Shiba Inu and Dogecoin Spiraling Down Due to Bitcoin Price Crash

由于比特币价格暴跌，柴犬和狗狗币急剧下跌

Shiba Inu and Dogecoin have witnessed significant market declines following the recent Bitcoin price crash. Both meme coins have lost over 7% of their value, leaving investors speculating about the reasons behind the downturn.

在最近的比特币价格暴跌之后，柴犬和狗狗币的市场大幅下跌。这两种 Meme 币的价值均已下跌超过 7%，让投资者纷纷猜测经济低迷背后的原因。

Bitcoin's Influence

比特币的影响

The downward trend in Dogecoin and Shiba Inu prices mirrors Bitcoin's recent sell-offs. Bitcoin's price plummeted to $57,000 due to sell-offs by the US and German governments.

狗狗币和柴犬价格的下跌趋势反映了比特币最近的抛售。由于美国和德国政府的抛售，比特币的价格暴跌至 57,000 美元。

On-chain data platform Arkham Intelligence reported transactions from BTC wallets linked to both governments. The German government sent $29.95 million worth of BTC to the Bitstamp crypto exchange, indicating a potential sell-off.

链上数据平台 Arkham Intelligence 报告了与两国政府相关的 BTC 钱包的交易。德国政府向 Bitstamp 加密货币交易所发送了价值 2995 万美元的 BTC，这表明可能出现抛售。

Another transaction involving 249.43 BTC was associated with the US government. However, it was not sent to a centralized exchange like Bitstamp but rather to an unknown wallet. This could indicate an over-the-counter (OTC) transaction, which avoids exchange fees.

另一项涉及 249.43 BTC 的交易与美国政府有关。然而，它并没有被发送到像 Bitstamp 这样的中心化交易所，而是被发送到一个未知的钱包。这可能表明是场外交易（OTC），可以避免交易费用。

Bears in Control

熊掌权

Despite their resilience during the market crash, Dogecoin and Shiba Inu have succumbed to bearish pressure. Dogecoin has dropped 7% to $0.11, while Shiba Inu has shed 8% to $0.0000153, marking a decline of over 50% from its early 2024 peak.

尽管狗狗币和柴犬在市场崩盘期间表现强劲，但它们还是屈服于看跌压力。狗狗币下跌 7%，至 0.11 美元，而柴犬币则下跌 8%，至 0.0000153 美元，较 2024 年初的峰值下跌超过 50%。

Market Outlook

市场展望

The future trajectory of Dogecoin and Shiba Inu prices hinges heavily on Bitcoin's price recovery. As Bitcoin leads the market direction, a reversal in its downtrend is expected to positively impact these meme coins.

狗狗币和柴犬价格的未来走势在很大程度上取决于比特币的价格复苏。随着比特币引领市场方向，其下跌趋势的逆转预计将对这些模因币产生积极影响。