Bitcoin and Ethereum Prices Tumble Amid Economic Concerns
由於經濟擔憂,比特幣和以太幣價格暴跌
This week saw a notable decline in Bitcoin (BTC) and Ethereum (ETH), with Bitcoin falling 5% to $95,400 after briefly surpassing the $100,000 mark. Ethereum experienced a more substantial setback, plunging 8.5% in 24 hours, struggling to remain above $3,300. Other cryptocurrencies, such as Dogecoin (DOGE) and Avalanche (AVAX), also faced losses exceeding 10%.
本週,比特幣 (BTC) 和以太幣 (ETH) 顯著下跌,比特幣在短暫突破 10 萬美元大關後下跌 5%,至 95,400 美元。以太坊經歷了更大幅度的挫敗,24 小時內暴跌 8.5%,努力維持在 3,300 美元上方。其他加密貨幣,如狗狗幣 (DOGE) 和雪崩 (AVAX) 也面臨超過 10% 的損失。
Market Influencers
市場影響者
Initial market optimism had temporarily boosted Bitcoin and Ethereum prices. However, disappointing economic indicators from the United States ignited a sell-off in both cryptocurrency and traditional markets, according to Min Jung of Presto Research. Jung noted that the NASDAQ and S&P 500 also declined by over 1%, indicating broader economic concerns.
最初的市場樂觀情緒暫時提振了比特幣和以太坊的價格。然而,Presto Research 的 Min Jung 表示,美國令人失望的經濟指標引發了加密貨幣和傳統市場的拋售。 Jung 指出,納斯達克指數和標準普爾 500 指數也下跌了 1% 以上,顯示對更廣泛的經濟問題的擔憂。
Political Landscape and Cryptocurrency
政治格局與加密貨幣
With Donald Trump's inauguration scheduled for January 20, market fluctuations are expected to continue. Analysts, such as Rachael Lucas of BTC Markets, emphasize that the new administration's cryptocurrency policies will come under scrutiny, particularly with a pro-crypto Congress and Scott Bessent's appointment as Treasury Secretary. Elon Musk's advisory role is also likely to play a significant part.
由於唐納德·川普定於 1 月 20 日就職,預計市場波動將持續。 BTC Markets 的 Rachael Lucas 等分析師強調,新政府的加密貨幣政策將受到嚴格審查,特別是在支持加密貨幣的國會和 Scott Bessent 被任命為財政部長的情況下。伊隆馬斯克的顧問角色也可能發揮重要作用。
Key Drivers of Price Changes
價格變動的主要驅動因素
- Bitcoin fell 5% to $95,400.
- Ethereum declined 8.5%, struggling below $3,300.
- Dogecoin and Avalanche reported losses over 10%.
- US economic data raised inflation concerns and bond yields.
- The Fed is likely to maintain high interest rates, increasing market volatility.
Upcoming Economic Data
比特幣大跌5%,至95,400 美元。利率,加劇市場波動。
Upcoming economic reports, specifically the Consumer Price Index (CPI) data scheduled for January 15, will provide insights into the Federal Reserve's monetary policy and inflation. Additionally, the non-farm payroll figures and Fed meeting minutes are anticipated to be crucial for future market movements.
即將發布的經濟報告,特別是定於 1 月 15 日發布的消費者物價指數 (CPI) 數據,將提供有關聯準會貨幣政策和通膨的見解。此外,非農就業數據和聯準會會議紀要預計對未來市場走勢至關重要。