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.

比特币（BTC）周四以100,000美元的价格调情，包括多狗（Dogecoin（Doge））和卡尔达诺（Cardano）的ADA领导的加密货币市场收益，这是由美联储的虔诚信号和美国总统唐纳德·特朗普（Donald Trump）嘲笑的一项未决贸易协议的提升。

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跃升了4％，而Ether（ETH），BNB链的BNB，XRP（XRP）和Solana的SOL上涨了2％-3％。基于广泛的Coindesk 20（CD20），一个跟踪最大令牌的液体指数上涨了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.

在周三晚些时候的社交媒体帖子中，特朗普说，美国将在美国东部时间上午10点的新闻发布会上与“备受尊敬的国家”与“备受尊敬的国家”交易。

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

彭博社，《金融时报》和《纽约时报》都将该国确定为英国

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.

特朗普补充说，该公告将标志着“许多”此类交易的开始，这引起了人们的猜测，即几个月的关税不确定性将放松，可能会恢复全球市场的风险食欲。

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.

最近几周，关税的担忧引起了股票和商品的震撼。任何改善美国企业成本动态的决议都可以作为包括加密在内的风险资产的逆风。

"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."

毕达哥拉斯投资负责人Semir Gabeljic表示：“比特币的稳定的美联储率决策和未来税率削减的话题对交易者的考虑更加考虑。” “基于当前政府对美联储主席的压力，任何可能的可能性 - 不确定是唯一的确定性。”

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.

其他观察家警告说，政策制定者可能会走进一个陷阱时期，这发生在高通货膨胀，停滞不前的经济增长和同时发生失业时，这被认为对健康经济严重有害。

"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基准研究负责人加贝·塞尔比（Gabe Selby）表示：“美联储面临着一个加剧的政策困境，威胁到其双重任务。”

"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.

塞尔比说：“随着企业在很大程度上将关税成本提高到消费者中……预计通货膨胀将在接下来的六个月内重新加油，而劳动力市场指标则表明就业不断恶化。”

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补充说，尽管CF基准仍预计“年终会降低约100bps的降低率”，但美联储可能会通过太晚行事而犯错，冒着进一步的经济痛苦。

"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.

塞尔比指出：“在这种动荡的宏观背景中，比特币显然是一个关键的受益人。”塞尔比（Selby）介绍了纪录的纪录，其中包括贝莱德（BlackRock）的IBIT，其中包括贝莱德（BlackRock）的IBIT，过去一个月在过去一个月中的流入率达到43亿美元。

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

同时，Hashkey Capital的合伙人Jupiter Zheng表示，BTC最近的价格转移是更广泛的结构转变的一部分。

"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."

郑说：“比特币的崛起证明了对宏观经济和地缘政治波动的对冲。” “投资者越来越多地将加密货币视为弹性投资组合的核心部分。”