Fluctuating Crypto Market: Altcoins Dip Amidst Fed Interest Rate Decision

加密市場的波動：在您的利率決策中傾斜

Since January 18, the altcoin market has experienced a significant decline of 7.49%. Within the past 24 hours, most of the top ten altcoins have exhibited negative performances: Ethereum (-1.4%), Solana (-1.6%), BNB (-0.5%), Dogecoin (-0.7%), and Cardano (-1.3%).

自1月18日以來，Altcoin市場的顯著下降了7.49％。在過去的24小時內，前十名Altcoins中的大多數表現出負面表現：以太坊（-1.4％），Solana（-1.6％），BNB（-0.5％），Dogecoin（-0.7％）和Cardano （-1.3 ％）。

Bitcoin's Bullish Outlook

比特幣的看法

Contrarily, the Bitcoin market has demonstrated a bullish trend during this period. It is noteworthy that the US Federal Reserve is poised to announce its interest rate decision within the next 24 hours.

相反，在此期間，比特幣市場表現出了看漲的趨勢。值得注意的是，美國美聯儲準備在接下來的24小時內宣布其利率決定。

Altcoin Decline and Fed Interest Rate Expectations

山寨幣下降並提高利率期望

According to crypto market expert Michael van de Poppe, the recent altcoin market crash stems from the likelihood of no interest rate cuts.

據加密市場專家邁克爾·范德·波普（Michael Van de Poppe）稱，最近的替代幣市場崩潰是由於沒有降低利率的可能性。

Market Behavior Prior to Fed Meeting

美聯儲會議之前的市場行為

At the beginning of January, the altcoin market's total market capitalization reached $1.33 trillion. It peaked at $1.49 trillion on January 6. However, a sharp correction ensued between January 7 and 9, resulting in a 10.73% decline. Despite a subsequent 4.13% single-day growth that surpassed January 6's closing price, the market has experienced a steady decline since January 18.

1月初，Altcoin市場的總市值達到1.33萬億美元。它在1月6日達到了1.49萬億美元的峰值。但是，1月7日至9日之間進行了急劇的更正，導致下降了10.73％。儘管隨後的4.13％的單日增長超過了1月6日的收盤價，但自1月18日以來，該市場一直在下降。

Fed Meeting and Market Reaction

美聯儲和市場反應

The US Federal Reserve's interest rate decision is scheduled for tomorrow. The consensus predicts that the Fed will maintain the interest rate within the range of 4.25%-4.5%. In December, the Fed initiated a rate cut of 0.25%, hinting at a potential pause in the rate cut cycle.

美國美聯儲的利率決定定於明天。共識預測，美聯儲將維持利率在4.25％-4.5％的範圍內。 12月，美聯儲開始降低0.25％的速度，暗示了降低速度週期的潛在停頓。

In a recent tweet, Michael van de Poppe suggests that the absence of rate cuts is primarily responsible for the altcoin crash.

在最近的一條推文中，邁克爾·范德·波普（Michael van de Poppe）認為，降低稅率的缺失主要是altcoin崩潰的原因。

Potential for Altcoin Recovery

山寨幣恢復的潛力

Crypto expert Poppe observes that if the US Fed signals future rate cuts, the altcoin market could experience a rebound.

加密專家Poppe觀察到，如果美國美聯儲表示未來降低稅率，那麼Altcoin市場就會經歷反彈。

Alternative Market Trends

替代市場趨勢

Meanwhile, NVIDIA Corp. is attempting to regain lost ground after a recent sharp decline. In the last 24 hours alone, its market has surged by 8.93%.

同時，Nvidia Corp.試圖在最近的急劇下降後重新獲得失落的地面。僅在過去的24小時內，其市場就飆升了8.93％。

Bitcoin, in the last 30 days, has achieved a 9.9% growth, indicating promising prospects for its future.

在過去的30天中，比特幣的增長率為9.9％，表明其未來有希望的前景。

Market Volatility and Fed Decision

市場波動和美聯儲決定

The crypto market remains volatile in anticipation of the US Fed's interest rate decision. While Bitcoin and NVIDIA show resilience, altcoins face challenges due to expectations of no rate cuts. If the Fed hints at future cuts, however, altcoins could witness a resurgence.

由於預期美國美聯儲的利率決策，加密市場仍然波動。儘管比特幣和NVIDIA表現出韌性，但由於預期沒有降低費用，Altcoins面臨挑戰。但是，如果美聯儲暗示未來的削減，那麼Altcoins可能會目睹復興。