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commerce
shāng yè
商业
·HSK 3

tariff
guānshuì
关税
shock / blow
chōngjī
冲击
to drag down
tuōlèi
拖累
Bitcoin
Bǐtèbì
比特币
to fall below
diēpò
跌破
$68,000
liù diǎn bā wàn měiyuán
6.8万美元

affected by
shòu
global
quánqiú
全球
tariff war
guānshuìzhàn
关税战
to escalate
shēngjí
升级
impact / influence
yǐngxiǎng
影响
Bitcoin
Bǐtèbì
比特币
in
zài
early April
sì yuè chū
4月初
to fall to
diēzhì
跌至
approximately
yuē
$67,000
liù diǎn qī wàn měiyuán
6.7万美元
to set
chuàng
nearly one year
jìn yī nián
近一年
new low
xīn dī
新低
analysts
fēnxī rénshì
分析人士
to warn
jǐnggào
警告
market
shìchǎng
市场
sentiment / mood
qíngxù
情绪
extremely
jídù
极度
pessimistic
bēiguān
悲观
Bitcoin
Bǐtèbì
比特币
there exists
cúnzài
存在
further
jìn yī bù
进一步
to fall further to
xiàdiēzhì
下跌至
$60,000
liù wàn měiyuán
6万美元
below / under
yǐxià
以下
possessive particle
de
risk
fēngxiǎn
风险

April 4, 2026 at 6:30 PM

affected by
shòu
US-China
Měi Zhōng
美中
trade
màoyì
贸易
dispute
zhēngduān
争端
influence / impact
yǐngxiǎng
影响
Bitcoin
Bǐtèbì
比特币
price
jiàgé
价格
continuously
chíxù
持续
to fall / to decline
xiàdiē
下跌
early April
sì yuè chū
4月初
Bitcoin
Bǐtèbì
比特币
to fall to
diēzhì
跌至
approximately
yuē
$67,000
liù diǎn qī wàn měiyuán
6.7万美元
approaching / near
jiējìn
接近
one year
yī nián
一年
since
yǐlái
以来
possessive particle
de
lowest point
zuìdīdiǎn
最低点
analysts
fēnxī rénshì
分析人士
to warn
jǐnggào
警告
if
rúguǒ
如果
market
shìchǎng
市场
to continue
jìxù
继续
to fall
xiàdiē
下跌
Bitcoin
Bǐtèbì
比特币
possibly / may
kěnéng
可能
further
jìn yī bù
进一步
to fall below
diēpò
跌破
$60,000
liù wàn měiyuán
6万美元
since
October 2025
èr líng èr wǔ nián shí yuè
2025年10月
all-time high price
lìshǐ gāojià
历史高价
since
yǐlái
以来
entire / whole
zhěnggè
整个
cryptocurrency
jiāmì huòbì
加密货币
market
shìchǎng
市场
already
to evaporate / to lose
zhēngfā
蒸发
approximately
yuē
$800 billion
bā qiān yì měiyuán
8000亿美元
market capitalization
shìzhí
市值
market
shìchǎng
市场
panic
kǒnghuāng
恐慌
sentiment / mood
qíngxù
情绪
to rise to
shēng zhì
升至
extreme
jíduān
极端
level
shuǐpíng
水平
most / majority of
duōshù
多数
investors
tóuzīzhě
投资者
to choose
xuǎnzé
选择
to reduce holdings
jiǎnchí
减持
digital assets
shùzì zīchǎn
数字资产
previously
cǐqián
此前
Bitcoin
Bǐtèbì
比特币
once
céng
in
zài
October 2025
èr líng èr wǔ nián shí yuè
2025年10月
to set / to establish
chuàngxià
创下
approximately
yuē
$126,000
shí èr diǎn liù wàn měiyuán
12.6万美元
possessive particle
de
historical
lìshǐ
历史
highest
zuìgāo
最高
price
jiàgé
价格

News in English

Business

Bitcoin Falls Below 68,000 Dollars as Global Tariff War Deepens Crypto Selloff

Bitcoin fell to around $67,000 in early April as the global tariff war escalated, hitting a near one-year low. Analysts warn extreme pessimism in the market creates a risk of further declines below $60,000.

More in Business

United States and Iran
Měi Yī
美伊
ceasefire
tínɡhuǒ
停火
news / information
xiāoxi
消息
to come in / to arrive (news)
chuánlái
传来
international
ɡuójì
国际
oil price
yóujià
油价
May
5 yuè
5月
to drop sharply / to fall significantly
dàdiē
大跌
17 percent
17%
17%

International Oil Prices Fall 17 Percent in May on US-Iran Ceasefire Reports

Snowflake (cloud data company)
Snowflake
Snowflake
quarterly / fiscal quarter
jìdù
季度
revenue / earnings
yínɡshōu
营收
to exceed / to surpass
chāochū
超出
expectations / forecast
yùqī
预期
and / also
bìng
with
Amazon
Yàmǎxùn
亚马逊
to sign / to conclude
qiānshǔ
签署
$6 billion
60 yì měiyuán
60亿美元
agreement / deal
xiéyì
协议

Snowflake Quarterly Revenue Beats Forecasts and Signs $6 Billion Amazon Deal

China
Zhōngguó
中国
April
sì yuè
四月
industrial / industry
gōngyè
工业
profit
lìrùn
利润
to grow / growth
zēngzhǎng
增长
24.7 percent
24.7%
24.7%

China Industrial Profits Surge 24.7 Percent in April, Fastest Gain in Over Two Years

Meta (company name, formerly Facebook)
Meta
Meta
to lay off employees / layoffs
cáiyuán
裁员
8,000 people
bā qiān rén
八千人
to accelerate / to speed up
jiāsù
加速
toward / to
xiàng
artificial intelligence
réngōng zhìnéng
人工智能
business / operations
yèwù
业务
to transform / transformation
zhuǎnxíng
转型

Meta Cuts 8,000 Jobs in Sweeping Restructuring Toward AI