比特币（BTC），以太坊（ETH）和XRP价格下跌，因为鲸鱼的抛售，ETF流出和经济衰退的担忧在加密货币市场上压重。

比特币（BTC）的价格领导了以太坊（ETH）和XRP领导的更广泛的Altcoin市场，在过去的24小时内看待看跌。旗舰硬币下降了1％

Bitcoin (BTC) price slipped on Thursday, taking Ethereum (ETH) and XRP to lower lows in the past 24 hours. The flagship cryptocurrency dropped over 1 percent in the last 24 hours to trade about $83,3k by 07:15 ET.

比特币（BTC）的价格在周四下跌，在过去的24小时内将以太坊（ETH）和XRP降低。在过去的24小时内，旗舰加密货币在美国东部时间07:15的交易中下降了1％以上。

Ethereum price slipped around 2 percent in the last 24 hours to trade around $1,824 at the time of this writing. Ripple Labs’ XRP recorded similar losses to trade below $2 for the first time in April.

在过去的24小时内，以太坊的价格下跌了约2％，在撰写本文时交易约1,824美元。 Ripple Labs的XRP记录了与4月首次交易低于2美元的交易相似的损失。

Here are the top reasons why BTC, ETH, and XRP dropped:

以下是BTC，ETH和XRP下降的主要原因：

Mixed Reactions From Whale Activities

鲸鱼活动的混合反应

According to on-chain data analysis, long-term Bitcoin holders have acted differently from the ongoing accumulation by public companies. For the past few months, public companies have purchased 95k BTCs while long-term holders have offloaded 178k BTCs. With the notable cash outflows from the U.S. spot BTC and Ether ETFs in the past few months, the crypto market was prone to bearish sentiment.

根据链上数据分析，长期比特币持有人的行为与上市公司的持续积累不同。在过去的几个月中，上市公司购买了95K BTC，而长期持有人已卸货178K BTC。在过去的几个月中，随着美国现货BTC和Ether ETF的著名现金流出，加密货币市场容易产生看跌感。

Meanwhile, Ripple diluted the XRP market with 300 million coins from its monthly unlocks, which weighed down on the potential bullish outlook.

同时，Ripple用每月解锁的3亿硬币稀释了XRP市场，这对潜在的看涨前景降低了。

Bearish Technical Playbook

看跌技术剧本

Ethereum and XRP prices followed Bitcoin prices in a sudden correction, which caused a $500 million crypto liquidation in the past 24 hours. As Coinpedia previously pointed out, most of the crypto assets led by BTC have been forming a bearish continuation pattern, characterized by a rising wedge in a falling market.

以太坊和XRP的价格在比特币价格突然进行了更正，这在过去24小时内导致了5亿美元的加密货币清算。正如Coinpedia先前指出的那样，由BTC领导的大多数加密资产都形成了看跌延续模式，其特征是在下降的市场中升起的楔子。

The crypto correlation with major stock indexes and gold markets has significantly declined in the recent past. The short-term macroeconomic uncertainty has pushed more investors to the gold market and away from tech and crypto assets.

最近，与主要股票指数和黄金市场的加密相关性在最近有所下降。短期的宏观经济不确定性使更多的投资者进入了黄金市场，并远离了技术和加密资产。

Trade Wars Increasing Odds For Recession In 2025

贸易战增加了2025年经济衰退的几率

Following the announcement of the reciprocal tariffs by U.S. President Donald Trump on Wednesday, the odds of a recession in major economies significantly surged. According to the Polymarket, the offs of a U.S. recession in 2025 surged by 32 percent to around 51 percent chance on Thursday.

在周三美国总统唐纳德·特朗普（Donald Trump）宣布互惠关税之后，主要经济体经济衰退的几率大大飙升。据PolyMarket称，2025年美国衰退的境地飙升了32％，至周四的机会约为51％。

Although a recession is considered bullish for the crypto market, the fear of short-term bearish sentiment was palpable. Moreover, the new tariffs will significantly disrupt global supply chains, and possibly cause financial strains to middle and low-income households.

尽管经济衰退被认为是对加密货币市场的看涨，但对短期看跌感情的恐惧是显而易见的。此外，新的关税将大大破坏全球供应链，并可能导致中等和低收入家庭的财务压力。

What Next?

接下来是什么？

The crypto market has approached a crucial pivotal moment, which could either trigger a parabolic rally in the coming months or further pain. However, the ongoing rally of gold price has signaled a potential crypto recovery in the near term.

加密市场已经接近关键的关键时刻，这可能会在未来几个月内引发抛物线集会，或者进一步痛苦。但是，持续的黄金价格集会表明，在短期内，潜在的加密货币恢复了。

Moreover, the crypto market has experienced significant pain since the pro-crypto Trump administration took office, signaling a potential relief rally in the near term.

此外，自Pro-Crypto Trump政府上任以来，加密货币市场遭受了巨大的痛苦，这表明潜在的救济集会在短期内集会。