Cryptocurrency prices have continued to decline, with major coins losing significant value in the past 24 hours.

加密货币价格继续下跌，在过去的24小时内，主要硬币损失了显着的价值。

Solana (SOL) has fallen by 14%, bringing its losses over the past seven days to more than 20%. Dogecoin (DOGE), XRP, and Ethereum (ETH) have all declined by more than 8%. Bitcoin has lost the $92,000 level, a potential sign of further weakness.

Solana（Sol）下降了14％，在过去的7天中损失至20％以上。 Dogecoin（Doge），XRP和以太坊（ETH）都下降了8％以上。比特币失去了92,000美元的水平，这是进一步疲软的潜在迹象。

Overall, the cryptocurrency market capitalization has dropped by 6.6%. The CoinDesk 20 (CD20) index, which tracks the largest coins, has fallen by more than 7%.

总体而言，加密货币市值下降了6.6％。跟踪最大硬币的Coindesk 20（CD20）指数下降了7％以上。

Traders are citing a lack of positive catalysts and bearish sentiment as reasons for the decline. However, some experts believe the market may be overreacting.

交易者认为缺乏积极的催化剂和看跌感情是衰落的原因。但是，一些专家认为市场可能反应过度。

Jeff Mei, COO of crypto exchange BTSE, said that key macroeconomic decisions will be crucial for supporting market growth. He noted that concerns about inflation and a pause in Federal Reserve rate cuts have weighed on markets, but weak economic data could lead to further action by the Fed.

Crypto Exchange BTSE的首席运营官Jeff Mei表示，关键的宏观经济决定对于支持市场增长至关重要。他指出，人们对通货膨胀和降低美联储削减税率的担忧对市场产生了影响，但疲软的经济数据可能会导致美联储的进一步行动。

Augustine Fan, head of insights at SignalPlus, said that the narrative of a slowdown is likely to continue in the near term, with stocks and bonds trading in tandem. He believes that markets are refocusing on the possibility of Fed easing, which could provide tailwinds for both gold and Bitcoin in the future.

SignalPlus的见解负责人奥古斯丁·范（Augustine Fan）表示，速度放缓的叙述很可能会在短期内继续进行，股票和债券的交易同时进行。他认为，市场正在重新集中于喂养缓解的可能性，这可能在未来为黄金和比特币提供逆风。

Data released earlier this month showed that the Consumer Price Index (CPI) surged by 0.5% month-over-month in January, leading investors to prefer cash positions or risk-off bets. Changes in CPI readings tend to impact cryptocurrencies, as investors view them as a hedge against inflation.

本月早些时候发布的数据显示，消费者价格指数（CPI）在1月份飙升了0.5％，使投资者更喜欢现金头寸或冒险赌注。 CPI读数的变化往往会影响加密货币，因为投资者将其视为抵制通货膨胀的对冲。