The cryptocurrency market is experiencing significant volatility, largely attributed to trader reactions to recent tariffs and President Trump's proposed Bitcoin Reserve order. Bitcoin has declined by 4.8% to $81,729, while Ethereum suffered a more substantial drop of 8%, trading near $2,000. Dogecoin experienced the most significant downturn among the top ten cryptocurrencies, falling 13% to $0.16.

加密货币市场正经历着明显的波动性，这主要归因于交易员对最近的关税和特朗普总统提议的比特币储备令的反应。 比特币的下降了4.8％，至81,729美元，而以太坊的下降了8％，交易价格接近2,000美元。 Dogecoin在十大加密货币中经历了最重要的衰退，下降了13％至0.16美元。

Despite the initial hype surrounding Trump's executive order, the market's response has been negative. QCP Analysts suggest this is due to the lack of a defined budget for Bitcoin acquisitions, creating investor uncertainty.

尽管最初围绕特朗普的行政命令进行了炒作，但市场的反应是负面的。 QCP分析师认为，这是由于缺乏对比特币收购预算的预算，从而造成了投资者的不确定性。

Market Downturn and Liquidations

市场低迷和清算

The current market downturn has resulted in substantial liquidations, exceeding $334 million in the last 24 hours and impacting over 109,704 traders. Bitcoin, Ethereum, and XRP led the sell-off. Long positions suffered the most significant losses. Bitcoin saw $186.35 million in liquidations, with long traders losing $123.21 million. Ethereum followed with $40.84 million, and XRP recorded $7.3 million in losses. Other altcoins, including Solana (SOL), Cardano (ADA), Dogecoin (DOGE), Sui (SUI), and Litecoin (LTC), also experienced considerable sell-offs, contributing to market instability.

当前的市场低迷导致了大量清算，在过去的24小时内超过了3.34亿美元，影响了109,704家交易员。 比特币，以太坊和XRP领导了抛售。 长位置遭受了最重大的损失。 比特币的清算币有1.8635亿美元，长交易员损失了1.2321亿美元。以太坊持续了4084万美元，XRP记录了730万美元的损失。 其他AltCoins，包括Solana（Sol），Cardano（ADA），Dogecoin（Doge），Sui（Sui）和Litecoin（LTC），也经历了相当大的抛售，这有助于市场不稳定。

Recent Price Movements and Analysis

最近的价格变动和分析

Bitcoin has decreased by 3% in the last 24 hours, currently trading at $86,409. While showing a 1.9% increase over the past week, the overall market sentiment remains weak, with trading volume down 24.63%. Ethereum is struggling to maintain key support levels, facing a potential drop below $2,000. Analyst Ali Martinez warns that a breach of $2,114 could lead to a test of $1,250 in the coming weeks. XRP is also under pressure, falling 7.31% in the last 24 hours to $2.36. The uncertainty surrounding the proposed crypto reserve plan continues to fuel market volatility.

在过去的24小时内，比特币下降了3％，目前的交易价格为86,409美元。在过去一周中显示1.9％的增长1.9％，但总体市场情绪仍然疲软，交易量下降了24.63％。以太坊正在努力维持关键支持水平，面临低于2,000美元的潜在下降。分析师阿里·马丁内斯（Ali Martinez）警告说，违反2,114美元的违反可能会导致未来几周的$ 1,250测试。 XRP也处于压力下，在过去24小时内下降了7.31％，至2.36美元。 拟议的加密储备计划围绕的不确定性继续助长市场波动。

Pushback Against Crypto Reserve Plan

反对加密储备计划的推动力

Trump's proposal to include ADA, XRP, and SOL in the U.S. Strategic Reserve has faced considerable pushback. Prominent figures like Coinbase CEO Brian Armstrong and Real Vision's Raoul Pal advocate for Bitcoin as the primary reserve asset. Armstrong argues that Bitcoin's characteristics make it the most suitable choice.

特朗普在美国战略储备中包括ADA，XRP和SOL在内的提议面临着相当大的推动力。 Coinbase首席执行官Brian Armstrong和Real Vision的Raoul Pal倡导比特币等著名人物作为主要储备。 阿姆斯特朗认为，比特币的特征使其成为最合适的选择。