加密交易者將注意力從比特幣轉移到其他主要加密貨幣，尤其是以太坊和XRP。

鑑於過去幾週的資產佔據了資產，這是一個很好的跡象。

Crypto traders are turning their attention from Bitcoin to other major cryptocurrencies, most especially Ethereum and XRP.

加密交易者將注意力從比特幣轉移到其他主要加密貨幣，尤其是以太坊和XRP。

That’s a very good sign, given the beating the assets have taken over the last several weeks.

鑑於過去幾週的資產佔據了資產，這是一個很好的跡象。

Analysts at crypto exchange CEX.io say this is a sign of mounting confidence in altcoins.

Crypto Exchange Cex.io的分析師說，這表明對Altcoins有信心。

“These developments indicate potential capital rotation, as investors shift funds from Bitcoin to Ether and other altcoins in anticipation of better performance,” CEX.io analysts said.

Cex.io分析師說：“這些事態發展表明了潛在的資本輪換，因為投資者將資金從比特幣轉移到了以太幣和其他山寨幣，以期會取得更好的績效。”

Market in flux

市場中的市場

Indeed, DL News reported that whales have been piling into XRP this month.

確實，DL News報導說，鯨魚本月一直堆積到XRP。

Still, the crypto market is in flux and continues to struggle for momentum. The market has lost 27% of its value since peaking on December 17 and is now at $2.85 trillion.

儘管如此，加密貨幣市場仍處於不斷變化狀態，並繼續為動力而奮鬥。自12月17日達到頂峰以來，市場損失了其價值的27％，現在為2.85萬億美元。

So, signs of an altcoin resurgence spell relief for crypto investors.

因此，加密投資者的Altcoin復興緩解症狀的跡象。

Both XRP and Ethereum dominated trading volumes on crypto exchanges this year, CEX.io analysts noted.

Cex.io分析師指出，今年XRP和以太坊都在加密交易所的交易量中佔據了主導地位。

XRP volume leapt more than three-fold on Wednesday, the biggest trading spike for any major cryptocurrency this week.

XRP銷量在周三跳出三倍以上，這是本週任何主要加密貨幣的最大交易峰值。

That increase in volume more than doubled XRP’s crypto dominance to over 8% – the highest trading dominance for XRP since its price reached an all-time high in January 2018.

增加的量增加了XRP的加密占主導地位，提高到8％以上，這是XRP的最高交易優勢，因為其價格在2018年1月達到了歷史最高高位。

On Wednesday, Ripple CEO Brad Garlinghouse said the Securities and Exchange Commission will drop its case against the company.

Ripple首席執行官Brad Garlinghouse週三表示，美國證券交易委員會將對該公司撤銷其案件。

The SEC sued Ripple in 2020 for allegedly breaching US securities law in its sale of XRP to investors.

SEC於2020年起訴Ripple，據稱違反了美國證券法在向投資者出售XRP時違反了美國證券法。

While Garlinghouse hailed the development as a “resounding victory” and XRP rallied, the bump may not be long-lived.

當加林豪斯（Garlinghouse）稱這項開發是“振奮人心的勝利”和XRP集會時，顛簸可能不會長期存在。

Analysts at crypto business payment provider B2BINPay told DL News that investor enthusiasm for XRP will depend on “future events.”

加密貨幣付款提供商B2BINPAY的分析師告訴DL News，對XRP的投資者熱情將取決於“未來事件”。

For Osama Bari, chief technology officer at business payment group D24 Fintech Group, an XRP ETF might be the next growth driver for the Ripple-linked cryptocurrency.

對於商業支付集團D24金融科技集團首席技術官Osama Bari來說，XRP ETF可能是連續連接的加密貨幣的下一個增長驅動力。

“If the SEC drops its appeal against Ripple and an XRP ETF is approved, prices may revisit previous highs or even reach new levels,” Bari said earlier this week.

巴里本週早些時候表示：“如果SEC對Ripple撤出上訴，並批准了XRP ETF，則價格可能會重新審視以前的高點，甚至達到新水平。”

Ethereum dominance

以太坊優勢

Ethereum’s market dominance was also boosted this week with a 96% increase in daily trading volume.

本週，以太坊的市場優勢也得到了提高，每日交易量增加了96％。

Not only that, but Ethereum’s selling pressure has begun to wane even while short-term Bitcoin holders have been ditching the top cryptocurrency.

不僅如此，即使短期比特幣持有者一直在拋棄頂級加密貨幣，以太坊的銷售壓力也開始消失。

Market analysts say Ethereum’s reduced selling pressure compared to Bitcoin indicates the former is likely to experience a faster price recovery, at least in the short term.

市場分析人士說，與比特幣相比，以太坊的銷售壓力降低表明，至少在短期內，前者可能會經歷更快的價格恢復。