Cover image via U.Today

封面圖片來自 U.Today

Major altcoins are enduring a significant decline, losing over 5% of their value within the past 24 hours.

主要山寨幣正在經歷大幅下跌，在過去 24 小時內損失了超過 5% 的價值。

Solana (SOL) has experienced a drop of more than 5% in the last 24 hours, according to CoinGecko data, becoming the most affected among the top 10 cryptocurrencies. Dogecoin (DOGE) has decreased by 4.6%, while Cardano (ADA) and Shiba Inu (SHIB) have witnessed declines of 3.2% and 4%, respectively.

根據 CoinGecko 數據，Solana (SOL) 在過去 24 小時內跌幅超過 5%，成為十大加密貨幣中受影響最嚴重的。狗狗幣 (DOGE) 下跌 4.6%，卡爾達諾 (ADA) 和柴犬 (SHIB) 分別下跌 3.2% 和 4%。

XRP, the token affiliated with Ripple, has also fallen by 3% during the same period. As per the 100eyesCrypto indicator, the token is currently approaching horizontal support.

Ripple 旗下的代幣 XRP 同期也下跌了 3%。根據 100eyesCrypto 指標，該代幣目前正在接近水平支撐位。

Bitcoin Dominance Surpasses 55%

比特幣主導地位超過 55%

Bitcoin is currently trading below the $61,000 mark, with a decline of only 0.1%. Simultaneously, Bitcoin dominance has risen above the 55% level once more, after reaching a peak of nearly 57% in April.

比特幣目前交易價格低於 61,000 美元大關，跌幅僅 0.1%。同時，在 4 月達到近 57% 的峰值後，比特幣的主導地位再次升至 55% 以上。

Ethereum (ETH) is underperforming Bitcoin (BTC), with a drop of over 1%.

以太幣（ETH）的表現落後於比特幣（BTC），跌幅超過 1%。

Focus on CPI Data

關注CPI數據

The cryptocurrency market remains in a state of stagnation due to the absence of a clear bullish catalyst to drive prices higher. However, the upcoming CPI data, scheduled for release on Wednesday, could potentially provide the necessary impetus, setting the stage for volatility in the week ahead.

由於缺乏明顯的看漲催化劑來推動價格走高，加密貨幣市場仍處於停滯狀態。然而，定於週三發布的消費者物價指數數據可能會提供必要的推動力，為未來一周的波動奠定基礎。

Lower-than-expected inflation is likely to stimulate price increases, encouraging the U.S. Federal Reserve to consider interest rate cuts. Conversely, a disappointing CPI reading could negatively impact the market.

低於預期的通膨可能會刺激物價上漲，從而鼓勵聯準會考慮降息。相反，令人失望的消費者物價指數可能會對市場產生負面影響。