Bitcoin Drops Over Rate Cut Concerns

比特币因降息担忧而下跌

On Monday, Bitcoin, the world's foremost cryptocurrency, plunged to an intraday low of $58,528, marking its sharpest decline since mid-April. This drop was fueled by ongoing pessimism about the Federal Reserve's ability to rapidly cut interest rates.

周一，全球最重要的加密货币比特币暴跌至 58,528 美元的盘中低点，创下 4 月中旬以来的最大跌幅。对美联储快速降息能力的持续悲观情绪加剧了这一下降。

Fed Officials' Comments Weigh on Crypto

美联储官员的评论对加密货币构成压力

The crypto market's plunge occurred amidst doubts about the Fed's capacity to swiftly reduce interest rates from their two-decade peak. In light of the current market situation, Fed officials have recently issued crucial statements with significant implications for cryptocurrencies.

加密货币市场的暴跌发生在人们对美联储是否有能力迅速降低利率从二十年来的峰值的怀疑之中。鉴于当前的市场形势，美联储官员最近发表了对加密货币具有重大影响的重要声明。

Federal Reserve Governor Michelle Bowman stated on Tuesday that the time was not yet ripe to lower interest rates, dampening hopes for U.S. interest rate cuts. She also indicated that she would consider raising interest rates if inflation persisted.

美联储理事米歇尔·鲍曼周二表示，降息时机尚未成熟，浇灭了美国降息的希望。她还表示，如果通胀持续下去，她将考虑加息。

Fed's Outlook Impacts Stock Markets

美联储的前景影响股市

Bowman's remarks echoed a prevailing sentiment within the central bank, with most policymakers recently expressing that, while they anticipate inflation returning to the Fed's 2% target, they require further evidence.

鲍曼的言论呼应了央行内部的普遍情绪，大多数决策者最近表示，虽然他们预计通胀将回到美联储 2% 的目标，但他们需要进一步的证据。

Following Governor Bowman's comments, the S&P 500 and Nasdaq 100 lost their gains.

鲍曼州长发表评论后，标准普尔 500 指数和纳斯达克 100 指数纷纷下跌。

Crypto Market's Response

加密货币市场的反应

Despite the market downturn, Bitcoin and cryptocurrencies showed a muted response, remaining largely unmoved. On Tuesday, Bitcoin rebounded above $62,000, reaching a high of $62,400.

尽管市场低迷，比特币和加密货币的反应却很冷淡，基本上没有受到影响。周二，比特币反弹至 62,000 美元上方，触及 62,400 美元高位。

Other cryptocurrencies also experienced gains, with several assets posting positive figures at press time. Frog-themed cryptocurrency Pepe surged by 9%, while Dogwifhat (WIF) rose by 7.30%. Notcoin (NOT) witnessed a 13% increase within the same period.

其他加密货币也出现了上涨，截至发稿时，一些资产出现了正值。青蛙主题加密货币Pepe飙升9%，Dogwifhat (WIF)上涨7.30%。 Notcoin (NOT) 同期增长了 13%。

Bitcoin's Outlook

比特币的前景

While slightly lower, Bitcoin has remained relatively stable over the past 24 hours, trading at $61,595 at press time, representing a 0.97% increase. Notably, Bitcoin reached a peak of $73,798 in March but has underperformed traditional investments such as stocks, bonds, and gold this quarter. The 200-day moving average, currently around $57,738, is being monitored as a potential support zone should further declines occur.

虽然略有下降，但比特币在过去 24 小时内保持相对稳定，截至发稿时交易价格为 61,595 美元，涨幅为 0.97%。值得注意的是，比特币在 3 月份达到了 73,798 美元的峰值，但本季度的表现落后于股票、债券和黄金等传统投资。 200 天移动平均线目前约为 57,738 美元，如果进一步下跌，该移动平均线将被视为潜在的支撑区域。

Future Implications

未来的影响

In the days to come, investors and market participants will closely monitor the Fed's policy decisions and their potential impact on cryptocurrencies.

未来几天，投资者和市场参与者将密切关注美联储的政策决定及其对加密货币的潜在影响。