加密货币市场翻覆：比特币暴跌引发山寨币大屠杀

Bitcoin's dramatic fall on Tuesday morning,跌至67,000美元，引发了加密货币行业的大规模抛售。受此影响，以太坊经典(ETC)、艾克萨(AXL)、比特洪流(BTT)和Jasmy等山寨币均大幅下跌，跌幅均超过12%。山寨币往往与比特币走势一致。

Cryptocurrency Market Capsizes in Red Tide, Altcoins Plunge as Bitcoin Falters

加密货币市场掀起赤潮，山寨币随着比特币的动摇而暴跌

A crimson surge washed over the cryptocurrency industry on Tuesday morning, as the once-resurgent Bitcoin stumbled precipitously from its recent highs. After briefly soaring above $70,000 last week, the digital titan plummeted to $67,000, triggering a widespread sell-off that sent altcoins tumbling in its wake.

周二早上，加密货币行业出现了深红色的上涨，一度复苏的比特币从近期高点急剧下跌。在上周短暂飙升至 70,000 美元以上后，这家数字巨头暴跌至 67,000 美元，引发了广泛的抛售，导致山寨币随之暴跌。

Among the most severely affected altcoins were Conflux (CFX), Axelar (AXL), BitTorrent (BTT), and Jasmy, each experiencing double-digit losses exceeding 12% in the past 24 hours. The sharp decline in Bitcoin's value has historically influenced altcoin movements, as they often mirror the price fluctuations of their larger counterpart.

受影响最严重的山寨币包括 Conflux (CFX)、Axelar (AXL)、BitTorrent (BTT) 和 Jasmy，它们在过去 24 小时内均经历了超过 12% 的两位数损失。比特币价值的急剧下跌历来影响着山寨币的走势，因为它们通常反映了较大同类货币的价格波动。

Conflux, a decentralized blockchain network, saw its price dive despite the Chinese government's recent launch of the Ultra Large Scale Blockchain Infrastructure Platform for the Belt Road Initiative. This initiative aims to provide public blockchain infrastructure for cross-border cooperation among projects, leveraging China's massive investment in the BRI.

尽管中国政府最近为“一带一路”倡议推出了超大规模区块链基础设施平台，但去中心化区块链网络 Conflux 的价格仍出现大幅下跌。该倡议旨在利用中国对“一带一路”的大量投资，为项目之间的跨境合作提供公共区块链基础设施。

Axelar Network, a blockchain infrastructure provider offering payment solutions for the Web3, has also witnessed a two-day crash, with its token value plunging by over 33% from its 2023 high. BitTorrent (BTT), known for its file-sharing protocol, has similarly lost over 33% of its value since the year's inception.

为 Web3 提供支付解决方案的区块链基础设施提供商 Axelar Network 也经历了两天的崩盘，其代币价值较 2023 年高点暴跌超过 33%。以其文件共享协议而闻名的 BitTorrent (BTT) 自今年以来同样损失了超过 33% 的价值。

JasmyCoin, often hailed as Japan's Bitcoin, has also succumbed to the downward spiral, suffering a significant decline. The primary catalyst behind this altcoin sell-off lies in Bitcoin's downward trajectory, with market participants expressing apprehension about investing in the cryptocurrency at prices above $71,000.

经常被誉为日本比特币的JasmyCoin也陷入了螺旋式下降，大幅下跌。这次山寨币抛售背后的主要催化剂在于比特币的下行轨迹，市场参与者对以高于 71,000 美元的价格投资加密货币表示担忧。

Another factor contributing to the market's downturn is the growing belief that the Federal Reserve may adopt a less dovish monetary policy than previously anticipated. On Monday, the Institute of Supply Management (ISM) reported that the country's manufacturing PMI exceeded 50 for the first time in two years.

导致市场低迷的另一个因素是人们越来越相信美联储可能会采取比之前预期不那么温和的货币政策。周一，供应管理协会(ISM)报告称，该国制造业PMI两年来首次突破50。

This data suggests that the economy is performing well, while inflation remains stubbornly high. The headline Consumer Price Index (CPI) rose to 3.1% in February, while the core CPI jumped to 3.8%, both significantly above the Federal Reserve's target of 2.0%.

该数据表明经济表现良好，而通胀仍然居高不下。 2 月份总体消费者价格指数 (CPI) 升至 3.1%，核心 CPI 跃升至 3.8%，均大幅高于美联储 2.0% 的目标。

In light of these economic indicators, analysts are now predicting that the Fed may implement only two rate cuts later this year, lower than the previous estimate of three cuts. The prospect of a less accommodative monetary policy traditionally dampens investor sentiment in riskier assets such as cryptocurrencies and stocks.

鉴于这些经济指标，分析师现在预测美联储今年晚些时候可能仅实施两次降息，低于此前预计的三次降息。货币政策不太宽松的前景传统上会抑制投资者对加密货币和股票等风险较高资产的情绪。

Consequently, the broader stock market also suffered on Monday, with key US indices like the Nasdaq 100 and S&P 500 experiencing notable declines. This correlation between the cryptocurrency and stock markets highlights the growing maturity of crypto assets and their increasing integration into the mainstream financial system.

因此，周一整体股市也遭受重创，纳斯达克 100 指数和标准普尔 500 指数等美国主要指数均大幅下跌。加密货币和股票市场之间的这种相关性凸显了加密资产的日益成熟及其与主流金融体系的日益融合。

As the market continues to grapple with the implications of the Fed's potential policy shift, investors are closely monitoring Bitcoin's movements, anticipating that its future trajectory will shape the fate of altcoins in the coming days and weeks.

随着市场继续努力应对美联储潜在政策转变的影响，投资者正在密切关注比特币的走势，预计其未来轨迹将在未来几天和几周内决定山寨币的命运。