Crypto Market Weekly Roundup

加密货币市场每周综述

The cryptocurrency landscape has witnessed a volatile week, keeping traders and investors on edge.

加密货币格局经历了动荡的一周，让交易者和投资者感到紧张。

Bitcoin Price Volatility

比特币价格波动

Bitcoin (BTC) experienced sharp fluctuations, falling from $64K to as low as $59K, sparking concerns among investors. The decline was attributed to massive token dumps on exchanges, with major institutions like the U.S. and German governments transferring significant amounts of Bitcoin. Whale dumps also contributed to the bearish sentiment. Institutional investors shifted their focus to altcoins, anticipating a possible correction.

比特币（BTC）经历了剧烈波动，从 6.4 万美元跌至低至 5.9 万美元，引发了投资者的担忧。下降的原因是交易所出现大规模代币抛售，美国和德国政府等主要机构转移了大量比特币。鲸鱼抛售也加剧了看跌情绪。机构投资者将注意力转向山寨币，预计可能会出现回调。

Pepe Coin and Ripple XRP

佩佩币和瑞波币 XRP

Pepe Coin (PEPE) and Ripple's XRP garnered attention this week. PEPE whales made significant moves, transferring billions of coins. Meanwhile, analysts dismissed overly bullish forecasts for XRP amidst the ongoing SEC lawsuit.

Pepe Coin (PEPE) 和 Ripple 的 XRP 本周引起了关注。 PEPE 鲸鱼采取了重大举措，转移了数十亿枚代币。与此同时，在美国证券交易委员会正在进行的诉讼中，分析师驳回了对 XRP 过度乐观的预测。

Key Headlines

主要头条新闻

• Bitcoin Price Struggles: BTC's volatility stemmed from exchange dumps and whale activity. Institutional investors diversified into altcoins.
• Pepe Coin and XRP: PEPE saw whale movements, while XRP's bullish outlook remained uncertain due to the SEC case.
• Bitcoin ETFs: Despite inflows, BTC's price failed to gain momentum due to miner capitulation, selling off large amounts of Bitcoin.
• Inflation Cools: U.S. PCE and core PCE inflation data moderated, providing some market optimism. However, sentiments suggest a possible further dip in Bitcoin's price.

比特币价格挣扎：比特币的波动源于交易所抛售和鲸鱼活动。机比特币通胀降温：美国个人消费支出和核心个人消费支出通胀数据放缓，给市场带来了一些乐观情绪。然而，市场情绪表明比特币价格可能进一步下跌。