比特幣波動性在減半事件前飆升，震動了加密貨幣市場

包括比特幣和以太坊在內的主要加密貨幣週一晚間出現下跌，標誌著 2022 年第二季的負面開局。比特幣暴跌超過 5%，而以太坊和狗狗幣也出現了大幅下跌。比特幣的市場波動性仍然很高，超過以太坊近10個百分點。即將到來的 4 月 21 日比特幣獎勵減半將使礦工收入減少一半，可能會進一步加劇市場波動。

Volatility Surges in Cryptocurrency Market as Bitcoin Faces Halving Event

比特幣面臨減半事件，加密貨幣市場波動加劇

The cryptocurrency market faced a downturn on Monday, marking a negative start to the second quarter of 2023. Bitcoin (BTC), the flagship cryptocurrency, experienced a significant drop of over 5%, leading other major cryptocurrencies lower.

週一，加密貨幣市場遭遇低迷，標誌著 2023 年第二季的開局不利。旗艦加密貨幣比特幣 (BTC) 大幅下跌超過 5%，引領其他主要加密貨幣走低。

Bitcoin's Volatility Surpasses Ethereum

比特幣的波動性超越以太坊

Notably, Bitcoin's volatility has surged in recent weeks, surpassing that of Ethereum (ETH). The annualized 30-day historical volatility for Bitcoin spiked to almost 60% last week, marking a significant difference from ETH's 30-day realized volatility. This disparity in volatility is the widest it has been in at least a year, according to data from Kaiko. Historical volatility measures the level of price fluctuations observed over a specific period.

值得注意的是，最近幾週比特幣的波動性飆升，超過了以太幣（ETH）。比特幣的年化 30 天歷史波動率上週飆升至近 60%，與 ETH 的 30 天實際波動率有顯著差異。根據 Kaiko 的數據，這種波動性差異是至少一年來最大的。歷史波動率衡量特定時期內觀察到的價格波動程度。

Bitcoin Halving Approaches

比特幣減半將近

A key factor contributing to Bitcoin's heightened volatility is the upcoming halving event. Scheduled for April 21, this event occurs every four years and reduces the rate of Bitcoin emission per block by 50%. The halving effectively cuts miners' revenue in half, potentially leading to increased volatility in the cryptocurrency market.

導致比特幣波動加劇的關鍵因素是即將到來的減半事件。該事件定於 4 月 21 日舉行，每四年發生一次，並將每個區塊的比特幣排放率降低 50%。減半實際上使礦工的收入減少了一半，可能導致加密貨幣市場的波動加劇。

Top Gainers and Market Overview

漲幅最大者和市場概覽

Despite the overall market downturn, several altcoins experienced notable gains. Core (CORE) surged by 38.48%, Bittensor (TAO) gained 4.35%, and Bitget Token (BGB) rose by 1.62% over the past 24 hours.

儘管整體市場低迷，但幾種山寨幣仍取得了顯著的漲幅。過去24小時，Core（CORE）飆升38.48％，Bittensor（TAO）上漲4.35％，Bitget Token（BGB）上漲1.62％。

The global cryptocurrency market capitalization currently stands at $2.69 trillion, indicating a moderate increase of 1.63% in the past 24 hours.

目前全球加密貨幣市值為2.69兆美元，過去24小時小漲1.63%。

Stock Markets and Economic Indicators

股票市場和經濟指標

In traditional markets, the S&P 500 closed lower by 0.2%, while the Nasdaq Composite gained slightly by 0.11%. The Dow Jones Industrial Average also dipped at the beginning of the second quarter.

傳統市場方面，標普500指數收跌0.2%，那斯達克指數小幅上漲0.11%。道瓊工業指數也在第二季初下跌。

Investors are closely monitoring the Federal Reserve's approach to interest rate cuts and inflation. Federal Reserve Chair Jerome Powell recently stated that the economy is robust and inflation remains above the target. Following Powell's comments and a crucial inflation indicator, Treasury yields increased on Monday.

投資者正在密切關注聯準會的降息和通膨政策。聯準會主席鮑威爾近日表示，經濟強勁，通膨仍高於目標。在鮑威爾發表評論和關鍵通膨指標之後，美國公債殖利率週一上漲。

Analyst Notes

分析師筆記

Cryptocurrency analyst Michael Van de Poppe suggests that Bitcoin is currently consolidating. He identifies $67,000 as a crucial support level and $71,700 as a potential breakout point. Van de Poppe anticipates a final test of the all-time high before the halving event.

加密貨幣分析師 Michael Van de Poppe 表示，比特幣目前正在整合。他將 67,000 美元確定為關鍵支撐位，將 71,700 美元確定為潛在突破點。 Van de Poppe 預計在減半事件之前將最終測試歷史最高點。

Analyst Keith Alan highlights the increasing bid liquidity towards $60,000. While BTC has achieved seven consecutive green monthly closes, Alan emphasizes that there is no guarantee of a continuous upward trend.

分析師 Keith Alan 強調投標流動性不斷增加，接近 6 萬美元。儘管BTC已連續七個月收盤呈綠色，但艾倫強調，並不能保證持續上漲趨勢。

Analyst and economist Alex Krüger predicts that Bitcoin could reach new all-time highs soon. Based on the bullish trends in the crypto daily charts, Krüger anticipates an imminent surge for Bitcoin.

分析師兼經濟學家 Alex Krüger 預測，比特幣可能很快就會達到歷史新高。根據加密貨幣日線圖的看漲趨勢，克魯格預計比特幣即將飆升。