比特幣減半前波動性飆升，在市場投機中超越以太坊

在人們對即將到來的比特幣減半的預期中，領先的加密貨幣的波動性已經超過了以太幣，達到了多年來的新高。比特幣的 30 天波動率已達 60%，明顯超過以太幣 10% 以上。在波動性激增之前，比特幣經歷了一段相對穩定的時期，這歸因於美國證券交易委員會批准比特幣 ETF 以及隨後現貨比特幣 ETF 市場的成長。

Bitcoin Volatility Surges Ahead of Halving, Outpacing Ethereum amid Speculation

比特幣波動性在減半前飆升，在投機中超過以太坊

New York, March 14, 2024 - Bitcoin, the pioneering cryptocurrency known for its relative stability, has exhibited remarkable volatility in recent times. According to a comprehensive analysis by Kaiko, a leading analytics firm, Bitcoin's 30-day volatility has surpassed that of Ethereum, signaling heightened market uncertainty ahead of the highly anticipated bitcoin halving event.

紐約，2024 年 3 月 14 日 - 比特幣是一種以其相對穩定性而聞名的開創性加密貨幣，但近年來表現出顯著的波動性。根據領先分析公司Kaiko的綜合分析，比特幣的30天波動率已超過以太坊，這表明在備受期待的比特幣減半事件之前，市場不確定性加劇。

Kaiko's data indicates that Bitcoin's 30-day volatility has spiked to 60%, decisively exceeding Ethereum's 30-day volatility by a significant margin. This widening gap in volatility between the two leading cryptocurrencies marks a multi-year high, underscoring the elevated levels of price fluctuations in the Bitcoin market.

Kaiko 的數據表明，比特幣的 30 天波動率已飆升至 60%，明顯超過了以太坊的 30 天波動率。兩種主要加密貨幣之間不斷擴大的波動性差距創下了多年來的新高，凸顯了比特幣市場價格波動的加劇。

Bitcoin's resurgence in volatility can be attributed to a confluence of factors, primarily driven by the impending halving event scheduled for April 2024. The halving, which occurs every four years, reduces the block reward for Bitcoin miners by half, potentially exerting upward pressure on the price of Bitcoin due to its reduced supply.

比特幣波動性的回升可歸因於多種因素的綜合作用，主要是由計劃於2024 年4 月即將到來的減半事件推動的。每四年發生一次的減半將使比特幣礦工的區區塊獎勵減少一半，可能對比特幣礦工施加上行壓力比特幣價格因供應量減少而下降。

Following the United States Securities and Exchange Commission's (SEC) approval of Bitcoin exchange-traded funds (ETFs) in late 2023, Bitcoin experienced a period of relative stability. The subsequent launch of the first spot Bitcoin ETF in early 2024 further bolstered the cryptocurrency's value, propelling it to a new all-time high of $73,700 on March 14, 2024.

自 2023 年底美國證券交易委員會 (SEC) 批准比特幣交易所交易基金 (ETF) 以來，比特幣經歷了相對穩定的時期。隨後於 2024 年初推出的首個現貨比特幣 ETF 進一步提振了該加密貨幣的價值，使其於 2024 年 3 月 14 日創下 73,700 美元的歷史新高。

However, as the halving event draws near, anticipations have surged, leading to increased volatility in the Bitcoin market. At the time of writing, Bitcoin is trading at $69,675, representing a modest decline of 0.79% over the past 24 hours. Despite the daily dip, Bitcoin has registered a notable 3.69% gain over the past week and an impressive 13.15% surge over the past month.

然而，隨著減半事件的臨近，預期激增，導致比特幣市場波動加劇。截至撰寫本文時，比特幣交易價格為 69,675 美元，在過去 24 小時內小幅下跌 0.79%。儘管每日下跌，比特幣在過去一周仍顯著上漲了 3.69％，在過去一個月中飆升了 13.15％。

In contrast, Ethereum, the second-largest cryptocurrency, is currently priced at $3,551, exhibiting a 1.90% decline in the past 24 hours. Despite the daily loss, Ethereum has maintained a steady trajectory, recording a 2.33% increase over the past week and a 4.66% surge over the past month.

相比之下，第二大加密貨幣以太幣目前價格為 3,551 美元，在過去 24 小時內下跌了 1.90%。儘管每日下跌，以太坊仍保持穩定軌跡，過去一周上漲 2.33%，過去一個月飆升 4.66%。

Greg Magadini, Director of Derivatives at Amberdata, a leading provider of digital asset data, observed that the bullish market positioning in the lead-up to the halving could potentially trigger a sell-off after the event. Magadini further noted that the Bitcoin options market is also being influenced by the anticipation surrounding the halving.

領先的數位資產數據提供商 Amberdata 衍生性商品總監 Greg Magadini 觀察到，減半前的看漲市場定位可能會在減半後引發拋售。馬加迪尼進一步指出，比特幣選擇權市場也受到減半預期的影響。

As the halving event approaches, market participants are closely monitoring the price movements of Bitcoin and Ethereum, anticipating potential shifts in volatility and market dynamics. The halving event carries significant implications for the cryptocurrency market, and its outcome will likely shape the trajectory of both Bitcoin and the broader digital asset landscape.

隨著減半事件的臨近，市場參與者正在密切關注比特幣和以太坊的價格走勢，預測波動性和市場動態的潛在變化。減半事件對加密貨幣市場產生重大影響，其結果可能會塑造比特幣和更廣泛的數位資產格局的軌跡。