Led by Bitcoin (BTC), altcoins experienced a major decline, plunging the cryptocurrency market into turmoil.

在比特幣（BTC）的帶領下，山寨幣經歷了重大下降，使加密貨幣市場陷入了動盪。

According to Coinglass data, liquidations exceeding $2 billion occurred over the past 24 hours, eclipsing those witnessed during the COVID-19 and FTX crises.

根據COINGLASS數據，過去24小時內發生了超過20億美元的清算，使Covid-19和FTX危機期間見證的清算黯然失色。

Despite the sharp sell-off, investors remain concerned about Bitcoin's potential to fall further. Options data from the cryptocurrency exchange Derive indicates an increasing probability of Bitcoin reaching $75,000 by March 28th.

儘管拋售了敏銳的拋售，但投資者仍然擔心比特幣有可能進一步下降的潛力。來自加密貨幣交換的期權數據得出的數據表明，到3月28日，比特幣達到75,000美元的可能性增加。

Derive analysts attribute this rise in probability to recent tariffs imposed by the US on Canada, Mexico, and China, which could exacerbate inflation and dent sentiment toward the cryptocurrency market.

得出分析師將這種概率的增加歸因於美國對加拿大，墨西哥和中國的最新關稅，這可能加劇通貨膨脹和對加密貨幣市場的情感。

“Trump's recent tariffs, including a 25% surtax on imports from Mexico and Canada and a 10% surtax on Chinese goods, are likely to increase inflation,” said Derive analysts. “This could undermine investor confidence in cryptocurrency markets. However, we are also seeing a number of active spot ETF applications from major players like Bitwise and Grayscale for assets like Dogecoin (DOGE), Solana (SOL), XRP, and Litecoin (LTC). If the SEC approves these, it will signal more legitimacy for the digital asset sector and trigger more capital inflows, potentially pushing prices higher.”

Derive分析師說：“特朗普最近的關稅，包括從墨西哥和加拿大進口的25％的Surtax，以及中國商品的10％Surtax可能會增加通貨膨脹。” “這可能會破壞投資者對加密貨幣市場的信心。但是，我們還看到了來自Bitwise和Grayscale等主要參與者的許多活躍的ETF應用程序，例如Dogecoin（Doge），Solana（Soland）（Sol），XRP和Litecoin（LTC）等資產。如果SEC批准這些，它將標誌著數字資產行業的更多合法性，並觸發更多的資本流入，並可能提高價格。”

Former BitMEX CEO Arthur Hayes recently predicted that BTC would first drop to around $75,000 before initiating a larger bull run.

Bitmex前首席執行官Arthur Hayes最近預測，BTC在發起更大的公牛之前首先會跌至75,000美元左右。

Caution: This information does not constitute investment advice.

注意：此信息不構成投資建議。