Cryptocurrency Market Endures Price Challenges

加密貨幣市場面臨價格挑戰

The cryptocurrency market has been grappling with hurdles as prices decline. Despite positive inflation news, the announcement of the FED's interest rate decision led to a Bitcoin price drop from $70,000 to $58,500. While the price hovers above $60,000, analysts predict a potential fall to $54,000.

隨著價格下跌，加密貨幣市場一直在努力克服障礙。儘管有積極的通膨消息，但聯準會利率決定的宣布導致比特幣價格從 70,000 美元跌至 58,500 美元。雖然價格徘徊在 60,000 美元以上，但分析師預測可能會跌至 54,000 美元。

Meme Coin Performance

Meme 幣表現

Meme coins like BONK, PEPE, SHIB, and Ethereum have also been affected.

BONK、PEPE、SHIB 和以太坊等迷因幣也受到了影響。

BONK Coin

邦克幣

BONK, a notable meme coin on the Solana network, has seen a 6.32% decline in the last 24 hours. Its price currently stands at $0.00002274, showing a 13% weekly increase but a significant 43% monthly loss. Market cap has dropped to $1.55 billion, and 24-hour trading volume has decreased by 36% to $178 million.

BONK 是 Solana 網路上著名的迷因幣，在過去 24 小時內下跌了 6.32%。目前其價格為 0.00002274 美元，每週上漲 13%，但每月大幅下跌 43%。市值已跌至 15.5 億美元，24 小時交易量下降 36% 至 1.78 億美元。

Pepe Coin

佩佩幣

PEPE emerged as a surprise in 2023, significantly impacting the Ethereum network. After a 6% drop in the last day, PEPE trades at $0.00001162. Its market cap has declined to $4.890 billion, and trading volume has fallen below $500 million.

PEPE 在 2023 年出人意料地出現，對以太坊網路產生了重大影響。在最後一天下跌 6% 後，PEPE 交易價格為 0.00001162 美元。其市值已跌至48.9億美元，交易量已跌至5億美元以下。

Ethereum

以太坊

Ethereum, the second-largest cryptocurrency by market cap, has been a point of discussion since late May. Despite a recent 0.55% gain, its price remains below $2,900. However, market cap holds steady at $407 billion, indicating defense of the $400 billion mark. 24-hour trading volume has increased by 5.39% to $12.6 billion. Speculation persists that the approval of spot ETFs next week could trigger substantial price movements similar to those observed with Bitcoin.

以太坊是按市值計算的第二大加密貨幣，自 5 月底以來一直是討論的焦點。儘管最近上漲了 0.55%，但其價格仍低於 2,900 美元。然而，市值穩定在 4,070 億美元，顯示正在守住 4,000 億美元大關。 24小時交易量成長5.39%至126億美元。人們持續猜測，下週現貨 ETF 的批准可能會引發類似比特幣的大幅價格波動。