Market Recap

市場回顧

As another week concludes, the crypto market has kept traders and investors on edge. Bitcoin (BTC) experienced a significant drop from the $64,000 level to a low of $59,000, raising concerns among investors. This decline is part of a broader trend of sell-offs on exchanges, causing apprehension.

又一周過去了，加密貨幣市場讓交易者和投資者感到緊張。比特幣（BTC）從 64,000 美元的水平大幅下跌至 59,000 美元的低點，引發了投資者的擔憂。這種下跌是交易所拋售更廣泛趨勢的一部分，引起了擔憂。

Meanwhile, Pepe Coin (PEPE) and Ripple's XRP have garnered considerable attention. Developments surrounding the SEC lawsuit have created a buzz, but analysts remain cautious about a bullish outlook for XRP. Major PEPE holders have been making moves, transferring large amounts of the coin, which has drawn significant investor interest.

同時，佩佩幣（PEPE）和Ripple的XRP也引起了相當大的關注。圍繞 SEC 訴訟的事態發展引起了轟動，但分析師對 XRP 的看漲前景仍持謹慎態度。 PEPE 的主要持有者一直在採取行動，轉移大量的代幣，這引起了投資者的極大興趣。

Bitcoin News Today

今日比特幣新聞

BTC faced intense volatility this week, primarily driven by large-scale Bitcoin movements to centralized exchanges (CEXs). The U.S. and German governments transferred significant amounts of Bitcoin to exchanges, fueling speculation amid market instability.

比特幣本週面臨劇烈波動，主要是由於比特幣大規模轉移到中心化交易所（CEX）所致。美國和德國政府將大量比特幣轉移到交易所，加劇了市場不穩定的投機行為。

Significant whale sell-offs also contributed to bearish market sentiments. Institutional investors shifted their focus from Bitcoin to altcoins, anticipating an impending market correction. The upcoming repayments from the troubled exchange Mt. Gox, in the form of Bitcoin and Bitcoin Cash, have added to the uncertainty surrounding Bitcoin's price.

鯨魚的大幅拋售也加劇了市場的看跌情緒。機構投資者將注意力從比特幣轉向山寨幣，預計市場即將出現調整。陷入困境的交易所 Mt. Gox 即將以比特幣和比特幣現金的形式償還款項，這增加了比特幣價格的不確定性。

On a positive note, the cooling of U.S. PCE and core PCE inflation rates has injected some optimism into the market. Despite this, the overall sentiment suggests that Bitcoin could see further declines.

從正面的角度來看，美國個人消費支出和核心個人消費支出通膨率的降溫給市場注入了一些樂觀情緒。儘管如此，整體情緒表明比特幣可能會進一步下跌。

Pepe Coin News Today

佩佩幣今日新聞

Pepe Coin (PEPE) exhibited significant volatility this week, with its price falling to $0.000011 at the time of writing. A savvy investor capitalized on PEPE's price movements, selling billions of coins for an 11-fold return, raising concerns over its potential peak. A whale transferred nearly 1 trillion PEPE to Binance, exchanging it for Ethereum in anticipation of the ETH ETF launch.

Pepe Coin (PEPE) 本週表現出大幅波動，在撰寫本文時其價格跌至 0.000011 美元。一位精明的投資者利用 PEPE 的價格走勢，出售數十億枚代幣以獲得 11 倍的回報，引發了對其潛在高峰的擔憂。一隻鯨魚將近 1 兆 PEPE 轉移到幣安，將其兌換成以太坊，以期待 ETH ETF 的推出。

XRP News Today

今日 XRP 新聞

Despite a weak price performance, analysts project an optimistic $2 price target for XRP. XRP whales purchased hundreds of millions of XRP this week, indicating potential upward movement. Ripple's president, Monica Long, discussed the ongoing Ripple vs. SEC lawsuit and the RLUSD stablecoin, fueling positive sentiment. These developments have generated a wave of optimism for XRP across the crypto industry.

儘管價格表現疲軟，但分析師預計 XRP 的目標價將樂觀為 2 美元。 XRP 鯨魚本週購買了數億 XRP，顯示潛在的上漲趨勢。 Ripple 總裁 Monica Long 討論了正在進行的 Ripple 與 SEC 訴訟以及 RLUSD 穩定幣，激發了積極情緒。這些發展在整個加密產業引發了對 XRP 的樂觀情緒。