The prices of both Shiba Inu and Dogecoin fell double-digits on Friday after Bitcoin dropped below $67,000. This decline has seen both meme coins lose their gains for the last few days, triggering losses for investors and traders alike. But what was the cause of the crash?

周五，在比特币跌破 67,000 美元后，柴犬和狗狗币的价格均下跌两位数。这种下跌导致这两种模因币失去了过去几天的涨幅，引发了投资者和交易者的损失。但事故发生的原因是什么？

Dogecoin, Shiba Inu Follow Bitcoin

The price eras experienced by Dogecoin and Shiba Inu on Friday have less to do with a particular development for the assets themselves and more to do with Bitcoin. Bitcoin, which had seen a massive rally from $15,000 to $73,000, experienced a correction and dipped as low as $65,700 on Friday.

狗狗币和柴犬关注比特币狗狗币和柴犬周五经历的价格时代与资产本身的特定发展关系不大，而与比特币关系更大。比特币从 15,000 美元大幅上涨至 73,000 美元，但周五经历了回调并跌至 65,700 美元。

Given that Bitcoin is the market leader and the price action of altcoins often mirrors it, leading to a similar price crash among coins such as Shiba Inu and dogecoin. While Bitcoin fell around 9%, the impact of the crash was much more pronounced on the altcoins.

相关阅读：埃隆·马斯克打破沉默，谈论特斯拉何时接受狗狗币支付鉴于比特币是市场领导者，而山寨币的价格走势往往反映了这一点，导致柴犬和狗狗币等代币出现类似的价格暴跌。虽然比特币下跌了 9% 左右，但崩盘对山寨币的影响更为明显。

Dogecoin, for one, saw a 14% crash, with its price dropping from $0.18 to as low as $0.16. In a similar fashion, the Shiba Inu price fell a bit further than Dogecoin with an almost 15% decrease in price to bring its blow $0.0000129.

例如，狗狗币暴跌 14%，价格从 0.18 美元跌至 0.16 美元。以类似的方式，柴犬价格比狗狗币跌幅更大，跌幅近 15%，跌幅为 0.0000129 美元。

Despite this crash, Dogecoin was able to retain its position as the 9th-largest cryptocurrency by market cap. However, Shiba Inu has been kicked out of the top 10 cryptocurrencies by market cap after its decline sent its market cap to $17 billion, putting it behind Avalanche (AVAX) with a market cap of $19.3 billion.

尽管发生了这次崩盘，狗狗币仍然保持了市值第九大加密货币的地位。然而，由于柴犬的下跌导致其市值达到 170 亿美元，落后于市值 193 亿美元的 Avalanche (AVAX)，因此被踢出了市值排名前 10 的加密货币。

Bitcoin Crash Triggers $812 Million In Liquidations

The price crash has washed out a significant amount of long positions in the last 24 hours as liquidations cross $800 million. As expected, Bitcoin liquidations have accounted for a large amount of these positions, but altcoin positions have not been left out.

比特币崩盘引发 8.12 亿美元清算 过去 24 小时内，价格崩盘冲掉了大量多头头寸，清算金额突破 8 亿美元。正如预期的那样，比特币清算占据了这些头寸的很大一部分，但山寨币头寸也没有被排除在外。

According to data from Coinglass, Bitcoin liquidations reached $279 million, while Ethereum liquidations were $137 million, with Solana accounting for $41.59 million. Then, moving on to Dogecoin and Shiba Inu, both of these meme coins saw almost $30 million in liquidations among them.

相关阅读：Ripple首席执行官透露唯一能保证XRP成功的因素根据Coinglass的数据，比特币清算额达到2.79亿美元，而以太坊清算额为1.37亿美元，其中Solana占4159万美元。然后，转向狗狗币和柴犬币，这两种模因币的清算额接近 3000 万美元。

In total, over 248,000 traders were liquidated, with the largest single liquidation event happening on the BTC-USDT-SWAP pair on the OKX exchange. The vast majority of the liquidations are understandably longs which account for 82.43% of the total liquidations.

总共有超过 248,000 名交易者被清算，其中最大的单次清算事件发生在 OKX 交易所的 BTC-USDT-SWAP 货币对上。可以理解的是，绝大多数强平都是多头，占总强平的82.43%。

At the time of writing, the Dogecoin price is sitting at $0.1605 with a 7-day decline of 4.12%, and the Shiba Inu price is sitting at $0.00002892 with a 7-day decline of 15.39%, according to data from CoinMarketCap.

根据 CoinMarketCap 的数据，截至撰写本文时，狗狗币价格为 0.1605 美元，7 天跌幅为 4.12%；柴犬价格为 0.00002892 美元，7 天跌幅为 15.39%。

SHIB price recovers after dip | Source: SHIBUSDT on Tradingview.com

SHIB价格下跌后回升|资料来源：Tradingview.com 上的 SHIBUSDT 特色图片来自 CoinDCX，图表来自 Tradingview.com