The prices of both Shiba Inu and Dogecoin fell double-digits on Friday after Bitcoin dropped below $67,000. This decline has seen both meme coins lose their gains for the last few days, triggering losses for investors and traders alike. But what was the cause of the crash?

週五，在比特幣跌破 67,000 美元後，柴犬和狗狗幣的價格均下跌兩位數。這種下跌導致這兩種迷因幣失去了過去幾天的漲幅，引發了投資者和交易者的損失。但事故發生的原因是什麼？

Dogecoin, Shiba Inu Follow Bitcoin

The price eras experienced by Dogecoin and Shiba Inu on Friday have less to do with a particular development for the assets themselves and more to do with Bitcoin. Bitcoin, which had seen a massive rally from $15,000 to $73,000, experienced a correction and dipped as low as $65,700 on Friday.

狗狗幣和柴犬關注比特幣狗狗幣和柴犬週五經歷的價格時代與資產本身的特定發展關係不大，而與比特幣關係更大。比特幣從 15,000 美元大幅上漲至 73,000 美元，但周五經歷了回檔並跌至 65,700 美元。

Given that Bitcoin is the market leader and the price action of altcoins often mirrors it, leading to a similar price crash among coins such as Shiba Inu and dogecoin. While Bitcoin fell around 9%, the impact of the crash was much more pronounced on the altcoins.

相關閱讀：馬斯克打破沉默，談論特斯拉何時接受狗狗幣支付鑑於比特幣是市場領導者，而山寨幣的價格走勢往往反映了這一點，導致柴犬和狗狗幣等代幣出現類似的價格暴跌。雖然比特幣下跌了 9% 左右，但崩盤對山寨幣的影響更為明顯。

Dogecoin, for one, saw a 14% crash, with its price dropping from $0.18 to as low as $0.16. In a similar fashion, the Shiba Inu price fell a bit further than Dogecoin with an almost 15% decrease in price to bring its blow $0.0000129.

例如，狗狗幣暴跌 14%，價格從 0.18 美元跌至 0.16 美元。以類似的方式，柴犬價格比狗狗幣跌幅更大，跌幅近 15%，跌幅為 0.0000129 美元。

Despite this crash, Dogecoin was able to retain its position as the 9th-largest cryptocurrency by market cap. However, Shiba Inu has been kicked out of the top 10 cryptocurrencies by market cap after its decline sent its market cap to $17 billion, putting it behind Avalanche (AVAX) with a market cap of $19.3 billion.

儘管發生了這次崩盤，狗狗幣仍然保持了市值第九大加密貨幣的地位。然而，由於柴犬的下跌導致其市值達到 170 億美元，落後於市值 193 億美元的 Avalanche (AVAX)，因此被踢出了市值排名前 10 的加密貨幣。

Bitcoin Crash Triggers $812 Million In Liquidations

The price crash has washed out a significant amount of long positions in the last 24 hours as liquidations cross $800 million. As expected, Bitcoin liquidations have accounted for a large amount of these positions, but altcoin positions have not been left out.

比特幣崩盤引發 8.12 億美元清算 在過去 24 小時內，價格崩盤沖掉了大量多頭頭寸，清算金額突破 8 億美元。正如預期的那樣，比特幣清算佔據了這些頭寸的很大一部分，但山寨幣頭寸也沒有被排除在外。

According to data from Coinglass, Bitcoin liquidations reached $279 million, while Ethereum liquidations were $137 million, with Solana accounting for $41.59 million. Then, moving on to Dogecoin and Shiba Inu, both of these meme coins saw almost $30 million in liquidations among them.

相關閱讀：Ripple執行長透露唯一能保證XRP成功的因素根據Coinglass的數據，比特幣清算額達2.79億美元，而以太坊清算額為1.37億美元，其中Solana佔4159萬美元。然後，轉向狗狗幣和柴犬幣，這兩種迷因幣的清算額接近 3000 萬美元。

In total, over 248,000 traders were liquidated, with the largest single liquidation event happening on the BTC-USDT-SWAP pair on the OKX exchange. The vast majority of the liquidations are understandably longs which account for 82.43% of the total liquidations.

總共有超過 248,000 名交易者被清算，其中最大的單次清算事件發生在 OKX 交易所的 BTC-USDT-SWAP 貨幣對上。可以理解的是，絕大多數強平都是多頭，佔總強平的82.43%。

At the time of writing, the Dogecoin price is sitting at $0.1605 with a 7-day decline of 4.12%, and the Shiba Inu price is sitting at $0.00002892 with a 7-day decline of 15.39%, according to data from CoinMarketCap.

根據 CoinMarketCap 的數據，截至撰寫本文時，狗狗幣價格為 0.1605 美元，7 天跌幅為 4.12%；柴犬價格為 0.00002892 美元，7 天跌幅為 15.39%。

SHIB price recovers after dip | Source: SHIBUSDT on Tradingview.com

SHIB價格下跌後回升|資料來源：Tradingview.com 上的 SHIBUSDT 特色圖片來自 CoinDCX，圖表來自 Tradingview.com