibly reviving risk appetite across global markets.

特朗普補充說，這一消息將標誌著“許多”交易的開始，這引起了人們的猜測，即幾個月的關稅不確定性將放鬆，可能會恢復全球市場的風險食慾。

Tariff concerns have rocked equities and commodities in recent weeks. Any resolution that improves cost dynamics for U.S. businesses could serve as a tailwind for risk assets, including crypto.

最近幾週，關稅的擔憂引起了股票和商品的震撼。任何改善美國企業成本動態的決議都可以作為包括加密在內的風險資產的逆風。

"Bitcoin is inching back up to $100k with the steady Fed rate decision and the topic of future rate cuts having more consideration by traders," said Semir Gabeljic, head of Pythagoras Investments. "Based on the current administration's pressure on the Fed chair, anything is a possibility—uncertainty is the only certainty."

畢達哥拉斯投資負責人Semir Gabeljic表示：“比特幣的穩定的美聯儲率決策和未來稅率削減的話題對交易者的考慮更加考慮。” “基於當前政府對美聯儲主席的壓力，任何可能的可能性 - 不確定是唯一的確定性。”

Other observers warned that policy makers could be walking into a period of stagflation, which occurs when high inflation, stagnant economic growth and rising unemployment occur simultaneously — considered highly detrimental for a healthy economy.

其他觀察家警告說，政策制定者可能會走進一個陷阱時期，這發生在高通貨膨脹，停滯不前的經濟增長和同時發生失業時，這被認為對健康經濟嚴重有害。

"The Federal Reserve faces an intensifying policy dilemma that threatens both sides of its dual mandate," said Gabe Selby, head of research at CF Benchmarks, told CoinDesk in a message.

CF基準研究負責人加貝·塞爾比（Gabe Selby）表示：“美聯儲面臨著一個加劇的政策困境，威脅到其雙重任務。”

"With businesses largely passing rising tariff costs onto consumers ... inflation is expected to reaccelerate over the next six months, while labor market indicators point to a deteriorating employment outlook," Selby said.

塞爾比說：“隨著企業在很大程度上將關稅成本提高到消費者中……預計通貨膨脹將在接下來的六個月內重新加油，而勞動力市場指標則表明就業不斷惡化。”

Selby added that while CF Benchmarks still anticipates "around 100bps of rate cuts by year-end," the Fed could err by acting too late, risking further economic pain.

Selby補充說，儘管CF基準仍預計“年終會降低約100bps的降低率”，但美聯儲可能會通過太晚行事而犯錯，冒著進一步的經濟痛苦。

"In this volatile macro backdrop, bitcoin has clearly emerged as a key beneficiary," Selby noted, citing record inflows into U.S. spot bitcoin ETFs, including BlackRock's IBIT, which has seen $4.3 billion in inflows over the past month.

塞爾比指出：“在這種動蕩的宏觀背景中，比特幣顯然是一個關鍵的受益人。”塞爾比（Selby）介紹了紀錄的紀錄，其中包括貝萊德（BlackRock）的IBIT，其中包括貝萊德（BlackRock）的IBIT，過去一個月在過去一個月中的流入率達到43億美元。

Meanwhile, Jupiter Zheng, a partner at HashKey Capital, said BTC's recent price moves are part of a broader structural shift.

同時，Hashkey Capital的合夥人Jupiter Zheng表示，BTC最近的價格轉移是更廣泛的結構轉變的一部分。

"Bitcoin's rise is a testament to its hedge against macroeconomic and geopolitical volatility," Zheng said. "Investors increasingly view crypto as a core part of resilient portfolios."

鄭說：“比特幣的崛起證明了對宏觀經濟和地緣政治波動的對沖。” “投資者越來越多地將加密貨幣視為彈性投資組合的核心部分。”