Cryptocurrency prices have continued to decline, with major coins losing significant value in the past 24 hours.

加密貨幣價格繼續下跌，在過去的24小時內，主要硬幣損失了顯著的價值。

Solana (SOL) has fallen by 14%, bringing its losses over the past seven days to more than 20%. Dogecoin (DOGE), XRP, and Ethereum (ETH) have all declined by more than 8%. Bitcoin has lost the $92,000 level, a potential sign of further weakness.

Solana（Sol）下降了14％，在過去的7天中損失至20％以上。 Dogecoin（Doge），XRP和以太坊（ETH）都下降了8％以上。比特幣失去了92,000美元的水平，這是進一步疲軟的潛在跡象。

Overall, the cryptocurrency market capitalization has dropped by 6.6%. The CoinDesk 20 (CD20) index, which tracks the largest coins, has fallen by more than 7%.

總體而言，加密貨幣市值下降了6.6％。跟踪最大硬幣的Coindesk 20（CD20）指數下降了7％以上。

Traders are citing a lack of positive catalysts and bearish sentiment as reasons for the decline. However, some experts believe the market may be overreacting.

交易者認為缺乏積極的催化劑和看跌感情是衰落的原因。但是，一些專家認為市場可能反應過度。

Jeff Mei, COO of crypto exchange BTSE, said that key macroeconomic decisions will be crucial for supporting market growth. He noted that concerns about inflation and a pause in Federal Reserve rate cuts have weighed on markets, but weak economic data could lead to further action by the Fed.

Crypto Exchange BTSE的首席運營官Jeff Mei表示，關鍵的宏觀經濟決定對於支持市場增長至關重要。他指出，人們對通貨膨脹和降低美聯儲削減稅率的擔憂對市場產生了影響，但疲軟的經濟數據可能會導緻美聯儲的進一步行動。

Augustine Fan, head of insights at SignalPlus, said that the narrative of a slowdown is likely to continue in the near term, with stocks and bonds trading in tandem. He believes that markets are refocusing on the possibility of Fed easing, which could provide tailwinds for both gold and Bitcoin in the future.

SignalPlus的見解負責人奧古斯丁·範（Augustine Fan）表示，速度放緩的敘述很可能會在短期內繼續進行，股票和債券的交易同時進行。他認為，市場正在重新集中於餵養緩解的可能性，這可能在未來為黃金和比特幣提供逆風。

Data released earlier this month showed that the Consumer Price Index (CPI) surged by 0.5% month-over-month in January, leading investors to prefer cash positions or risk-off bets. Changes in CPI readings tend to impact cryptocurrencies, as investors view them as a hedge against inflation.

本月早些時候發布的數據顯示，消費者價格指數（CPI）在1月份飆升了0.5％，使投資者更喜歡現金頭寸或冒險賭注。 CPI讀數的變化往往會影響加密貨幣，因為投資者將其視為抵制通貨膨脹的對沖。