聯準會鷹派講話後，比特幣（BTC）市場暴跌，引發 XRP 等山寨幣崩盤

在過去的 24 小時內，加密貨幣市場經歷了嚴重的動盪，比特幣價格暴跌引發了 XRP 等山寨幣的崩盤。

Bitcoin price dropped sharply on Wednesday, December 18, sparking a sell-off in the altcoin market. XRP price tanked 19% as the market reacted to the latest Federal Reserve statement.

12 月 18 日星期三，比特幣價格大幅下跌，引發山寨幣市場拋售。隨著市場對聯準會最新聲明的反應，XRP 價格下跌 19%。

Bitcoin price experienced a steep decline over the last 24 hours, triggering a sell-off in the altcoin market. The sell-off saw XRP price drop sharply.

比特幣價格在過去 24 小時內經歷了急劇下跌，引發了山寨幣市場的拋售。此次拋售導致 XRP 價格大幅下跌。

Bitcoin price dropped as much as 7.2% on Wednesday. After rallying to highs above the $106,500 price point on Binance, BTC crashed to lows around the $98,800 mark.

週三，比特幣價格下跌 7.2%。在幣安價格升至 106,500 美元以上的高點後，BTC 跌至 98,800 美元附近的低點。

The sell-off in Bitcoin also saw the market leader lose the key support of the 200-day Simple Moving Average (SMA). At press time, BTC price attempted to recover from the sell-off and was trading at around the $101,300 price point.

比特幣的拋售也導致市場領導者失去了 200 天簡單移動平均線 (SMA) 的關鍵支撐。截至發稿時，BTC 價格試圖從拋售中恢復過來，交易價格約為 101,300 美元。

Bitcoin price dropped sharply on Wednesday.

週三比特幣價格大幅下跌。

As Bitcoin price crashed, the market experienced liquidations of over $800 million, according to data from CoinGlass at the time of writing.

根據 CoinGlass 在撰寫本文時的數據，隨著比特幣價格暴跌，市場經歷了超過 8 億美元的清算。

The sell-off in the crypto market on Wednesday came as several analysts linked the decline to Federal Reserve Chair Jerome Powell's speech following the December 2024 Federal Open Market Committee (FOMC) meeting.

週三加密貨幣市場出現拋售，幾位分析師將此次下跌與聯準會主席鮑威爾 (Jerome Powell) 在 2024 年 12 月聯邦公開市場委員會 (FOMC) 會議後的講話聯繫起來。

While the Fed cut rates by 25 basis points to the 4.25-4.5% range as expected, Powell rattled markets with statements suggesting that the apex bank's fight with inflation was far from over and interest rates were now likely to remain higher for longer.

儘管聯準會按照預期降息25 個基點至4.25-4.5% 的區間，但鮑威爾的聲明暗示這家頂級銀行與通膨的鬥爭遠未結束，利率現在可能會在更長時間內保持在較高水平，這令市場感到不安。

Powell disclosed that the most recent 25 bps rate cut was a “closer call” as opposed to market expectations heading into the FOMC that it was a certainty.

鮑威爾透露，最近一次降息 25 個基點是“千鈞一發”，而不是市場預期 FOMC 降息是板上釘釘的事。

The Fed now expects to see inflation at 2.5% in 2025, up 0.4% from its initial 2.1% projection in September 2024 and much higher than its 2% target.

聯準會目前預期 2025 年通膨率為 2.5%，較 2024 年 9 月最初預測的 2.1% 上升 0.4%，遠高於 2% 的目標。

As such, the central bank now looks to only cut lending rates by two-quarter points in 2025, down from the initially projected four, all of which could slow the influx of capital to risk markets like crypto.

因此，央行現在預計到 2025 年只會將貸款利率降低兩個季度，低於最初預計的四個百分點，所有這些都可能減緩資本流入加密貨幣等風險市場的速度。

“It wasn’t today’s 25 bps cut that made markets freak out—it was the realization that inflation might stick around longer, and the Fed’s not quite ready to take its foot off the gas. Sentiment is shifting, and 2025 suddenly looks a lot less rosy,” prominent crypto analyst Ali Martinez explained on X.

「讓市場感到恐慌的並不是今天的 25 個基點的降息，而是人們意識到通膨可能會持續更長時間，而聯準會還沒有準備好放鬆警惕。市場情緒正在發生變化，2025 年突然看起來不那麼樂觀了。

Meanwhile, Powell also scuttled hopes that the Donald Trump administration would launch a Bitcoin national reserve. The Fed chair contended that the law did not allow the central bank to hold the digital asset, adding that the bank was not looking to change the law.

同時，鮑威爾也讓唐納德·川普政府建立比特幣國家儲備的希望落空。聯準會主席辯稱，法律不允許央行持有數位資產，並補充說銀行不打算修改法律。

Markets Ticking Up

市場回升

Following the initial knee-jerk reaction, some crypto assets have started paring losses. BTC, for one, is back above the $100,000 price level, trading near the $101,300 price point but still down about 5% from its Wednesday highs.

在最初的下意識反應之後，一些加密資產已經開始減少損失。例如，BTC 回到 10 萬美元的價格水準之上，交易價格接近 101,300 美元，但仍較週三高點下跌約 5%。

ETH has also recovered to trade at nearly around the $3,700 price point, while XRP trades close to $2.35.

ETH 也恢復到接近 3,700 美元的價格點，而 XRP 的交易價格接近 2.35 美元。

As the sell-off in Bitcoin price appeared to slow down, several analysts advised investors to remain calm and avoid panic selling.

隨著比特幣價格的拋售似乎放緩，一些分析師建議投資者保持冷靜，避免恐慌性拋售。

While 2025 may now look less exciting for risk markets than previously expected, analysts like Ali Martinez maintain that investors should bid their time and not panic sell.

儘管 2025 年對於風險市場來說可能不如之前預期那麼令人興奮，但阿里·馬丁內斯 (Ali Martinez) 等分析師堅持認為，投資者應該把握時機，而不是恐慌性拋售。