Altcoins Experience Significant Losses Following Bitcoin's Decline

比特币下跌后，山寨币遭受重大损失

On July 8, numerous altcoins faced a downturn, including BRETT, PEPE, WIF, and JUP, all losing over 10% as Bitcoin, the world's leading cryptocurrency, dropped 4% in the previous day.

7 月 8 日，众多山寨币遭遇低迷，包括 BRETT、PEPE、WIF 和 JUP，跌幅均超过 10%，而全球领先的加密货币比特币在前一天下跌了 4%。

BRETT

布雷特

BRETT, a meme coin inspired by a character from the "Boy's Club" comic, remained down 8% in the past 24 hours and 30% in the past 7 days. Its trading volume hovered around $49.1 million, while its market cap dropped to $1.12 billion, placing it 62nd among cryptocurrencies according to CoinMarketCap (CMC).

BRETT 是一款受《男孩俱乐部》漫画中角色启发的模因币，在过去 24 小时内下跌 8%，在过去 7 天内下跌 30%。根据 CoinMarketCap (CMC) 的数据，其交易量徘徊在 4910 万美元左右，而市值则降至 11.2 亿美元，在加密货币中排名第 62 位。

PEPE

PEPE

Ethereum-based meme coin PEPE suffered the most significant loss on Monday morning, plummeting 12% within the past day. Over the past week, it has also declined by 30%. Inspired by the iconic green frog meme, PEPE's daily trading volume reached $768 million, while its market cap fell to $3.47 billion, ranking 24th among the top 100 cryptocurrencies.

基于以太坊的 meme 币 PEPE 在周一早上遭受了最严重的损失，在过去一天内暴跌 12%。过去一周也下跌了30%。受标志性绿蛙表情包的启发，PEPE 的日交易量达到 7.68 亿美元，而市值则跌至 34.7 亿美元，在前 100 名加密货币中排名第 24 位。

WIF

无线IF

Solana-based meme coin WIF experienced an 11% decline over the past day, trading at $1.66 at the time of writing. Over the past week, it has also dropped by 27%. Despite a 14% increase in its daily trading volume to approximately $468 million, its market cap dropped to $1.6 billion.

基于 Solana 的 meme 代币 WIF 在过去一天下跌了 11%，在撰写本文时交易价格为 1.66 美元。过去一周也下跌了27%。尽管其每日交易量增长了 14% 至约 4.68 亿美元，但其市值却下降至 16 亿美元。

JUP

朱普

Jupiter (JUP), a Solana-based decentralized exchange (DEX) aggregator, faced a 10% loss in the past 24 hours and 16% over the past week. Its daily trading volume remained stable at $109 million, while its market cap fell below $1 billion.

Jupiter (JUP) 是一家基于 Solana 的去中心化交易所 (DEX) 聚合商，在过去 24 小时内损失了 10%，在过去一周损失了 16%。其日交易量稳定在1.09亿美元，而市值则跌破10亿美元。

Bitcoin's Impact

比特币的影响

The decline in these altcoins primarily stemmed from a decrease in Bitcoin's value, which fell 4% in the past day to $55,676 on Monday morning. The crypto asset has lost 12% over the past 7 days, sparking concern among investors.

这些山寨币的下跌主要源于比特币价值的下跌，过去一天比特币价格下跌 4%，至周一上午的 55,676 美元。该加密资产在过去 7 天里下跌了 12%，引发了投资者的担忧。

German Government's Bitcoin Holdings

德国政府持有的比特币

Contributing to the market volatility, the German government transferred 700 BTC, valued at approximately $40.47 million, to crypto exchanges as part of an ongoing trend. This move has raised questions about potential impacts on the market.

作为持续趋势的一部分，德国政府将 700 个比特币（价值约 4047 万美元）转移到加密货币交易所，这加剧了市场波动。此举引发了人们对市场潜在影响的质疑。

Mt. Gox Transfers

Mt. Gox 转账

Mt. Gox, once the world's largest cryptocurrency exchange, moved 47,229 BTC worth $2.7 billion to an unknown wallet, further influencing Bitcoin's price decline. As Mt. Gox prepares to repay its creditors, concerns arise about potential market pressures due to the influx of Bitcoin into the market.

曾经全球最大的加密货币交易所 Mt. Gox 将价值 27 亿美元的 47,229 BTC 转移到一个未知的钱包中，进一步影响了比特币价格的下跌。随着 Mt. Gox 准备偿还债权人，人们开始担心比特币涌入市场可能带来的潜在市场压力。

Altcoin Market Volatility

山寨币市场波动

The altcoin market's performance is closely tied to Bitcoin's dominance. Significant price drops in Bitcoin often lead to widespread declines in altcoin values as investor confidence wanes.

山寨币市场的表现与比特币的主导地位密切相关。随着投资者信心减弱，比特币价格大幅下跌通常会导致山寨币价值普遍下跌。

Despite the current downturn, some analysts remain optimistic about the potential for an altcoin season to commence in the near future.

尽管目前经济低迷，但一些分析师仍然对山寨币季节在不久的将来开始的潜力持乐观态度。