Market Reactions: Dogecoin and Major Cryptocurrencies Suffer Losses
市場反應:狗狗幣和主要加密貨幣遭受損失
Overview
概述
The cryptocurrency market experienced a significant decline, with Dogecoin (DOGE) leading the losses. The market downturn follows the drop in Bitcoin's (BTC) value to approximately $96,000, attributed to economic data that has impacted U.S. Treasury yields.
加密貨幣市場大幅下跌,狗狗幣(DOGE)領跌。由於經濟數據影響了美國公債殖利率,比特幣 (BTC) 的價值跌至約 96,000 美元,導致市場低迷。
Declines in Major Cryptocurrencies
主要加密貨幣下跌
DOGE witnessed a 10% loss, while other major currencies also declined:
DOGE下跌10%,其他主要貨幣也下跌:
- Solana (SOL): 7%
- Cardano (ADA): 7%
- Binance Coin (BNB): 7%
- Ethereum (ETH): 7%
- Bitcoin: 5.5%
- CoinDesk 20 (CD20) index: 7.1%
Major Liquidations
Solana (SOL): 7% Cardano (ADA): 7% 幣安幣 (BNB): 7% 以太坊 (ETH): 7% 比特幣: 5.5% CoinDesk 20 (CD20) 指數: 7.1% 主要清算
The futures markets saw liquidations totaling $560 million, indicating a high level of forced position closures by exchanges.
期貨市場的清算總額達 5.6 億美元,顯示交易所強制平倉的情況很高。
Impact of U.S. Economic Data
美國經濟數據的影響
The U.S. ISM Services Index exceeded expectations, causing a rise in price payments to its highest level since 2023. Additionally, job openings in the U.S. surpassed forecasts. These developments have led to a decline in Treasury bonds and an increase in the 10-year Treasury yield to its highest level since May.
美國ISM服務業指數超出預期,導致支付價格上漲至2023年以來的最高水準。這些事態發展導致國債下跌,10年期公債殖利率升至5月以來的最高水準。
Expert Opinions
專家意見
- Vince Yang, CEO of zkLink: "The markets took a hit yesterday due to stronger-than-expected U.S. job data, reducing expectations for interest rate cuts. This is not unusual for crypto."
- QCP Capital: "We anticipate a volatile January for crypto markets, and the reinstatement of the U.S. debt ceiling could trigger market volatility."
Market Outlook
zkLink 執行長 Vince Yang:「由於美國就業數據強於預期,市場昨天受到打擊,降低了降息預期。這對加密貨幣來說並不罕見。」QCP Capital:「我們預計一月份將出現波動加密貨幣市場以及美國債務上限的恢復可能引發市場波動。
While Tuesday's decline is seen as temporary, investors and analysts are closely monitoring the impact of economic data on crypto assets. The cryptocurrency market holds the potential for recovery, and observers remain cautious about the potential long-term implications.
儘管週二的下跌被視為暫時的,但投資者和分析師正在密切關注經濟數據對加密資產的影響。加密貨幣市場具有復甦的潛力,觀察人士對其潛在的長期影響仍持謹慎態度。