The digital asset market began the week with widespread declines. Bitcoin (BTC) fell nearly 2% in 24 hours, pulling major altcoins down with it. XRP, Solana (SOL), Cardano (ADA), and Dogecoin (DOGE) experienced drops of up to 5% before recovering. However, this dip may be a minor setback before more significant market movements.

数字资产市场始于本周，广泛下降。比特币（BTC）在24小时内下降了近2％，将主要的山寨币撤下。 XRP，Solana（Sol），Cardano（Ada）和Dogecoin（Doge）在恢复之前的滴度最高为5％。 但是，在更大的市场变动之前，这种下降可能是一个小的挫折。

This week is crucial for global financial markets, with the Federal Reserve, inflation data, and Nvidia announcements taking center stage. Wall Street anticipates three rate cuts by year-end, with one expected in June. However, rising inflation concerns are casting doubt on a December cut.

本周对于全球金融市场至关重要，美联储，通货膨胀数据和NVIDIA公告占据了中心地位。 华尔街预计将按年底降低三税，预计在6月会有1次降低。但是，通货膨胀率上升的问题对12月的削减感到怀疑。

The market's direction remains uncertain. While slower growth might prompt the Fed to cut rates, rising inflation could lead them to maintain current levels. The market has been relatively quiet since last week's tariff-related turmoil, with traders concerned about the potential for a US recession due to trade policies. This has increased the correlation between crypto and equity markets, while consumer sentiment weakens.

市场的方向仍然不确定。 尽管较慢的增长可能会促使美联储降低利率，但通货膨胀率上升可能会导致他们保持当前水平。 自上周与关税相关的动荡以来，市场一直相对安静，交易员担心由于贸易政策而导致的美国衰退的潜力。这增加了加密和股票市场之间的相关性，而消费者情绪则削弱了。

Key Economic Events This Week:

本周的关键经济事件：

1. February Retail Sales data – Monday
2. February Housing Starts data – Tuesday
3. Fed Interest Rate Decision/Statement – Wednesday
4. Initial Jobless Claims data – Thursday
5. Philly Fed Manufacturing data – Thursday
6. February Existing Home Sales data –

On Wednesday, the Fed's decision will be closely watched. While rates are expected to remain unchanged at 4.25%-4.5%, the accompanying economic projections and Chair Powell's press conference could significantly impact markets. Polymarket users predict a 99% chance of no rate cut on March 20th.

2月的零售数据 - 周一住房开始数据 - 周二的利率决策/声明 - 周三的失业索赔数据 - 星期四，菲利美联储制造数据 - 周四现有的现有房屋销售数据 - 周三，美联储的决定将受到密切关注。 虽然预计利率将保持不变，为4.25％-4.5％，但伴随的经济预测和鲍威尔主席的新闻发布会可能会对市场产生重大影响。 Polymarket用户预测，3月20日，无率降低的机会有99％。

Simultaneously, Nvidia CEO Jensen Huang's GTC presentation is highly anticipated, given the surge in AI chip demand. Significant announcements could further boost AI-related stocks.

同时，鉴于AI芯片需求的激增，NVIDIA首席执行官Jensen Huang的GTC演示备受期待。 大量公告可以进一步提高与AI相关的股票。

Bitcoin ETFs Remain Relatively Stable

比特币ETF保持相对稳定

The crypto market awaits this week's economic data. The total digital asset market capitalization dipped slightly in the past 24 hours to $2.73 trillion. Bitcoin's price is down 15% over the past 30 days, but it's holding relatively steady around the $83,000 level. Despite the volatility, some investors are still looking to "buy the dip."

加密货币市场正在等待本周的经济数据。在过去的24小时内，数字资产市值的总价值略有下降，至2.73万亿美元。在过去的30天中，比特币的价格下跌了15％，但在83,000美元的水平上，比特币的价格相对稳定。尽管有波动性，但一些投资者仍在寻求“购买蘸酱”。

Analysis of Bitcoin ETF inflows and outflows reveals investor sentiment. From January 1st to February 6th, US BTC ETFs saw massive inflows of 56,802 BTC, reaching a peak of 1.177 million BTC. However, by March 14th, over 55,300 BTC ($4.58 billion) had been withdrawn.

比特币ETF流入和流出的分析表明投资者的情绪。 从1月1日至2月6日，美国BTC ETF的大量流入为56,802 BTC，达到1177万BTC的峰值。但是，到3月14日，超过55,300 BTC（45.8亿美元）已撤回。

Currently, Bitcoin ETFs hold approximately $93.25 billion in BTC (5.6% of the total BTC market cap). Blackrock's IBIT leads with $39.24 billion and 568,559 BTC, followed by Fidelity's FBTC with $11.25 billion and 194,269 BTC.

目前，比特币ETF在BTC中持有约92.5亿美元（占BTC市值的5.6％）。 BlackRock的IBIT领先于392.4亿美元和568,559 BTC，其次是Fidelity的FBTC，为112.5亿美元和194,269 BTC。

Ethereum is underperforming, down 10% in the last 7 days, while XRP has seen a 7% increase during the same period.

以太坊的表现不佳，在过去的7天中下降了10％，而XRP在同一时期增加了7％。