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The crypto market’s two biggest meme coin projects, DOGE and SHIB, continued their impressive daily gains in the latest bull run. After several days of high volatility, Bitcoin finally settled down and is now trading just above the $67,000 level. This situation provided opportunities for some major high-volume altcoins to close the gap with both BNB and Ethereum reaching multi-year highs.
加密市場最大的兩個模因幣項目 DOGE 和 SHIB 在最近的牛市中繼續保持令人印象深刻的每日漲幅。經過幾天的高波動後,比特幣終於穩定下來,目前交易價格略高於 67,000 美元。這種情況為一些主要的高交易量山寨幣提供了縮小差距的機會,BNB 和以太坊都達到了多年高點。
Latest Developments on the Bitcoin Front
比特幣前沿的最新進展
Bitcoin had an extremely positive week, gaining over $10,000 in value. It paused over the previous weekend but resumed its rise on March 4th, with the community sentiment suggesting that an all-time high of $69,000 was within reach soon.
比特幣度過了極其積極的一周,價值超過 10,000 美元。它在上週末暫停,但在 3 月 4 日恢復上漲,社區情緒表明 69,000 美元的歷史高點即將達到。
Indeed, on the afternoon of March 5th, the bulls took control and initiated another impressive rally, with Bitcoin reaching a new peak of $69,300. However, the landscape changed rapidly and violently at this point. Instead of climbing further, Bitcoin encountered resistance at these levels and lost about $10,000 in value within hours, leaving billions of dollars in liquidity.
事實上,3 月 5 日下午,多頭佔據了主導地位,並引發了另一場令人印象深刻的反彈,比特幣達到了 69,300 美元的新高。然而,此時的情況卻發生了迅速而劇烈的變化。比特幣並沒有進一步攀升,而是在這些水平上遇到了阻力,並在幾個小時內損失了約 10,000 美元的價值,留下了數十億美元的流動性。
Bitcoin underwent a rapid recovery process after falling below $60,000 and returned to $67,000 by March 6th. Since then, the asset has not made any significant moves in either direction and is currently sitting just above this line. Bitcoin’s market value remains over $1.3 trillion, but its dominance over altcoins has receded to 49.2% on CoinGecko.
比特幣在跌破 6 萬美元後經歷了快速復甦過程,並於 3 月 6 日重返 67,000 美元。從那時起,該資產在任何一個方向上都沒有發生任何重大變動,目前位於該線上方。比特幣的市值仍超過 1.3 兆美元,但在 CoinGecko 上其相對於山寨幣的主導地位已回落至 49.2%。
What’s Happening in the Altcoin Market?
山寨幣市場發生了什麼事?
Ethereum, has been performing well for the past few weeks, gradually rising to nearly $4,000. The second-largest crypto asset was last at this level about two years ago. BNB, the third-largest crypto project, was in pursuit until recently, but a daily increase of 8% has driven it to its highest price tag of $470 since January 2022.
以太坊在過去幾週表現良好,逐漸上漲至近4000美元。第二大加密資產上次達到這個水準大約是在兩年前。第三大加密項目 BNB 直到最近才受到追捧,但每日 8% 的漲幅已使其價格達到 2022 年 1 月以來的最高價 470 美元。
Dogecoin recovered most of its losses on March 7th and is once again sitting above $0.16. SHIB did the same and is trading at $0.000034. BCH, ETC, ARB, and TIA are also on the rise among large-volume altcoin projects. The total crypto market value increased by over $40 billion overnight and is now approaching $2.7 trillion on CoinGecko.
狗狗幣於 3 月 7 日收復了大部分失地,並再次站上 0.16 美元上方。 SHIB 也做了同樣的事情,目前的交易價格為 0.000034 美元。 BCH、ETC、ARB、TIA也在大額山寨幣計畫中呈現上升趨勢。 CoinGecko 上的加密貨幣總市值一夜之間增加了 400 億美元以上,目前已接近 2.7 兆美元。
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