投資者在聯準會決定前拋售加密貨幣，比特幣暴跌

比特幣經歷了第三天的下跌，創下了自 2022 年底以來最差的月度表現。儘管呈下降趨勢，比特幣今年迄今仍上漲了 35%，價值比前一年增加了一倍。最近的暴跌歸因於獲利了結以及預期聯準會今年可能不會降息後投資者情緒的轉變。

Bitcoin Plunges Further: Investors Shed Crypto Holdings Ahead of Federal Reserve Decision

比特幣進一步暴跌：投資者在聯準會決定之前拋售加密貨幣

London, April 26: Bitcoin's downward trajectory continued for a third consecutive day on Wednesday, extending its worst monthly performance since late 2022. Amidst heightened investor anxiety, the flagship cryptocurrency witnessed a decline of nearly 4.7%, plummeting to its lowest level since late February at $57,055.

倫敦，4 月26 日：週三，比特幣連續第三天下跌，延續了2022 年底以來最糟糕的月度表現。的最低水準57,055 美元。

Investors have been actively withdrawing funds from cryptocurrencies in anticipation of an imminent interest rate decision by the Federal Reserve. The value of Bitcoin has nosedived by approximately 16% in April alone, as investors sought to secure profits following a robust rally that had driven the price to record highs exceeding $70,000.

由於預期聯準會即將做出利率決定，投資人一直在積極從加密貨幣中撤出資金。僅在 4 月份，比特幣的價值就暴跌約 16%，因為投資者在強勁反彈推動比特幣價格創下超過 70,000 美元的歷史新高後尋求獲利。

Ethereum, the second-largest cryptocurrency by market capitalization, also experienced losses, though they were less significant. Ether declined by 3.6% to $2,857, marking its weakest position since February.

以市值計算的第二大加密貨幣以太坊也遭受了損失，儘管損失較小。以太幣下跌 3.6% 至 2,857 美元，創下 2 月以來的最低水準。

Bitcoin's current price represents a significant 22% decline from its all-time high of $73,803 set in March, technically classifying it as within a bear market. Despite this setback, Bitcoin remains 35% higher than it was at the beginning of the year, and it has doubled in value over the past 12 months.

比特幣目前的價格較 3 月創下的歷史高點 73,803 美元大幅下跌 22%，從技術上講，比特幣屬於熊市。儘管遭遇這一挫折，比特幣仍比年初上漲 35%，並且在過去 12 個月內價值翻了一番。

According to Fineqia research analyst Matteo Greco, the recent downtrend can be attributed to profit-taking by investors who entered the market during the downturns of 2022 and 2023, as well as ETF investors who have experienced substantial price appreciation on their shares since entering the market earlier this year.

Fineqia研究分析師Matteo Greco表示，近期的下跌趨勢可歸因於在2022年和2023年經濟低迷時期進入市場的投資者以及自進入市場以來股價大幅上漲的ETF投資者的獲利了結今年早些時候。

The Federal Reserve's monetary policy stance is also influencing investor sentiment. While no interest rate changes are anticipated at this meeting, there is a growing belief among investors that the central bank may not lower rates at all this year. This outlook has weighed heavily on interest rate-sensitive assets, including cryptocurrencies, emerging market stocks and bonds, and even commodities. Investors have responded accordingly, resulting in the largest weekly outflow from 10 major US spot bitcoin ETFs since their inception in January.

聯準會的貨幣政策立場也影響著投資人的情緒。儘管預計本次會議不會調整利率，但投資人越來越相信央行今年可能根本不會降息。這種前景嚴重影響了利率敏感資產，包括加密貨幣、新興市場股票和債券，甚至大宗商品。投資者做出了相應反應，導緻美國 10 隻主要現貨比特幣 ETF 出現自 1 月推出以來最大的周流出量。

According to data from LSEG, outflows this week have reached $496 million, primarily due to a slowdown in inflows into BlackRock's iShares Bitcoin Trust, the largest ETF in terms of holdings.

根據 LSEG 的數據，本週資金流出已達 4.96 億美元，主要是由於貝萊德旗下持有量最大的 ETF iShares Bitcoin Trust 的資金流入放緩。

Bitcoin's so-called "halving event," which occurred on April 20, has failed to provide meaningful support to its price. Since the event, which involves a change to the cryptocurrency's underlying technology designed to reduce the rate at which new bitcoins are created, Bitcoin has shed approximately 15%. Many investors had anticipated that the halving event would underpin the price, but those expectations have not materialized.

4月20日發生的比特幣所謂「減半事件」未能為其價格提供有意義的支撐。該事件涉及對加密貨幣底層技術進行更改，旨在降低新比特幣的創建速度，自該事件以來，比特幣已下跌約 15%。許多投資者曾預期減半事件將支撐價格，但這些預期並未實現。