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The crypto market’s two biggest meme coin projects, DOGE and SHIB, continued their impressive daily gains in the latest bull run. After several days of high volatility, Bitcoin finally settled down and is now trading just above the $67,000 level. This situation provided opportunities for some major high-volume altcoins to close the gap with both BNB and Ethereum reaching multi-year highs.
加密市场最大的两个模因币项目 DOGE 和 SHIB 在最近的牛市中继续保持令人印象深刻的每日涨幅。经过几天的高波动后,比特币终于稳定下来,目前交易价格略高于 67,000 美元。这种情况为一些主要的高交易量山寨币提供了缩小差距的机会,BNB 和以太坊都达到了多年高点。
Latest Developments on the Bitcoin Front
比特币前沿的最新进展
Bitcoin had an extremely positive week, gaining over $10,000 in value. It paused over the previous weekend but resumed its rise on March 4th, with the community sentiment suggesting that an all-time high of $69,000 was within reach soon.
比特币度过了极其积极的一周,价值超过 10,000 美元。它在上周末暂停,但在 3 月 4 日恢复上涨,社区情绪表明 69,000 美元的历史高点即将达到。
Indeed, on the afternoon of March 5th, the bulls took control and initiated another impressive rally, with Bitcoin reaching a new peak of $69,300. However, the landscape changed rapidly and violently at this point. Instead of climbing further, Bitcoin encountered resistance at these levels and lost about $10,000 in value within hours, leaving billions of dollars in liquidity.
事实上,3 月 5 日下午,多头占据了主导地位,并引发了另一场令人印象深刻的反弹,比特币达到了 69,300 美元的新高。然而,此时的情况却发生了迅速而剧烈的变化。比特币并没有进一步攀升,而是在这些水平上遇到了阻力,并在数小时内损失了约 10,000 美元的价值,留下了数十亿美元的流动性。
Bitcoin underwent a rapid recovery process after falling below $60,000 and returned to $67,000 by March 6th. Since then, the asset has not made any significant moves in either direction and is currently sitting just above this line. Bitcoin’s market value remains over $1.3 trillion, but its dominance over altcoins has receded to 49.2% on CoinGecko.
比特币在跌破 60,000 美元后经历了快速复苏过程,并于 3 月 6 日重返 67,000 美元。从那时起,该资产在任何一个方向上都没有发生任何重大变动,目前位于该线上方。比特币的市值仍超过 1.3 万亿美元,但在 CoinGecko 上其相对于山寨币的主导地位已回落至 49.2%。
What’s Happening in the Altcoin Market?
山寨币市场发生了什么?
Ethereum, has been performing well for the past few weeks, gradually rising to nearly $4,000. The second-largest crypto asset was last at this level about two years ago. BNB, the third-largest crypto project, was in pursuit until recently, but a daily increase of 8% has driven it to its highest price tag of $470 since January 2022.
以太坊在过去几周表现良好,逐渐上涨至近4000美元。第二大加密资产上次达到这个水平大约是在两年前。第三大加密项目 BNB 直到最近才受到追捧,但每日 8% 的涨幅已使其价格达到 2022 年 1 月以来的最高价 470 美元。
Dogecoin recovered most of its losses on March 7th and is once again sitting above $0.16. SHIB did the same and is trading at $0.000034. BCH, ETC, ARB, and TIA are also on the rise among large-volume altcoin projects. The total crypto market value increased by over $40 billion overnight and is now approaching $2.7 trillion on CoinGecko.
狗狗币于 3 月 7 日收复了大部分失地,并再次站上 0.16 美元上方。 SHIB 也做了同样的事情,目前的交易价格为 0.000034 美元。 BCH、ETC、ARB、TIA也在大额山寨币项目中呈上升趋势。 CoinGecko 上的加密货币总市值一夜之间增加了 400 亿美元以上,目前已接近 2.7 万亿美元。
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