Bitcoin (BTC) Soars to New ATH of $75K, Dogecoin (DOGE) Claims Seventh Largest Market Cap

比特币 (BTC) 飙升至 75,000 美元新 ATH，狗狗币 (DOGE) 声称市值排名第七

In a remarkable market surge, Bitcoin (BTC) has reached a record-breaking all-time high of $75,407. Meanwhile, Dogecoin (DOGE) has made its presence felt, claiming the seventh-largest position in market capitalization.

比特币 (BTC) 的市场大幅飙升，创下了 75,407 美元的历史新高。与此同时，狗狗币（DOGE）也崭露头角，在市值方面排名第七。

Liquidation Dynamics

清算动态

Despite the price rally, significant liquidations have occurred. BTC liquidations within the last 24 hours have totaled $247.7 million, while DOGE liquidations have amounted to $41.86 million.

尽管价格上涨，但还是发生了大量清算。过去 24 小时内 BTC 清算总额为 2.477 亿美元，而 DOGE 清算总额为 4186 万美元。

Crypto Market Speculation

加密货币市场投机

As the 2024 U.S. Presidential Election approaches, speculation persists regarding the impact it may have on Bitcoin and the crypto market. While the eventual outcome remains uncertain, the recent performances of BTC and DOGE have sparked interest.

随着 2024 年美国总统大选的临近，关于它可能对比特币和加密货币市场产生影响的猜测仍然存在。尽管最终结果仍不确定，但 BTC 和 DOGE 最近的表现引发了人们的兴趣。

Dogecoin's Bullish Response

狗狗币的看涨反应

During his presidential campaign, Donald Trump expressed positive sentiments towards cryptocurrencies, advocating for domestic Bitcoin production and accepting BTC as payment. Additionally, Elon Musk, a prominent Trump supporter, has consistently endorsed cryptocurrencies through tweets and other actions. These factors have seemingly contributed to Dogecoin's bullish price trajectory.

唐纳德·特朗普在总统竞选期间表达了对加密货币的积极看法，主张国内比特币生产并接受比特币作为支付方式。此外，特朗普的著名支持者埃隆·马斯克（Elon Musk）一直通过推文和其他行动支持加密货币。这些因素似乎促成了狗狗币的看涨价格轨迹。

Dogecoin's Surging Market Position

狗狗币不断飙升的市场地位

DOGE's current upsurge has positioned it above Ripple's XRP as the seventh-largest cryptocurrency by market capitalization. It has also entered an overbought zone, with an RSI exceeding 70.

DOGE 目前的飙升使其超过 Ripple 的 XRP，成为按市值计算的第七大加密货币。它还进入超买区，RSI超过70。

Short-Term or Long-Term Bull Run?

短期牛市还是长期牛市？

It remains to be seen whether the recent price surges will translate into a sustained uptrend. Post-election indicators for the crypto market remain uncertain, leaving the direction of both Bitcoin and Dogecoin open to speculation.

最近的价格飙升是否会转化为持续的上涨趋势还有待观察。选举后的加密货币市场指标仍不确定，这使得比特币和狗狗币的走向都面临猜测。

Additional Highlights

其他亮点

• Bitcoin's all-time high has fueled bullish momentum in the crypto market.

比特币的历史新高推动了加密货币市场的看涨势头。