XRP 在市場調整中暴跌

在加密貨幣市場整體下滑的情況下，XRP 面臨巨大的下行壓力，跌破關鍵的 0.60 美元關口。下跌的原因包括整體市場低迷、美國PMI數據的發布顯示經濟走強，促使人們從加密貨幣轉向更安全的資產，以及鯨魚和機構的大規模拋售。

XRP Experiences Significant Decline Amidst Broader Market Downturn

XRP 在更廣泛的市場低迷中經歷大幅下跌

Economic Indicators Shift Investor Sentiment, Triggering Flight from Cryptocurrencies

經濟指標改變投資者情緒，引發加密貨幣逃離

XRP, a renowned digital currency, has witnessed a substantial depreciation, plummeting below the critical $0.60 price threshold. The recent turbulence in the broader market has exacerbated XRP's decline, prompting scrutiny into the underlying factors contributing to its devaluation.

著名的數位貨幣 XRP 大幅貶值，跌破 0.60 美元的關鍵價格門檻。近期大盤的動盪加劇了 XRP 的跌勢，促使人們對其貶值的潛在因素進行審查。

Correlation with Bitcoin's Path

與比特幣路徑的相關性

XRP's recent price trajectory has been influenced by several key factors, not least of which is the overall crypto market downturn. The value of most cryptocurrencies has experienced a notable decline in the current month, with Bitcoin, Ethereum, and Solana all facing substantial losses. Bitcoin's price has diminished by approximately 6.70%, while Ethereum and Solana have registered declines of 8% and 10%, respectively. This broader market weakness has had a cascading effect on XRP, resulting in a comparable reduction in its value.

XRP 最近的價格軌跡受到幾個關鍵因素的影響，其中最重要的是整體加密市場的低迷。大多數加密貨幣的價值在本月都經歷了顯著下跌，比特幣、以太坊和 Solana 都面臨大幅損失。比特幣的價格下跌了約 6.70%，而以太坊和 Solana 的跌幅分別為 8% 和 10%。這種更廣泛的市場疲軟對 XRP 產生了連鎖反應，導致其價值相應下降。

Economic Indicators Dampen Sentiment

經濟指標打擊市場情緒

Macroeconomic shifts, particularly within the United States, have also played a role in the recent downturn of the broader cryptocurrency market. The reduction in the US Manufacturing Purchasing Managers' Index (PMI) for March, from 52.2 to 50.3, has tempered expectations of a potential Federal Reserve rate cut in June, with the probability decreasing from 60% to 56.9%.

宏觀經濟的變化，尤其是美國國內的宏觀經濟變化，也在最近更廣泛的加密貨幣市場的低迷中發揮了作用。美國3月製造業採購經理指數（PMI）從52.2下降至50.3，降低了聯準會6月可能降息的預期，機率從60%下降至56.9%。

Despite Fed Chair Jerome Powell's comments suggesting a cautious approach to rate cuts, the latest manufacturing data indicates a potentially stronger economy. Consequently, investors are reallocating their capital from cryptocurrencies to safer assets such as bonds, reflecting a heightened aversion to risk amidst economic uncertainties.

儘管聯準會主席鮑威爾表示對降息採取謹慎態度，但最新的製造業數據顯示經濟可能走強。因此，投資者正在將資金從加密貨幣重新配置到債券等更安全的資產，反映出經濟不確定性下人們對風險的厭惡程度加劇。

Distribution Pressure from Whales and Institutions

來自鯨魚和機構的分配壓力

Compounding the bearish pressure on XRP is a distribution campaign initiated by whales and major institutions. Data from Santiment reveals that three tiers of addresses holding substantial XRP balances have consistently reduced their holdings since the beginning of the year. Investors holding between 10,000 to 100,000 XRP have collectively decreased their balances from 6.86 billion XRP on January 1st to 6.77 billion currently.

由鯨魚和主要機構發起的分配活動加劇了 XRP 的看跌壓力。 Santiment 的數據顯示，自今年年初以來，持有大量 XRP 餘額的三層位址不斷減少其持有量。持有 10,000 至 100,000 XRP 的投資者的餘額已從 1 月 1 日的 68.6 億減少至目前的 67.7 億。

Meanwhile, addresses holding between 100,000 to 1,000,000 XRP have witnessed a decline in their balance from 6.72 billion to 6.63 billion XRP during the same period. Similarly, whale addresses with holdings ranging from 1,000,000 to 10,000,000 XRP have reduced their cumulative balance from 3.72 billion on January 1st to 3.63 billion today. This sustained selloff has contributed to XRP's downward pressure as investors diversify their portfolios in search of more lucrative opportunities.

同時，持有 100,000 至 1,000,000 XRP 的地址的餘額在同一時期從 67.2 億減少至 66.3 億。同樣，持有 1,000,000 至 10,000,000 XRP 的鯨魚地址的累積餘額從 1 月 1 日的 37.2 億減少到今天的 36.3 億。隨著投資者分散投資組合以尋找更有利可圖的機會，這種持續的拋售加劇了 XRP 的下行壓力。

XRP Price Analysis

XRP 價格分析

Despite outperforming the broader market during the ongoing downturn, XRP continues to underperform on a year-to-date basis. The token currently trades at $0.5906, having breached the critical $0.60 support level.

儘管在持續的低迷時期表現優於大盤，但 XRP 年初至今的表現仍然不佳。該代幣目前的交易價格為 0.5906 美元，突破了 0.60 美元的關鍵支撐位。