Bitcoin Price Drops Amidst Fed Chair Powell's Speech Anticipation

在美联储主席鲍威尔的讲话预期中比特币价格下跌

The cryptocurrency market experienced a downturn on Monday, with Bitcoin losing over $3,000 in an hour, reaching $63,000. This decline occurred before US Federal Reserve Chair Jerome Powell's address in Nashville, Tennessee, where he was expected to discuss the central bank's monetary policy.

周一加密货币市场经历低迷，比特币一小时内下跌超过 3,000 美元，达到 63,000 美元。这一下跌发生在美联储主席杰罗姆·鲍威尔在田纳西州纳什维尔发表讲话之前，预计他将在那里讨论央行的货币政策。

Bitcoin initially fell from over $66,000 to $64,200. The decline worsened to $63,250, a four-day low, before recovering slightly to $63,500.

比特币最初从 66,000 美元以上跌至 64,200 美元。跌幅进一步恶化至 63,250 美元，创四天低点，随后小幅回升至 63,500 美元。

Other altcoins followed suit with similar losses, with Shiba Inu and Dogecoin among the most affected. Liquidated positions reached $190 million in the past day, impacting approximately 70,000 traders.

其他山寨币也遭受了类似的损失，其中柴犬和狗狗币受影响最严重。过去一天清算头寸达到 1.9 亿美元，影响了约 70,000 名交易者。

Powell's speech induced uncertainty in the market. Reuters reported that he was expected to provide insights into the Fed's policy shift from August, when interest rates were cut by 0.5%.

鲍威尔的讲话引发了市场的不确定性。路透社报道称，预计他将提供有关美联储自 8 月份降息 0.5% 以来的政策转变的见解。

Experts anticipate that Powell may hint at additional rate reductions in the upcoming FOMC meetings in 2024 and 2025. The Fed is also expected to introduce a further rate reduction on November 6-7 by either 0.25% or 0.5%.

专家预计，鲍威尔可能会在即将举行的2024年和2025年FOMC会议上暗示进一步降息。预计美联储还将在11月6日至7日进一步降息0.25%或0.5%。