比特币市场在重大事件中波动：交易所余额下降，减半迫在眉睫

过去24小时内，比特币市场出现大幅波动，价格在70,627.96美元至69,076.65美元之间波动。与此同时，比特币市值上涨0.50%，而24小时交易量下降25%。值得注意的趋势包括比特币交易余额减少，自 2018 年以来首次跌至 180 万比特币以下，以及迄今为止最大的美元代币 (USDC) 向 Coinbase 的转移。专家预测，即将到来的比特币减半事件，加上外汇余额减少，可能会导致供应紧张和价格上涨。

Bitcoin Market Fluctuates Amidst Key Developments: Exchange Balances Plummet, Halving Event Anticipated

比特币市场在关键发展中波动：交易所余额暴跌，减半事件预期

In the realm of digital finance, the Bitcoin market has emerged as a focal point of intrigue and speculation, as the leading cryptocurrency navigates a dynamic landscape shaped by crucial developments. Within the past 24 hours, Bitcoin (BTC) has exhibited erratic price movements, oscillating between an intraday high of $70,627.96 and a low of $69,076.65. This volatility unfolds amidst a backdrop of significant events shaping the cryptocurrency market, particularly for Bitcoin.

在数字金融领域，比特币市场已成为阴谋和投机的焦点，因为领先的加密货币在关键发展所塑造的动态格局中航行。在过去 24 小时内，比特币 (BTC) 的价格走势不稳定，在盘中高点 70,627.96 美元和低点 69,076.65 美元之间波动。这种波动是在影响加密货币市场（尤其是比特币）的重大事件的背景下发生的。

Declining Exchange Balances: A Prelude to Supply Crunch

外汇余额下降：供应紧缩的前奏

A pivotal trend influencing the Bitcoin market is the remarkable reduction in BTC balances on cryptocurrency exchanges. According to data, the amount of Bitcoin held on exchanges has plummeted to its lowest level since April 2018, falling below 1.8 million BTC. This notable decline raises concerns about a potential supply crunch, especially as the Bitcoin community eagerly anticipates the forthcoming halving event.

影响比特币市场的一个关键趋势是加密货币交易所的比特币余额显着减少。数据显示，交易所持有的比特币数量已暴跌至2018年4月以来的最低水平，跌破180万比特币。这种显着的下降引发了人们对潜在供应紧缩的担忧，特别是在比特币社区热切期待即将到来的减半事件的情况下。

Scheduled to occur in mid-April, the halving event will effectively reduce the reward for mining new blocks, consequently slowing down the rate at which new BTC enters circulation. This event, coupled with the dwindling exchange balances, suggests a tightening supply that could exert significant influence on Bitcoin's availability and pricing in the market.

计划于 4 月中旬发生的减半事件将有效减少开采新区块的奖励，从而减缓新 BTC 进入流通的速度。这一事件，加上外汇余额的减少，表明供应紧缩，可能会对比特币的可用性和市场定价产生重大影响。

The reduction in exchange balances is partly attributable to the withdrawal of over 136,000 BTC following the launch of spot Bitcoin ETFs in the United States. This surge in withdrawals signifies heightened confidence among holders and robust institutional interest in Bitcoin. This shift represents a substantial portion of Bitcoin's market cap being moved off exchanges, potentially limiting supply and contributing to upward price pressure. Moreover, the introduction of such financial products underscores the growing institutional acceptance of Bitcoin and could pave the way for broader mainstream adoption.

外汇余额减少的部分原因是在美国推出现货比特币 ETF 后，超过 136,000 BTC 被撤回。提款量的激增意味着比特币持有者的信心增强以及机构对比特币的浓厚兴趣。这种转变意味着比特币市值的很大一部分被转移出交易所，可能会限制供应并加剧价格上涨压力。此外，此类金融产品的推出凸显了比特币的机构接受度不断提高，并可能为更广泛的主流采用铺平道路。

Market Reactions and Price Predictions

市场反应和价格预测

The current market dynamics, characterized by substantial withdrawals from exchanges and anticipation of the halving event, have sparked fervent discussions about the future price trajectory of Bitcoin. Seasoned industry experts forecast a supply squeeze that could lead to increased prices, given the historical impact of previous halving events on Bitcoin's value.

当前的市场动态，以交易所的大量撤资和对减半事件的预期为特征，引发了人们对比特币未来价格轨迹的热烈讨论。考虑到之前减半事件对比特币价值的历史影响，经验丰富的行业专家预测，供应紧张可能会导致价格上涨。

Additionally, the largest transfer of USD Coin (USDC) to Coinbase to date has been observed, suggesting the potential for robust buying pressure building in the market.

此外，迄今为止，美元硬币（USDC）向 Coinbase 的最大转移已被观察到，这表明市场上可能会形成强劲的购买压力。

Recent activities within the Bitcoin network have also garnered attention from the crypto community. Notably, a Bitcoin wallet that had remained dormant for nearly 12 years transferred 500 BTC, highlighting the unpredictable nature of Bitcoin holdings and their potential impact on market liquidity. Furthermore, the consolidation of 2,000 BTC from mining rewards dating back to 2010 into a single wallet has fueled speculation about potential market movements and the intentions of long-term holders.

比特币网络内最近的活动也引起了加密社区的关注。值得注意的是，一个休眠了近12年的比特币钱包转移了500个比特币，凸显了比特币持有量的不可预测性及其对市场流动性的潜在影响。此外，将 2010 年采矿奖励中的 2,000 BTC 整合到一个钱包中，引发了对潜在市场走势和长期持有者意图的猜测。

Bitwise CEO Forecasts Impact of Bitcoin Halving

Bitwise首席执行官预测比特币减半的影响

Bitwise CEO Hunter Horsley has emphasized the profound impact of the upcoming Bitcoin halving event on the cryptocurrency market. By comparing it to the previous halving in 2020, Horsley highlights the expected reduction in the supply of new bitcoins, particularly considering Bitcoin's current price level.

Bitwise首席执行官Hunter Horsley强调了即将到来的比特币减半事件对加密货币市场的深远影响。通过与 2020 年之前的减半进行比较，霍斯利强调了新比特币供应量的预期减少，特别是考虑到比特币当前的价格水平。

The April 2024 Bitcoin halving may be the most impactful we've seen. Why? The last Bitcoin halving, 2020, Bitcoin was at ~$9,000. So the supply reduction in $ terms was ~$9M a day, and ~$3B a year. This halving with Bitcoin ~$70,000, it will be >3x greater in $ terms: ~$32M a…

2024 年 4 月的比特币减半可能是我们见过的影响最大的一次。为什么？上一次比特币减半发生在 2020 年，比特币价格约为 9,000 美元。因此，以美元计算，供应减少量为每天约 900 万美元，每年约 30 亿美元。比特币减半约为 70,000 美元，按美元计算将增加 3 倍以上：约 3200 万美元……

The anticipation surrounding the halving event is fueling optimism among investors, with anticipations of substantial price gains for Bitcoin. The reduction in the rate of new supply, coupled with increasing institutional interest and demand, could propel Bitcoin's price to unprecedented heights in the coming months.

围绕减半事件的预期正在激发投资者的乐观情绪，预计比特币价格将大幅上涨。新供应率的下降，加上机构兴趣和需求的增加，可能会在未来几个月将比特币的价格推向前所未有的高度。