The Dogecoin (DOGE) price is down double-digits today after an eventful week of upward movement.
狗狗幣(DOGE)的價格在經歷了一周的上漲之後,今天下跌了兩位數。
This has seen a good part of its gains eliminated in the last day, pushing the coin into the red along with the rest of the market.
這導致其最後一天的大部分漲幅被抵消,導致代幣與市場其他產品一起陷入虧損。
Why Dogecoin (DOGE) Price Is Down This Week
為什麼狗狗幣(DOGE)價格本週下跌
Dogecoin started out Tuesday on a sour note, dropping more than 10% in the 24-hour period as well.
狗狗幣週二開盤表現不佳,24 小時內也下跌了 10% 以上。
This decline is not attributed to a single thing that happened to DOGE, though, but rather a market-wide decline that began with Bitcoin.
不過,這種下跌並不是 DOGE 發生的任何事情造成的,而是始於比特幣的整個市場的下跌。
Following the release of the March manufacturing data in the US, the market responded negatively.
美國3月製造業數據公佈後,市場反應消極。
The report shows that while manufacturing in the country had actually increased for the first time in two years, there wasn’t an increase in employment at these factories. In addition, prices were also higher, thus triggering a negative reaction.
報告顯示,雖然該國的製造業實際上兩年來首次成長,但這些工廠的就業人數並沒有增加。此外,價格也走高,引發負面反應。
See Also: Fetch.ai (FET) Analysis: What’s Next for Price After All-Time High?
另請參閱:Fetch.ai (FET) 分析:價格創歷史新高後下一步是什麼?
The Bitcoin price declined around 5% off this report and as expected, altcoins suffered even more for this.
比特幣價格較本報告下跌約 5%,正如預期的那樣,山寨幣因此遭受的損失更大。
BTC went below $66,000 and is now finding its footing at this level. However, DOGE’s price fell 10% before finding support above $0.18.
BTC 跌破 66,000 美元,目前正在該水平站穩腳跟。然而,DOGE 的價格下跌了 10%,之後才找到 0.18 美元上方的支撐。
Naturally, Dogecoin is just responding to Bitcoin, which is the market leader. So in this case, an increase in the Bitcoin price would see the DOGE price recover, and a decrease would ensure that the current market crash continues.
當然,狗狗幣只是對市場領導者比特幣的回應。因此,在這種情況下,比特幣價格的上漲將使 DOGE 價格回升,而比特幣價格的下跌將確保當前的市場崩盤繼續下去。
DOGE Price Movements This Week
本週 DOGE 價格走勢
Dogecoin had moved around 10% in the prior day to reach a new three-year high above $0.22.
狗狗幣前一日上漲約 10%,達到 0.22 美元以上的三年新高。
The initial Dogecoin move upward had been triggered by excitement around Elon Musk’s X (formerly Twitter) finally integrating the meme coin as a payment method on the platform.
狗狗幣最初的上漲是由馬斯克的 X(前身為 Twitter)最終將模因幣作為平台上的支付方式整合的興奮所引發的。
The social media company had secured additional money transmitter licenses in the United States, sparking speculation of DOGE payments on X coming soon.
這家社群媒體公司已在美國獲得了額外的貨幣傳輸許可證,引發了人們對 X 即將推出 DOGE 支付的猜測。
This, coupled with the expectation that Musk could begin tweeting about DOGE once more, saw its price soar higher.
再加上馬斯克可能會再次發布有關 DOGE 的推文的預期,導致其價格飆升。
Also, the announcement that Coinbase, the largest crypto exchange in the United States, would be launching a perpetual trading contract for DOGE contributed to this upward move. This saw the Dogecoin open interest rise to a new record high of $1.77 billion, signaling high interest in the meme coin.
此外,美國最大的加密貨幣交易所 Coinbase 宣布將推出 DOGE 永續交易合約也推動了這項上漲。這使得狗狗幣的未平倉合約升至 17.7 億美元的新紀錄高位,顯示人們對這種迷因幣的興趣很高。
See Also: Indicators Show Render (RNDR) Price May Lose Its $10 Support
另請參閱:指標顯示渲染 (RNDR) 價格可能會失去 10 美元的支撐
Despite the crash in the market, bullish sentiment remains nonetheless, especially around Dogecoin.
儘管市場暴跌,但看漲情緒仍然存在,尤其是圍繞著狗狗幣。
Crypto Analyst Ali Martinez predicts that the Dogecoin price will continue to rise, even putting it as high as $12 as the bull market unfolds.
加密貨幣分析師 Ali Martinez 預測,隨著牛市的展開,狗狗幣的價格將繼續上漲,甚至高達 12 美元。
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The post Why Is Dogecoin (DOGE) Price Crashing Down? appeared first on BitcoinWorld.
貼文 為什麼狗狗幣(DOGE)價格暴跌?首先出現在比特幣世界。