Cryptocurrency Market Endures Price Challenges

加密货币市场面临价格挑战

The cryptocurrency market has been grappling with hurdles as prices decline. Despite positive inflation news, the announcement of the FED's interest rate decision led to a Bitcoin price drop from $70,000 to $58,500. While the price hovers above $60,000, analysts predict a potential fall to $54,000.

随着价格下跌，加密货币市场一直在努力克服障碍。尽管有积极的通胀消息，但美联储利率决定的宣布导致比特币价格从 70,000 美元跌至 58,500 美元。虽然价格徘徊在 60,000 美元以上，但分析师预测可能会跌至 54,000 美元。

Meme Coin Performance

Meme 币表现

Meme coins like BONK, PEPE, SHIB, and Ethereum have also been affected.

BONK、PEPE、SHIB 和以太坊等模因币也受到了影响。

BONK Coin

邦克币

BONK, a notable meme coin on the Solana network, has seen a 6.32% decline in the last 24 hours. Its price currently stands at $0.00002274, showing a 13% weekly increase but a significant 43% monthly loss. Market cap has dropped to $1.55 billion, and 24-hour trading volume has decreased by 36% to $178 million.

BONK 是 Solana 网络上著名的模因币，在过去 24 小时内下跌了 6.32%。目前其价格为 0.00002274 美元，每周上涨 13%，但每月大幅下跌 43%。市值已跌至 15.5 亿美元，24 小时交易量下降 36% 至 1.78 亿美元。

Pepe Coin

佩佩币

PEPE emerged as a surprise in 2023, significantly impacting the Ethereum network. After a 6% drop in the last day, PEPE trades at $0.00001162. Its market cap has declined to $4.890 billion, and trading volume has fallen below $500 million.

PEPE 在 2023 年出人意料地出现，对以太坊网络产生了重大影响。在最后一天下跌 6% 后，PEPE 交易价格为 0.00001162 美元。其市值已跌至48.9亿美元，交易量已跌至5亿美元以下。

Ethereum

以太坊

Ethereum, the second-largest cryptocurrency by market cap, has been a point of discussion since late May. Despite a recent 0.55% gain, its price remains below $2,900. However, market cap holds steady at $407 billion, indicating defense of the $400 billion mark. 24-hour trading volume has increased by 5.39% to $12.6 billion. Speculation persists that the approval of spot ETFs next week could trigger substantial price movements similar to those observed with Bitcoin.

以太坊是按市值计算的第二大加密货币，自 5 月底以来一直是讨论的焦点。尽管最近上涨了 0.55%，但其价格仍低于 2,900 美元。然而，市值稳定在 4070 亿美元，表明正在守住 4000 亿美元大关。 24小时交易量增长5.39%至126亿美元。人们持续猜测，下周现货 ETF 的批准可能会引发类似于比特币的大幅价格波动。