比特币为什么暴跌20%呢！以美元计价的东西都会开始暴跌，主要原因就是中美贸易战，如果中美脱钩，那么可能美元就变成了一张废纸

Core Insights - Recent market volatility, particularly a 20% drop in Bitcoin, may be influenced by broader geopolitical tensions, specifically U.S.-China relations [1][3] - The trade war has escalated beyond mere rhetoric, with significant declines in import and export figures between the two nations, impacting global supply chains [3] - The Federal Reserve's signals of weakening interest rate hikes have not alleviated market risk aversion, raising concerns about the dollar's value in the context of potential economic decoupling [3][5] Market Dynamics - Bitcoin's price has seen significant fluctuations, dropping from approximately $68,000 in mid-June to over $54,000 by the end of the month, correlating with trade war developments [5] - The People's Bank of China's data indicates a 29% year-on-year increase in cross-border payments in RMB, suggesting a shift towards local currency transactions amid current international conditions [6] - The tightening of U.S. monetary policy is leading to a reduction in global risk capital, disproportionately affecting high-volatility assets like cryptocurrencies [6] Currency Implications - The dollar's dominance in global forex trading, currently at 88%, could be challenged if major economies begin to bypass dollar transactions, potentially impacting cryptocurrency prices [8] - The interconnectedness of various asset classes means that fluctuations in the dollar's stability can have widespread effects on perceived asset values, including cryptocurrencies [8][10] - Ongoing economic friction between the U.S. and China may lead to further volatility in the cryptocurrency market, as local currency systems gain traction [10]