隨著市場差異的繼續，比特幣（BTC）的表現優於山寨幣

最近幾週，比特幣（BTC）在加密貨幣市場上表現出顯著的韌性，與許多人相比，保持績效更強

Bitcoin (BTC) has shown surprising resilience in the cryptocurrency market of late, performing better than many altcoins. This divergence has attracted attention from investors, analysts, and market participants, as key metrics indicate that Bitcoin’s dominance continues to rise while altcoins face increasing struggles.

比特幣（BTC）最近在加密貨幣市場上表現出令人驚訝的彈性，其表現比許多Altcoins都更好。這種差異引起了投資者，分析師和市場參與者的關注，因為關鍵指標表明，比特幣的統治地位在不斷上升，而山寨幣面臨越來越多的鬥爭。

Bitcoin’s Performance and Market Standing

比特幣的性能和市場站立

Bitcoin is trading at around $95,491 as of February 12, 2025, down 2.14% from the previous close. Despite this minor setback, Bitcoin remains the leading cryptocurrency in terms of market capitalization, liquidity, and investor confidence. Bitcoin's price has fluctuated between an intraday high of $98,508 and a low of $94,864 over the last several weeks, showing relatively stable performance despite macroeconomic uncertainties.

截至2025年2月12日，比特幣的交易價格約為95,491美元，比以前的收盤價下降了2.14％。儘管有輕微的挫折，但就市值，流動性和投資者的信心而言，比特幣仍然是領先的加密貨幣。在過去幾週內，比特幣的價格在日內高價介於98,508美元和94,864美元之間的波動，儘管宏觀經濟不確定性，但表現出相對穩定的性能。

One of the key indicators of Bitcoin's market strength is its growing dominance. Market dominance refers to Bitcoin’s share of the total cryptocurrency market capitalization. The latest data shows that Bitcoin's market dominance has surged to approximately 58%, a level not seen since 2021. This increase suggests that investors are favoring Bitcoin over altcoins, possibly due to its perceived stability, historical resilience, and store-of-value properties.

比特幣市場實力的關鍵指標之一是它的統治地位越來越大。市場優勢是指比特幣在總加密貨幣市值中的份額。最新數據表明，比特幣的市場優勢已飆升至大約58％，這是自2021年以來從未見過的水平。這一增加表明投資者比比特幣相比比特幣比比特幣了，這可能是由於其可感知的穩定性，歷史韌性和價值儲存屬性所致。

Altcoins Face Declining Prices and Market Challenges

Altcoins面臨價格下降的價格和市場挑戰

While Bitcoin continues to attract strong investment interest, many altcoins are experiencing sharper declines. For example, Lido DAO Token (LDO) has dropped by approximately 4.05%, while Raydium (RAY) has suffered a significant 11.07% decline. These downturns illustrate a broader trend where smaller cryptocurrencies are struggling to maintain value and investor confidence.

儘管比特幣繼續吸引強大的投資興趣，但許多Altcoins正在越來越明顯。例如，Lido Dao Token（LDO）下降了約4.05％，而Raydium（Ray）的下降顯著下降了11.07％。這些低迷說明了一個更廣泛的趨勢，即較小的加密貨幣正在努力保持價值和投資者的信心。

One of the primary reasons behind this decline is the structural weakness in the altcoin market. Unlike Bitcoin, which benefits from widespread adoption and a well-established ecosystem, altcoins often rely on speculative interest, venture capital funding, and niche use cases. This dynamic creates a more volatile environment where investors may quickly move out of altcoins during uncertain market conditions.

這種下降背後的主要原因之一是Altcoin市場的結構弱點。與比特幣相比，比特幣受益於廣泛採用和公認的生態系統，而altcoins通常依靠投機性興趣，風險投資資金和利基市場用例。這種動態創造了一個更加動蕩的環境，在不確定的市場條件下，投資者可能會迅速離開Altcoins。

Key Metrics and Market Sentiment

關鍵指標和市場情緒

Several critical factors contribute to the growing divergence between Bitcoin and altcoins:

幾個關鍵因素導致比特幣和altcoins之間的分歧不斷增長：

Bitcoin is viewed as a primary store of value in the cryptocurrency market due to its stability, liquidity, and historical performance. In times of market uncertainty or risk aversion, investors tend to flock to Bitcoin, driving up its price relative to other cryptocurrencies. This dynamic is especially evident in the recent market downturn.

由於其穩定性，流動性和歷史表現，比特幣被視為加密貨幣市場中價值的主要存儲。在市場不確定性或規避風險時，投資者傾向於湧向比特幣，相對於其他加密貨幣提高了價格。在最近的市場下滑中，這種動態尤其明顯。

Many altcoins, on the other hand, are impacted by the "shitcoin" narrative, where a large number of smaller cryptocurrencies compete for attention and capital. While some projects may have genuine use cases and potential, the overall market structure makes it difficult for most altcoins to sustain significant growth or value appreciation.

另一方面，許多Altcoins受到“狗屎幣”敘述的影響，那裡有許多較小的加密貨幣爭奪關注和資本。儘管某些項目可能具有真正的用例和潛力，但總體市場結構使大多數Altcoins難以維持顯著的增長或價值升值。

As a result of these factors, Bitcoin's market dominance has continued to increase, while altcoins have faced steeper price declines and diminished investor interest. This divergence is likely to remain a defining characteristic of the cryptocurrency market in the coming weeks and months.

這些因素的結果，比特幣的市場優勢持續增加，而山寨幣的價格下降了，投資者的興趣下降了。在接下來的幾周和幾個月中，這種差異可能仍然是加密貨幣市場的定義特徵。

What This Means for Investors

這對投資者意味著什麼

Given the current market dynamics, investors should approach altcoins with caution. While some projects may offer high potential for growth, the overall risk remains elevated compared to Bitcoin. Many traders are choosing to consolidate their holdings into Bitcoin, which they view as a safer bet in the current market cycle.

鑑於當前的市場動態，投資者應謹慎對待Altcoins。儘管某些項目可能具有很高的增長潛力，但與比特幣相比，總體風險仍然升高。許多貿易商選擇將其持股合併為比特幣，他們認為這是當前市場週期中更安全的賭注。

For those still interested in altcoin investments, it is essential to conduct thorough research and focus on projects with strong fundamentals, real-world use cases, and active developer communities. Market participants should also be aware of external factors such as regulatory changes, technological developments, and broader economic trends that could further impact the performance of both Bitcoin and altcoins.

對於仍然對Altcoin Investments感興趣的人，必須進行徹底的研究並專注於具有強大基礎，現實世界中用例和活躍開發人員社區的項目。市場參與者還應意識到外部因素，例如監管變化，技術發展以及更廣泛的經濟趨勢，這些趨勢可能會進一步影響比特幣和替代幣的性能。