美联储利率决定前比特币暴跌

在美联储宣布利率的预期下，比特币暴跌至 57,300 美元左右，创下 2 月份以来的最低价，较历史高点下跌 22%。美联储维持较高利率的预期决定加剧了投资者的担忧，导致长期持有者抛售、主要投资者的需求减少以及比特币矿商的抛售增加。

Bitcoin Tumbles as Investors Brace for Federal Reserve Announcement

投资者等待美联储声明，比特币暴跌

NEW YORK, May 1 (BeInCrypto) - Bitcoin has plummeted to around $57,300, its lowest level since February, as investors anxiously anticipate the Federal Reserve's announcement on interest rates later today. This sharp decline represents an alarming 22% drop from its all-time high of $73,000 reached on March 14.

纽约，5 月 1 日（BeInCrypto）——由于投资者焦急地期待美联储今天晚些时候宣布利率，比特币已暴跌至 57,300 美元左右，为 2 月份以来的最低水平。与 3 月 14 日创下的历史高点 73,000 美元相比，这一急剧下跌意味着惊人的 22% 的跌幅。

The market is on tenterhooks as the Fed prepares to unveil its policy decision at 2 PM ET, providing an update on US interest rate policy. Investors fear that the central bank may maintain higher rates for an extended period, dampening the economic outlook and weighing heavily on riskier assets like Bitcoin. This high-stakes uncertainty is clearly reflected in the recent volatility in Bitcoin's price.

美联储准备在美国东部时间下午 2 点公布政策决定，提供美国利率政策的最新情况，市场正处于提心吊胆的状态。投资者担心央行可能会在较长时间内维持较高利率，从而抑制经济前景，并对比特币等风险较高的资产造成沉重打击。这种高风险的不确定性清楚地反映在比特币价格近期的波动中。

Declining Demand from Major Holders

主要持有者的需求下降

According to an exclusive report by CryptoQuant, the Bitcoin downturn is primarily driven by a significant reduction in demand from both permanent holders and large investors, known as "whales." Permanent holders have slashed their monthly growth rate in half, from over 200,000 BTC in late March to just 96,000 BTC. Similarly, whales have dwindled their demand growth rate by 50%, from 12% in March to a mere 6%.

根据 CryptoQuant 的独家报告，比特币的低迷主要是由永久持有者和大投资者（即“鲸鱼”）的需求大幅减少造成的。永久持有者的月增长率已削减一半，从 3 月底的超过 200,000 BTC 降至仅 96,000 BTC。同样，鲸鱼的需求增长率也下降了 50%，从 3 月份的 12% 降至仅为 6%。

"When we see an uptick in selling pressure from long-term holders, it typically suggests that a large portion of the market anticipates a broader downturn," noted Matteo Greco, Research Analyst at Fineqia International.

Fineqia International 研究分析师 Matteo Greco 指出：“当我们看到长期持有者抛售压力上升时，通常表明大部分市场预计会出现更广泛的低迷。”

Subdued ETF Activity and Increased Miner Sales

ETF 活动低迷，矿商销售增加

The diminished demand is further evident in the steep decline in Bitcoin purchases from spot exchange-traded funds (ETFs) in the US. After peaking in mid-March with daily purchases exceeding $1 billion, these ETFs are now witnessing a substantial drop in buying activity. BlackRock's iShares Bitcoin Trust (IBIT) even experienced its first day without any inflows since the introduction of Bitcoin ETFs on April 25.

需求的减少进一步体现在美国现货交易所交易基金（ETF）的比特币购买量急剧下降。这些 ETF 在 3 月中旬达到日购买量超过 10 亿美元的峰值后，现在购买活动大幅下降。自 4 月 25 日推出比特币 ETF 以来，贝莱德 (BlackRock) 的 iShares 比特币信托 (IBIT) 甚至经历了第一天没有任何资金流入。

Adding fuel to the fire, Bitcoin miners have stepped up their selling activities. Daily sales by miners surged noticeably in April, reaching their highest levels since early January. This heightened selling pressure often signals a need to cover operational costs or realize profits, exacerbating the downward price momentum.

比特币矿商加大了抛售活动，火上浇油。 4 月份矿工的日销售额显着飙升，达到 1 月初以来的最高水平。这种抛售压力的加大往往表明需要支付运营成本或实现利润，从而加剧价格下跌势头。

Halving Impact Overshadowed

减半影响蒙上阴影

Despite the typically bullish impact of the Bitcoin halving in April, which reduces the supply of new coins by half, the price has continued to slide. After the event, Bitcoin's value plunged another 15%, demonstrating the overpowering influence of broader economic factors on the market.

尽管四月份比特币减半带来了典型的看涨影响，新币的供应量减少了一半，但价格仍在继续下滑。事件发生后，比特币价格又暴跌15%，显示出更广泛的经济因素对市场的压倒性影响。

Conclusion

结论

As the Federal Reserve's announcement looms on the horizon, Bitcoin's future trajectory remains uncertain. The market is grappling with a complex web of factors, including shifting investor sentiment, declining demand from key holders, subdued ETF activity, and increased miner selling. Whether Bitcoin will regain its footing or continue its slide depends on the outcome of these dynamics and the broader macroeconomic landscape.

随着美联储声明的临近，比特币的未来轨迹仍然不确定。市场正在努力应对一系列复杂的因素，包括投资者情绪的变化、主要持有人的需求下降、ETF 活动低迷以及矿商抛售增加。比特币是否会重新站稳脚跟或继续下滑取决于这些动态的结果和更广泛的宏观经济格局。