加密货币市场崩盘超过了互联网泡沫，比特币作为唯一的救赎者幸存下来

加密货币市场的跌幅超过了纳斯达克综合指数在互联网泡沫期间从峰到谷的78%跌幅，市值跌至1868亿美元，较1月份高点跌幅78%。山寨币市值暴跌 85%，个别加密货币损失惨重，包括 XRP (-93%)、比特币现金 (-90%) 和卡尔达诺 (-95%)。随着市场在更广泛的低迷中寻求稳定，比特币的主导地位达到 9 个月以来的最高点 58%。

Cryptocurrency Market Crash Surpasses Dotcom Bubble Decline, Bitcoin Emerges as Sole Survivor

加密货币市场崩盘超过互联网泡沫衰退，比特币成为唯一幸存者

The cryptocurrency market has plunged to unprecedented depths, surpassing the Nasdaq Composite Index's cataclysmic 78% decline experienced during the dotcom bubble burst. This calamitous event marks a perilous low point in the cryptocurrency sector, triggering widespread concern and uncertainty.

加密货币市场已跌至前所未有的深度，超过了纳斯达克综合指数在互联网泡沫破裂期间经历的 78% 的灾难性跌幅。这一灾难性事件标志着加密货币行业的危险低点，引发了广泛的担忧和不确定性。

As of Wednesday, the cryptocurrency market capitalization has plummeted to a meager $186.8 billion, a staggering 78% decline from its all-time high of $835.7 billion reached in January. This precipitous drop eclipses even the Nasdaq's loss of value during the dotcom bubble debacle.

截至周三，加密货币市值已暴跌至微薄的 1868 亿美元，较 1 月份创下的 8357 亿美元的历史高点下降了 78%。这种急剧下跌甚至使纳斯达克指数在互联网泡沫崩溃期间的价值损失黯然失色。

Stripping away the stabilizing influence of Bitcoin, the altcoin market cap has suffered an even more severe decline, plummeting approximately 85% since January, currently valued at a mere $78.4 billion. Remarkably, the top three altcoins – Ripple (XRP), Ethereum (ETH), and Litecoin (LTC) – have collectively lost over $200 billion in market value since their peak.

剔除比特币的稳定影响，山寨币市值跌幅更为严重，自 1 月份以来暴跌约 85%，目前市值仅为 784 亿美元。值得注意的是，排名前三的山寨币——瑞波币 (XRP)、以太坊 (ETH) 和莱特币 (LTC)——自巅峰以来，市值总计已损失超过 2000 亿美元。

Adding to the grim picture, 13 of the 15 highest-valued cryptocurrencies by market cap have plummeted at least 78% from their record highs, with six suffering losses of 90% or more. This includes XRP, Bitcoin Cash, Cardano, IOTA, Tron, and NEO, all of which have lost over 90% of their peak value.

更糟糕的是，市值最高的 15 种加密货币中，有 13 种已从历史高点暴跌至少 78%，其中 6 种损失达 90% 或更多。其中包括 XRP、比特币现金、卡尔达诺、IOTA、Tron 和 NEO，所有这些都已经损失了超过峰值的 90%。

Bitcoin, while not immune to the downturn, has weathered the storm relatively better, sustaining a 69% loss. However, it has faced strong resistance at the $6,000 support level, raising concerns about its ability to maintain stability.

比特币虽然未能免受经济低迷的影响，但相对较好地经受住了这场风暴，损失了 69%。然而，它在 6,000 美元的支撑位面临强劲阻力，引发人们对其维持稳定能力的担忧。

Despite the broader market's turmoil, Bitcoin's dominance has soared to a nine-month high of 58%, its highest since December 2017. This surge in market share suggests that investors are fleeing to the safety of the established cryptocurrency leader.

尽管大盘动荡，比特币的主导地位仍飙升至 58% 的 9 个月高点，为 2017 年 12 月以来的最高水平。市场份额的飙升表明投资者正在逃向加密货币老牌领导者的安全。

The cryptocurrency market's current predicament mirrors the dotcom bubble burst, but with a crucial difference. While many technology companies ultimately recovered from the dotcom crash, there is no guarantee that the cryptocurrency market will experience a similar resurgence.

加密货币市场当前的困境反映了互联网泡沫的破裂，但有一个关键的区别。尽管许多科技公司最终从互联网泡沫的崩溃中恢复过来，但不能保证加密货币市场也会经历类似的复苏。

However, the dotcom bubble's silver lining provides a glimmer of hope. Just as tech stocks rebounded after the bubble burst, cryptocurrency could potentially follow a similar trajectory if it truly represents the future of digital finance.

然而，互联网泡沫的一线希望带来了一线希望。正如泡沫破灭后科技股反弹一样，如果加密货币真正代表了数字金融的未来，它也可能遵循类似的轨迹。

The key question now becomes, which cryptocurrencies will emerge as the winners and which will fade into obscurity, akin to the legendary rise of Amazon and the downfall of Pets.com during the dotcom era? Only time will tell the fate of the cryptocurrency market and its individual components.

现在的关键问题是，哪种加密货币将成为赢家，哪种加密货币将逐渐默默无闻，类似于互联网时代亚马逊的传奇崛起和 Pets.com 的衰落？只有时间才能告诉我们加密货币市场及其各个组成部分的命运。