The crypto market, known for its volatility and unpredictable swings, has once again taken center stage as Bitcoin grapples with challenges that have left its market price ensnared in the bearish claws.

随着比特币努力应对导致其市场价格陷入看跌魔爪的挑战，以其波动性和不可预测的波动而闻名的加密货币市场再次占据了中心舞台。

As of now, the global crypto market cap is $1.65 trillion, a 1.13% increase over the last 24 hours and an 86.3% increase over a year ago. Bitcoin’s (BTC) market cap is at $817 billion, marking a 49.48% crypto market dominance. 

截至目前，全球加密货币市值为1.65万亿美元，较过去24小时增长1.13%，较一年前增长86.3%。比特币 (BTC) 市值为 8170 亿美元，占据加密货币市场 49.48% 的主导地位。

Meanwhile, the market cap of stablecoins is $130 billion, accounting for 7.89% of the total crypto market capitalization.

与此同时，稳定币市值为1300亿美元，占加密货币总市值的7.89%。

Crypto remains in a market bull trap

加密货币仍处于市场牛市陷阱中

The current week has been difficult for crypto Prices, as market participants appear to be taking a breather in a volatile market scenario. In addition, significant economic indicators such as the US Consumer Price Index (CPI) and Producer Price Index (PPI) are set to be released this week.

本周对于加密货币价格来说是困难的一周，因为市场参与者似乎在动荡的市场环境中喘口气。此外，美国消费者价格指数（CPI）和生产者价格指数（PPI）等重要经济指标也将于本周公布。

 According to analysts, investors are looking forward to the vital inflation report since it could shed light on the Federal Reserve’s future rate hike intentions.

分析师表示，投资者正在等待重要的通胀报告，因为它可能揭示美联储未来的加息意图。

Digital asset investors worry that the market is stuck in a bull trap. True to that, the crypto market is trading in the red today. As of the time of writing, the value of Bitcoin stands at $41,828.12, accompanied by a 24-hour trading volume of $32,187,508,785.16. 

数字资产投资者担心市场陷入牛市陷阱。确实如此，加密货币市场目前正处于亏损状态。截至撰写本文时，比特币的价值为 41,828.12 美元，24 小时交易量为 32,187,508,785.16 美元。

This indicates that the price has decreased by -0.53% over the last 24 hours and increased by 0.43% over the past week. The Bitcoin Fear and Greed Index is now 67, down from 74 last week.

这表明价格在过去 24 小时内下跌了 -0.53%，在过去一周内上涨了 0.43%。比特币恐惧和贪婪指数目前为 67，低于上周的 74。

The second largest coin, Ethereum, has also taken a hit. Today’s Ethereum (ETH) price is $2,234.85, with a 24-hour trading volume of $17,487,527,942.74. This indicates a -0.18% decrease in the last 24 hours and a 0.26% gain in the last seven days. 

第二大货币以太坊也受到了打击。今日以太坊（ETH）价格为2,234.85美元，24小时交易量为17,487,527,942.74美元。这表明过去 24 小时内下跌了 -0.18%，过去 7 天内上涨了 0.26%。

Crypto market performance today

今日加密货币市场表现

The overall digital asset market performance has been adversely affected by the recent selloff in digital assets, which is evident in the decline in the prices of major crypto coins. Dogecoin (DOGE) is under heavy selling pressure. 

整体数字资产市场表现受到近期数字资产抛售的不利影响，主要加密货币价格的下跌就体现了这一点。狗狗币（DOGE）面临巨大的抛售压力。

Dogecoin is currently trading at $0.096748 with a 24-hour trading volume of $1,640,325,351.00 as of press time. This indicates a 0.23 % decrease in the last 24 hours and a 9.54% gain in the last seven days.

截至发稿，狗狗币目前交易价格为 0.096748 美元，24 小时交易量为 1,640,325,351.00 美元。这表明过去 24 小时内下跌 0.23%，过去 7 天上涨 9.54%。

Following this recent breakout, Dogecoin’s price is now vulnerable to further losses, with support at $0.0900 at risk of being lost. The next critical support level is at $0.0840, and a breach may result in an 11.5% drop in the coin.

在最近的突破之后，狗狗币的价格现在很容易进一步下跌，支撑位为 0.0900 美元，但有失去的风险。下一个关键支撑位是 0.0840 美元，突破可能导致代币下跌 11.5%。

Dogecoin creator Billy Markus, better known on Twitter as Shibetoshi Nakamoto, responded to gloomy comments in the early hours of Monday. Markus posted on Twitter, “oh no crypto died everything is dead blah blah blah.” The community embraced the joke well, including applause from Elon Musk, the owner of X and popularly known as the “DOGEfather.”

狗狗币创始人比利·马库斯（Billy Markus）（在 Twitter 上更为人所知的名字是 Shibetoshi Nakamoto）于周一凌晨回应了悲观的评论。马库斯在推特上写道：“哦，没有加密货币死了，一切都死了等等等等。”社区很好地接受了这个笑话，包括 X 的所有者、俗称“DOGE 之父”的埃隆·马斯克 (Elon Musk) 的掌声。

Some crypto coins have weathered the storm

一些加密货币经受住了风暴

Following a significant price drop to $66 earlier on Monday, December 12, the Solana (SOL) Price has swiftly recovered by 10%, currently trading at $71. The recent surge in Solana has been fueled by intense DeFi activity within the Solana ecosystem. Solana’s price has increased roughly fivefold in the last two months.

继 12 月 12 日星期一早些时候价格大幅下跌至 66 美元后，Solana (SOL) 价格迅速回升 10%，目前交易价格为 71 美元。 Solana 生态系统内激烈的 DeFi 活动推动了 Solana 最近的飙升。 Solana 的价格在过去两个月中上涨了大约五倍。

Solana is trading at $71.49 today, with a 24-hour trading volume of $2,993,415,098.39. This is a 4.43% increase in the last 24 hours and a 19.77% gain in the last 7 days.

Solana 今天的交易价格为 71.49 美元，24 小时交易量为 2,993,415,098.39 美元。过去24小时内涨幅为4.43%，过去7天内涨幅为19.77%。

DeFiLlama claims a significant growth in the number of stablecoins on the Solana blockchain in the last week, with an 8% increase to $1.676 billion. USDC, the second-largest stablecoin on the chain, increased by 20%, hitting $735 million. However, the USDT supply remained basically unaltered.

DeFiLlama 声称上周 Solana 区块链上的稳定币数量大幅增长，增长 8% 至 16.76 亿美元。链上第二大稳定币USDC上涨20%，达到7.35亿美元。但USDT供应量基本没有变化。

AVAX, Avalanche’s native cryptocurrency, has increased by 20% in the last 24 hours, reaching $42 and unseating Dogecoin as the ninth-largest crypto by market cap. With this move, Avalanche has increased its weekly gains to 85%, the highest among the top ten crypto coins.

Avalanche 的原生加密货币 AVAX 在过去 24 小时内上涨了 20%，达到 42 美元，并取代狗狗币成为市值第九大加密货币。通过这一举措，Avalanche 将周涨幅提高至 85%，是十大加密货币中最高的。

Avalanche is trading at $40.75 today, with a 24-hour trading volume of $3,101,978,404.46. This is a 17.25% gain in the last 24 hours and an 83.66% increase in the last 7 days. 

Avalanche 今日交易价格为 40.75 美元，24 小时交易量为 3,101,978,404.46 美元。这是过去24小时内上涨17.25%，最近7天内上涨83.66%。