Crypto Market Downturn

加密货币市场低迷

The cryptocurrency market has plunged into a period of correction, with total market capitalization plummeting by billions of dollars. Dogecoin (DOGE) and Solana (SOL) have led the decline, accompanied by high leverage, increased selling, and broader macroeconomic uncertainty.

加密货币市场陷入回调期，总市值暴跌数十亿美元。狗狗币（DOGE）和索拉纳（SOL）领跌，伴随着高杠杆、抛售增加和更广泛的宏观经济不确定性。

Dogecoin and Solana See Sharp Losses

狗狗币和 Solana 遭受大幅损失

Dogecoin currently trades at $0.3756, experiencing a 12% price drop—one of the steepest in this market correction. Despite 60.9 billion DOGE being transacted in 24 hours, enormous selling pressure has prevented price recovery. Large transactions surged by 41.2%, but this did little to alleviate losses for DOGE investors.

狗狗币目前的交易价格为 0.3756 美元，价格下跌 12%，是本次市场调整中跌幅最大的跌幅之一。尽管24小时内成交了609亿DOGE，但巨大的抛售压力阻碍了价格回升。大宗交易猛增41.2%，但这并没有减轻DOGE投资者的损失。

Solana followed suit with a 10% decline to $227. Overbought conditions and the general market correction have battered the token. Solana's token market cap shed over $100 billion in a single day. Although trading volume increased by 43.2%, this is indicative of increased selling rather than positive market sentiment.

Solana 紧随其后，下跌 10% 至 227 美元。超买状况和总体市场调整对该代币造成了沉重打击。 Solana 的代币市值单日蒸发超过 1000 亿美元。尽管交易量增加了 43.2%，但这表明抛售增加，而不是积极的市场情绪。

Market-Wide Impact and Liquidations

整个市场的影响和清算

Other major cryptocurrencies, including BTC and ETH, have also suffered losses. BTC dropped by 6.1% and ETH by 4.5%. Altcoins facing the heaviest losses are Cardano's ADA and XRP, down 14.7% and 10.7% respectively. Within 24 hours, the total cryptocurrency market cap declined by a significant 5%, bringing it down to $3.2 trillion.

包括 BTC 和 ETH 在内的其他主要加密货币也遭受了损失。 BTC 下跌 6.1%，ETH 下跌 4.5%。损失最严重的山寨币是卡尔达诺的 ADA 和 XRP，分别下跌 14.7% 和 10.7%。 24 小时内，加密货币总市值大幅下跌 5%，降至 3.2 万亿美元。

Liquidations have also escalated, exacerbating the situation. According to CoinGlass, total liquidated crypto positions exceed $691 million, with $150 million attributed to Bitcoin. The largest liquidation occurred on Binance, involving $4.67 million in a long position. Over 180,000 accounts have been liquidated, highlighting the risks of high leverage in volatile market conditions.

清算也升级，加剧了局势。根据 CoinGlass 的数据，已清算的加密货币头寸总额超过 6.91 亿美元，其中 1.5 亿美元属于比特币。最大规模的清算发生在币安，涉及多头头寸 467 万美元。超过 180,000 个账户已被清算，凸显了波动市场条件下高杠杆的风险。

Economic Indicators and Market Outlook

经济指标及市场展望

The crypto market's performance is heavily influenced by broader economic developments. Bitcoin's drop coincided with a $435 million outflow from spot exchange-traded funds on Monday, breaking the trend of net inflows. This signals investor caution amid uncertainty over Federal Reserve policies and inflation.

加密货币市场的表现在很大程度上受到更广泛的经济发展的影响。比特币下跌之际，周一现货交易所交易基金流出 4.35 亿美元，打破了净流入趋势。这表明投资者在美联储政策和通胀的不确定性中保持谨慎。

The minutes of the upcoming federal open market committee meeting will provide insights into the future course of monetary policy, particularly following the recent interest rate cut. Additionally, the Personal Consumption Expenditures (PCE) data, expected a few days before Thanksgiving, is likely to provide evidence of rising inflation, which could influence the Fed's decision to raise interest rates in December.

即将举行的联邦公开市场委员会会议纪要将为货币政策的未来走向提供见解，特别是在最近的降息之后。此外，预计感恩节前几天公布的个人消费支出（PCE）数据可能会提供通胀上升的证据，这可能会影响美联储12月加息的决定。

**Despite the downturn, not all are pessimistic. Real Vision CEO Raoul Pal believes the correction is part of the crypto market cycle and anticipates a strong rebound. He also suggests that Dogecoin could potentially outperform Bitcoin in the long run. However, concerns remain over excessive leverage and market overheating.

**尽管经济低迷，但并非所有人都悲观。 Real Vision 首席执行官 Raoul Pal 认为，此次调整是加密货币市场周期的一部分，并预计将出现强劲反弹。他还表示，从长远来看，狗狗币的表现可能会超越比特币。然而，对杠杆过高和市场过热的担忧仍然存在。

The future of crypto investors depends on how the market stabilizes. If the downtrend continues, further corrections may occur. However, some see it as an opportunity to reset overbought positions and establish a more sustainable market. The market's trajectory will likely be determined by upcoming economic reports and policy announcements. Short-term investors should exercise caution as volatility is expected to persist in the near future.

加密货币投资者的未来取决于市场如何稳定。如果下跌趋势继续下去，可能会出现进一步的调整。然而，一些人认为这是重置超买头寸并建立更可持续市场的机会。市场的轨迹可能由即将发布的经济报告和政策公告决定。短期投资者应谨慎行事，因为预计近期波动将持续。

Stay informed with Turkishnyradio, your 24/7 source for the latest crypto world updates.

通过Turkishnyradio 随时了解最新动态，这是您的24/7 来源，了解最新的加密世界更新。