比特币（BTC）价格前景拖累加密货币股票下跌

自七个月前达到历史新高 73,750 美元以来，比特币陷入了同样的从持平到下跌的价格通道。

Bitcoin (CRYPTO: BTC) lost steam in recent days, dragging crypto stocks down with it.

比特币（CRYPTO：BTC）最近几天失去动力，拖累加密货币股票下跌。

What Happened: Bitcoin has been trading in a flat-to-down price channel since hitting a record high of $73,750 seven months ago.

发生了什么：自七个月前触及 73,750 美元的历史新高以来，比特币一直在从持平到下跌的价格通道中交易。

The last time Bitcoin approached the $70,000 level was in late July. After a few days, Bitcoin crashed to less than $52,000.

比特币上次接近 70,000 美元水平是在 7 月底。几天后，比特币跌至不足 52,000 美元。

At the time of writing, BTC’s price was $67,137, down 2.05% in the last 24 hours. Bitcoin’s recent price action showed a substantial decline from previous records.

截至撰写本文时，BTC 价格为 67,137 美元，过去 24 小时内下跌 2.05%。比特币最近的价格走势较之前的记录大幅下跌。

In the current cycle, BTC rose to as high as $69,499, with some analysts even predicting the price to reach $70,655.

在本周期中，BTC最高升至69,499美元，一些分析师甚至预测价格将达到70,655美元。

The ripple effect of Bitcoin’s price drop hit crypto stocks hard. In the last 24 hours, crypto stocks such as Coinbase (NASDAQ:COIN), MicroStrategy (NASDAQ:MSTR) and others recorded a decrease in price.

比特币价格下跌的连锁反应严重打击了加密货币股票。在过去 24 小时内，Coinbase（纳斯达克股票代码：COIN）、MicroStrategy（纳斯达克股票代码：MSTR）等加密股票价格出现下跌。

While COIN lost 4.6% of its value, MSTR dropped by 2.4% in just 24 hours.

COIN 的价值下跌了 4.6%，而 MSTR 在短短 24 小时内下跌了 2.4%。

Other crypto stocks that were affected by Bitcoin’s decreasing price include Bitfarms (NASDAQ:BITF), Riot Platforms (NASDAQ:RIOT), Hut 8 Corp (NASDAQ:HUT) and Marathon Digital (NASDAQ:MARA).

其他受比特币价格下跌影响的加密股票包括 Bitfarms (纳斯达克股票代码：BITF)、Riot Platforms (纳斯达克股票代码：RIOT)、Hut 8 Corp (纳斯达克股票代码：HUT) 和 Marathon Digital (纳斯达克股票代码：MARA)。

Bitfarms was down by 2.5%, Riot by 4%, HUT by 3.2% and MARA by 5%.

Bitfarms 下跌 2.5%，Riot 下跌 4%，HUT 下跌 3.2%，MARA 下跌 5%。

See More: Best Cryptocurrency Scanners

查看更多：最佳加密货币扫描仪

Cryptos Today: According to current market data, the global crypto market plunged by 1.93% to $2.32 trillion.

今日加密货币：根据当前市场数据，全球加密货币市场暴跌 1.93% 至 2.32 万亿美元。

From a broader market perspective, top assets such as Ethereum (CRYPTO: ETH), Cardano (CRYPTO: ADA) and BNB showed a muted outlook.

从更广泛的市场角度来看，以太坊（加密货币：ETH）、卡尔达诺（加密货币：ADA）和 BNB 等顶级资产前景黯淡。

One exception was Solana (CRYPTO: SOL), which recorded a 3.7% gain to $165, although it remained below its $170 peak over the weekend.

Solana（加密货币代码：SOL）是一个例外，该股上涨 3.7%，至 165 美元，但仍低于周末 170 美元的峰值。

Possible catalysts for today's market movements include a sharp increase in interest rates across Western economies.

今天市场走势的可能催化剂包括西方经济体利率的急剧上升。

Specifically, the US 10-Year Treasury yield and the German 10-Year Bund yield both rose by 10 basis points.

具体来说，美国10年期国债收益率和德国10年期国债收益率均上涨10个基点。

Generally, crypto prices are impacted by the same directional sentiment that influences retail stock investors.

一般来说，加密货币价格受到影响散户股票投资者的相同方向情绪的影响。

When rates increase, mainly due to monetary tightening to combat inflation, the cost of capital tends to rise.

当利率上升（主要是由于货币紧缩以对抗通货膨胀）时，资本成本往往会上升。

As a result, risk assets like Bitcoin lose their appeal, leading to a decrease in their value as rates continue to climb.

结果，像比特币这样的风险资产失去了吸引力，导致其价值随着利率持续攀升而下降。

Esperanza on Catalysts to Watch: Whales, ETF Boost

埃斯佩兰萨谈值得关注的催化剂：鲸鱼、ETF 提振

In the unfolding market trend, key catalysts could determine the future trajectory of Bitcoin's price.

在不断发展的市场趋势中，关键催化剂可能决定比特币价格的未来轨迹。

The first pertains to the actions of Bitcoin whales.

第一个与比特币鲸鱼的行为有关。

On Sunday, Oct. 20, Whale Alert reported a dormant whale making its first transaction in 13.4 years.

10 月 20 日星期日，Whale Alert 报道称，一头休眠鲸鱼进行了 13.4 年来的首次交易。

When old BTC whales re-emerge, it is typically considered a bearish sign that could precede a sell-off in the market.

当旧的比特币鲸鱼重新出现时，通常被认为是市场抛售之前的看跌信号。

The logic follows that old holders are resurfacing to cash out on their holdings. Many market participants believe that if more Bitcoin whale addresses continue to emerge, it could lead to further downside for Bitcoin.

其逻辑是，老持有者正在重新露面以套现其持有的股票。许多市场参与者认为，如果更多的比特币鲸鱼地址继续出现，可能会导致比特币进一步下跌。

Another factor to watch is the performance of US spot Bitcoin Exchange-Traded Funds (ETFs).

另一个值得关注的因素是美国现货比特币交易所交易基金（ETF）的表现。

Bitcoin ETFs recorded an impressive $20.66 billion in net inflows between Oct. 1 and 17. This recent surge in inflows indicates that Bitcoin continues to be a hot topic among institutional players.

10 月 1 日至 17 日期间，比特币 ETF 录得令人印象深刻的 206.6 亿美元净流入。近期资金流入激增表明，比特币仍然是机构参与者的热门话题。

If this trend continues, we could see BTC price attempt to reclaim its previous highs or even move higher.

如果这种趋势持续下去，我们可能会看到比特币价格试图恢复之前的高点，甚至走高。