贝莱德：比特币仍具全球货币替代角色，波动率趋势下降
Bitcoin Is Down but Asset’s Role as Global Monetary Alternative Remains, Says Blackrock
Bitcoin Magazine
比特币杂志
Bitcoin Is Down but Asset’s Role as Global Monetary Alternative Remains, Says Blackrock
贝莱德表示，尽管比特币价格下跌，其作为全球货币替代品的角色依然不变
Bitcoin’s price is down nearly 50% since its October record. But investors shouldn’t worry, the world’s largest asset manager has said, and the cryptocurrency still plays a role as “a global monetary alternative.”
自十月份创下历史新高以来，比特币价格已下跌近50%。但全球最大的资产管理公司表示，投资者不必担忧，这种加密货币仍扮演着“全球货币替代品”的角色。
In a report Monday, Robert Mitchnick, global head of digital assets at the firm, said that the ongoing rise in U.S. and global government debt and deficits hasn’t slowed.
在周一的一份报告中，该公司数字资产全球主管罗伯特·米奇尼克指出，美国和全球政府债务及赤字的持续上升并未放缓。
BlackRock has argued alongside other Bitcoin proponents that the oldest and biggest cryptocurrency can be a hedge against governments printing money.
贝莱德与其他比特币支持者一同主张，这种最古老、规模最大的加密货币可以对冲政府印钞带来的风险。
JUST IN: $15 trillion BlackRock reports they're still bullish on Bitcoin despite the -50% decline from its all time high
最新消息：管理着15万亿美元资产的贝莱德报告称，尽管比特币从历史高点下跌了50%，他们仍对其持乐观态度。
"bitcoin’s core investment case as an important emerging global monetary alternative and unique portfolio diversifier remains unchanged." pic.twitter.com/lL2tWQ6iZr
“比特币作为重要的新兴全球货币替代品和独特投资组合分散工具的核心投资逻辑保持不变。” pic.twitter.com/lL2tWQ6iZr
— Bitcoin Magazine (@BitcoinMagazine) August 18, 2026
— 比特币杂志 (@BitcoinMagazine) 2026年8月18日
Noting that there was seemingly no way governments could not debase their currencies, the report added: “With no credible path for consolidation on the horizon, these fiscal dynamics reinforce the strategic case for assets with supply constraints beyond the discretion of central banks, governed by geology in the case of gold and mathematics and code in the case of bitcoin.”
报告指出，政府似乎无法避免货币贬值，并补充道：“在可预见的未来，没有可靠的财政整顿路径，这些财政动态强化了具有供应限制的资产的战略价值，这些资产不受央行自由裁量权控制，黄金受地质规律约束，而比特币则受数学和代码规则约束。”
The Wall Street titan added that bitcoin’s price has consistently been volatile during its 17-year history, but investors shouldn’t be put off.
这家华尔街巨头还表示，比特币在其17年的历史中价格一直波动剧烈，但投资者不应因此却步。
“And while bitcoin remains inherently volatile, its volatility has trended lower over the past decade as market structure has matured, supported by the growth of derivatives markets and the expansion of and exchange-traded products,” the report noted.
报告指出：“尽管比特币本质上仍具有波动性，但随着市场结构的成熟，其波动性在过去十年中呈下降趋势，这得益于衍生品市场的增长和交易所交易产品的扩展。”
The report continued by saying that the asset still deserves a spot in investors’ portfolios for uncorrelated returns.
报告继续表示，该资产仍应在投资者投资组合中占有一席之地，以获取不相关的回报。
Wall Street’s top regulator, the SEC, approved BlackRock’s iShares Bitcoin Trust in January 2024.
华尔街最高监管机构美国证券交易委员会于2024年1月批准了贝莱德的iShares比特币信托。
Of all the Bitcoin ETFs, BlackRock’s product has been the most successful, attracting the most investment and trading volume.
在所有比特币ETF中，贝莱德的产品最为成功，吸引了最多的投资和交易量。
BlackRock has previously said that Bitcoin is in an asset class of its own, and that investors are buying it to hedge against any potential debt crises.
贝莱德此前曾表示，比特币属于一个独立的资产类别，投资者购买它是为了对冲任何潜在的债务危机。
Bitcoin’s price recently stood at $64,713, up by nearly 2% over the past day but flat over a 30-day period. Year-to-date, the asset is down 27% and has shed nearly half of its value since its all-time high last year of $126,080.
比特币价格近期报64,713美元，过去一天上涨近2%，但30天内基本持平。年初至今，该资产下跌27%，自去年创下的历史高点126,080美元以来，价值已缩水近一半。
This post Bitcoin Is Down but Asset’s Role as Global Monetary Alternative Remains, Says Blackrock first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.
这篇文章《比特币下跌，但资产作为全球货币替代品的角色依然存在，贝莱德表示》首次出现在《比特币杂志》上，由马修·迪·萨尔沃撰写。
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