比特幣（BTC），以太坊（ETH）和XRP價格下跌，因為鯨魚的拋售，ETF流出和經濟衰退的擔憂在加密貨幣市場上壓重。

比特幣（BTC）的價格領導了以太坊（ETH）和XRP領導的更廣泛的Altcoin市場，在過去的24小時內看待看跌。旗艦硬幣下降了1％

Bitcoin (BTC) price slipped on Thursday, taking Ethereum (ETH) and XRP to lower lows in the past 24 hours. The flagship cryptocurrency dropped over 1 percent in the last 24 hours to trade about $83,3k by 07:15 ET.

比特幣（BTC）的價格在周四下跌，在過去的24小時內將以太坊（ETH）和XRP降低。在過去的24小時內，旗艦加密貨幣在美國東部時間07:15的交易中下降了1％以上。

Ethereum price slipped around 2 percent in the last 24 hours to trade around $1,824 at the time of this writing. Ripple Labs’ XRP recorded similar losses to trade below $2 for the first time in April.

在過去的24小時內，以太坊的價格下跌了約2％，在撰寫本文時交易約1,824美元。 Ripple Labs的XRP記錄了與4月首次交易低於2美元的交易相似的損失。

Here are the top reasons why BTC, ETH, and XRP dropped:

以下是BTC，ETH和XRP下降的主要原因：

Mixed Reactions From Whale Activities

鯨魚活動的混合反應

According to on-chain data analysis, long-term Bitcoin holders have acted differently from the ongoing accumulation by public companies. For the past few months, public companies have purchased 95k BTCs while long-term holders have offloaded 178k BTCs. With the notable cash outflows from the U.S. spot BTC and Ether ETFs in the past few months, the crypto market was prone to bearish sentiment.

根據鏈上數據分析，長期比特幣持有人的行為與上市公司的持續積累不同。在過去的幾個月中，上市公司購買了95K BTC，而長期持有人已卸貨178K BTC。在過去的幾個月中，隨著美國現貨BTC和Ether ETF的著名現金流出，加密貨幣市場容易產生看跌感。

Meanwhile, Ripple diluted the XRP market with 300 million coins from its monthly unlocks, which weighed down on the potential bullish outlook.

同時，Ripple用每月解鎖的3億硬幣稀釋了XRP市場，這對潛在的看漲前景降低了。

Bearish Technical Playbook

看跌技術劇本

Ethereum and XRP prices followed Bitcoin prices in a sudden correction, which caused a $500 million crypto liquidation in the past 24 hours. As Coinpedia previously pointed out, most of the crypto assets led by BTC have been forming a bearish continuation pattern, characterized by a rising wedge in a falling market.

以太坊和XRP的價格在比特幣價格突然進行了更正，這在過去24小時內導致了5億美元的加密貨幣清算。正如Coinpedia先前指出的那樣，由BTC領導的大多數加密資產都形成了看跌延續模式，其特徵是在下降的市場中升起的楔子。

The crypto correlation with major stock indexes and gold markets has significantly declined in the recent past. The short-term macroeconomic uncertainty has pushed more investors to the gold market and away from tech and crypto assets.

最近，與主要股票指數和黃金市場的加密相關性在最近有所下降。短期的宏觀經濟不確定性使更多的投資者進入了黃金市場，並遠離了技術和加密資產。

Trade Wars Increasing Odds For Recession In 2025

貿易戰增加了2025年經濟衰退的機率

Following the announcement of the reciprocal tariffs by U.S. President Donald Trump on Wednesday, the odds of a recession in major economies significantly surged. According to the Polymarket, the offs of a U.S. recession in 2025 surged by 32 percent to around 51 percent chance on Thursday.

在周三美國總統唐納德·特朗普（Donald Trump）宣布互惠關稅之後，主要經濟體經濟衰退的機率大大飆升。據PolyMarket稱，2025年美國衰退的境地飆升了32％，至週四的機會約為51％。

Although a recession is considered bullish for the crypto market, the fear of short-term bearish sentiment was palpable. Moreover, the new tariffs will significantly disrupt global supply chains, and possibly cause financial strains to middle and low-income households.

儘管經濟衰退被認為是對加密貨幣市場的看漲，但對短期看跌感情的恐懼是顯而易見的。此外，新的關稅將大大破壞全球供應鏈，並可能導致中等和低收入家庭的財務壓力。

What Next?

接下來是什麼？

The crypto market has approached a crucial pivotal moment, which could either trigger a parabolic rally in the coming months or further pain. However, the ongoing rally of gold price has signaled a potential crypto recovery in the near term.

加密市場已經接近關鍵的關鍵時刻，這可能會在未來幾個月內引發拋物線集會，或者進一步痛苦。但是，持續的黃金價格集會表明，在短期內，潛在的加密貨幣恢復了。

Moreover, the crypto market has experienced significant pain since the pro-crypto Trump administration took office, signaling a potential relief rally in the near term.

此外，自Pro-Crypto Trump政府上任以來，加密貨幣市場遭受了巨大的痛苦，這表明潛在的救濟集會在短期內集會。