The cryptocurrency market is experiencing significant volatility, largely attributed to trader reactions to recent tariffs and President Trump's proposed Bitcoin Reserve order. Bitcoin has declined by 4.8% to $81,729, while Ethereum suffered a more substantial drop of 8%, trading near $2,000. Dogecoin experienced the most significant downturn among the top ten cryptocurrencies, falling 13% to $0.16.

加密貨幣市場正經歷著明顯的波動性，這主要歸因於交易員對最近的關稅和特朗普總統提議的比特幣儲備令的反應。 比特幣的下降了4.8％，至81,729美元，而以太坊的下降了8％，交易價格接近2,000美元。 Dogecoin在十大加密貨幣中經歷了最重要的衰退，下降了13％至0.16美元。

Despite the initial hype surrounding Trump's executive order, the market's response has been negative. QCP Analysts suggest this is due to the lack of a defined budget for Bitcoin acquisitions, creating investor uncertainty.

儘管最初圍繞特朗普的行政命令進行了炒作，但市場的反應是負面的。 QCP分析師認為，這是由於缺乏對比特幣收購預算的預算，從而造成了投資者的不確定性。

Market Downturn and Liquidations

市場低迷和清算

The current market downturn has resulted in substantial liquidations, exceeding $334 million in the last 24 hours and impacting over 109,704 traders. Bitcoin, Ethereum, and XRP led the sell-off. Long positions suffered the most significant losses. Bitcoin saw $186.35 million in liquidations, with long traders losing $123.21 million. Ethereum followed with $40.84 million, and XRP recorded $7.3 million in losses. Other altcoins, including Solana (SOL), Cardano (ADA), Dogecoin (DOGE), Sui (SUI), and Litecoin (LTC), also experienced considerable sell-offs, contributing to market instability.

當前的市場低迷導致了大量清算，在過去的24小時內超過了3.34億美元，影響了109,704家交易員。 比特幣，以太坊和XRP領導了拋售。 長位置遭受了最重大的損失。 比特幣的清算幣有1.8635億美元，長交易員損失了1.2321億美元。以太坊持續了4084萬美元，XRP記錄了730萬美元的損失。 其他AltCoins，包括Solana（Sol），Cardano（ADA），Dogecoin（Doge），Sui（Sui）和Litecoin（LTC），也經歷了相當大的拋售，這有助於市場不穩定。

Recent Price Movements and Analysis

最近的價格變動和分析

Bitcoin has decreased by 3% in the last 24 hours, currently trading at $86,409. While showing a 1.9% increase over the past week, the overall market sentiment remains weak, with trading volume down 24.63%. Ethereum is struggling to maintain key support levels, facing a potential drop below $2,000. Analyst Ali Martinez warns that a breach of $2,114 could lead to a test of $1,250 in the coming weeks. XRP is also under pressure, falling 7.31% in the last 24 hours to $2.36. The uncertainty surrounding the proposed crypto reserve plan continues to fuel market volatility.

在過去的24小時內，比特幣下降了3％，目前的交易價格為86,409美元。在過去一周中顯示1.9％的增長1.9％，但總體市場情緒仍然疲軟，交易量下降了24.63％。以太坊正在努力維持關鍵支持水平，面臨低於2,000美元的潛在下降。分析師阿里·馬丁內斯（Ali Martinez）警告說，違反2,114美元的違反可能會導致未來幾週的$ 1,250測試。 XRP也處於壓力下，在過去24小時內下降了7.31％，至2.36美元。 擬議的加密儲備計劃圍繞的不確定性繼續助長市場波動。

Pushback Against Crypto Reserve Plan

反對加密儲備計劃的推動力

Trump's proposal to include ADA, XRP, and SOL in the U.S. Strategic Reserve has faced considerable pushback. Prominent figures like Coinbase CEO Brian Armstrong and Real Vision's Raoul Pal advocate for Bitcoin as the primary reserve asset. Armstrong argues that Bitcoin's characteristics make it the most suitable choice.

特朗普在美國戰略儲備中包括ADA，XRP和SOL在內的提議面臨著相當大的推動力。 Coinbase首席執行官Brian Armstrong和Real Vision的Raoul Pal倡導比特幣等著名人物作為主要儲備。 阿姆斯特朗認為，比特幣的特徵使其成為最合適的選擇。