Bitcoin Drops Over Rate Cut Concerns

比特幣因降息擔心而下跌

On Monday, Bitcoin, the world's foremost cryptocurrency, plunged to an intraday low of $58,528, marking its sharpest decline since mid-April. This drop was fueled by ongoing pessimism about the Federal Reserve's ability to rapidly cut interest rates.

週一，全球最重要的加密貨幣比特幣暴跌至 58,528 美元的盤中低點，創下 4 月中旬以來的最大跌幅。對聯準會快速降息能力的持續悲觀情緒加劇了這一下降。

Fed Officials' Comments Weigh on Crypto

聯準會官員的評論對加密貨幣構成壓力

The crypto market's plunge occurred amidst doubts about the Fed's capacity to swiftly reduce interest rates from their two-decade peak. In light of the current market situation, Fed officials have recently issued crucial statements with significant implications for cryptocurrencies.

加密貨幣市場的暴跌發生在人們對聯準會是否有能力迅速降低利率從二十年來的高峰的懷疑之中。鑑於當前的市場形勢，聯準會官員最近發表了對加密貨幣具有重大影響的重要聲明。

Federal Reserve Governor Michelle Bowman stated on Tuesday that the time was not yet ripe to lower interest rates, dampening hopes for U.S. interest rate cuts. She also indicated that she would consider raising interest rates if inflation persisted.

聯準會理事米歇爾鮑曼週二表示，降息時機尚未成熟，澆熄了美國降息的希望。她也表示，如果通膨持續下去，她將考慮升息。

Fed's Outlook Impacts Stock Markets

聯準會的前景影響股市

Bowman's remarks echoed a prevailing sentiment within the central bank, with most policymakers recently expressing that, while they anticipate inflation returning to the Fed's 2% target, they require further evidence.

鮑曼的言論呼應了央行內部的普遍情緒，大多數決策者最近表示，雖然他們預計通膨將回到聯準會 2% 的目標，但他們需要進一步的證據。

Following Governor Bowman's comments, the S&P 500 and Nasdaq 100 lost their gains.

鮑曼州長發表評論後，標準普爾 500 指數和納斯達克 100 指數紛紛下跌。

Crypto Market's Response

加密貨幣市場的反應

Despite the market downturn, Bitcoin and cryptocurrencies showed a muted response, remaining largely unmoved. On Tuesday, Bitcoin rebounded above $62,000, reaching a high of $62,400.

儘管市場低迷，比特幣和加密貨幣的反應卻很冷淡，基本上沒有受到影響。週二，比特幣反彈至 62,000 美元上方，觸及 62,400 美元高點。

Other cryptocurrencies also experienced gains, with several assets posting positive figures at press time. Frog-themed cryptocurrency Pepe surged by 9%, while Dogwifhat (WIF) rose by 7.30%. Notcoin (NOT) witnessed a 13% increase within the same period.

其他加密貨幣也出現了上漲，截至發稿時，一些資產出現了正值。青蛙主題加密貨幣Pepe飆升9%，Dogwifhat (WIF)上漲7.30%。 Notcoin (NOT) 同期成長了 13%。

Bitcoin's Outlook

比特幣的前景

While slightly lower, Bitcoin has remained relatively stable over the past 24 hours, trading at $61,595 at press time, representing a 0.97% increase. Notably, Bitcoin reached a peak of $73,798 in March but has underperformed traditional investments such as stocks, bonds, and gold this quarter. The 200-day moving average, currently around $57,738, is being monitored as a potential support zone should further declines occur.

雖然略有下降，但比特幣在過去 24 小時內保持相對穩定，截至發稿時交易價格為 61,595 美元，漲幅為 0.97%。值得注意的是，比特幣在 3 月達到了 73,798 美元的峰值，但本季的表現落後於股票、債券和黃金等傳統投資。 200 天移動平均線目前約為 57,738 美元，如果進一步下跌，該移動平均線將被視為潛在的支撐區域。

Future Implications

未來的影響

In the days to come, investors and market participants will closely monitor the Fed's policy decisions and their potential impact on cryptocurrencies.

未來幾天，投資者和市場參與者將密切關注聯準會的政策決定及其對加密貨幣的潛在影響。