加密货币市场于2025年3月28日经历了显着波动

加密货币市场在2025年3月28日经历了明显的波动，比特币（BTC），以太坊（ETH）和Ripple（XRP）的主要加密货币目睹了急剧下降。这是低迷的

The cryptocurrency market experienced significant volatility on March 28, 2025, with major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) witnessing steep declines. This downturn led to a ripple effect across various altcoins, including Curve DAO (CRV), Bonk (BONK), and Pyth Network (PYTH), which were among the biggest losers of the day.

加密货币市场在2025年3月28日经历了明显的波动，比特币（BTC），以太坊（ETH）和Ripple（XRP）的主要加密货币目睹了急剧下降。这种低迷导致了各种山寨币的连锁反应，包括曲线DAO（CRV），Bonk（Bonk）和Pyth Network（Pyth），它们是当今最大的失败者之一。

Bitcoin fell below the crucial $84,000 mark, a significant psychological barrier for investors. The global market capitalization of cryptocurrencies dropped to approximately $2.72 trillion, reflecting a 4% decrease within just 24 hours. This decline was accompanied by a sharp increase in daily trading volume, which surged 16% to over $90 billion, indicating heightened trading activity amid the market turmoil.

比特币低于至关重要的$ 84,000大关，这对投资者来说是一个重大的心理障碍。加密货币的全球市值下降到约2.7.2万亿美元，反映出仅在24小时内下降了4％。这种下降伴随着每日交易量的急剧增加，这一数字飙升了16％，达到900亿美元以上，这表明在市场动荡中，交易活动增加了。

In the derivatives market, liquidations soared, with data from Coinglass showing an alarming 100% increase in liquidated long and short positions, totaling over $448 million. This spike in liquidations is often indicative of panic selling among investors, particularly in a volatile market environment.

在衍生品市场中，清算量飙升，涂料的数据显示，清算长和短职位的100％增加了100％，总计超过4.48亿美元。清算中的这种激增通常表明投资者恐慌销售，尤其是在动荡的市场环境中。

Among the hardest-hit cryptocurrencies, Curve DAO (CRV) plummeted by more than 14%, falling to under $0.50. Similarly, Bonk (BONK) and Sonic (S) each dropped by 12%. Pyth Network (PYTH), Lido DAO, and Bittensor (TAO) also faced declines of 10% in the last 24 hours. Other prominent altcoins like Solana (SOL), XRP, Binance Coin (BNB), and Cardano (ADA) recorded losses between 2% and 6%.

在受到严重打击的加密货币中，曲线DAO（CRV）下降了14％以上，跌至0.50美元以下。同样，Bonk（Bonk）和Sonic（S）分别下降了12％。 Pyth Network（Pyth），Lido Dao和Bittensor（Tao）在过去24小时内也面临10％的下降。其他突出的山寨币，例如Solana（Sol），XRP，Binance Coin（BNB）和Cardano（ADA）的损失在2％至6％之间。

Market analysts have been closely monitoring these developments. Mike Alfred, a noted crypto investor and entrepreneur, remarked, "With Bitcoin and other quality long-term assets, it’s always better to get in a bit early than very late." This sentiment reflects the cautious optimism some investors maintain despite the current market challenges.

市场分析师一直在密切监视这些发展。著名的加密投资者和企业家迈克·阿尔弗雷德（Mike Alfred）说：“拥有比特币和其他优质的长期资产，早期比很晚要早点好。”这种情绪反映了尽管当前的市场挑战，但一些投资者仍保持的谨慎乐观情绪。

On the other hand, the outlook for Ethereum appears increasingly bleak. After lagging behind Bitcoin during the recent bull market, ETH has fallen 20% over the past month and is currently 47% below its all-time highs from the previous year. As of March 28, the price of Ethereum was hovering around $1,890.

另一方面，以太坊的前景似乎越来越黯淡。在最近的牛市落后于比特币之后，ETH在过去一个月中下降了20％，目前比上一年比其历史最高点低47％。截至3月28日，以太坊的价格徘徊在1,890美元左右。

Quinn Thompson, the Chief Investment Officer of macro hedge fund Lekker Capital, expressed a stark view on Ethereum's future, declaring it "completely dead" as an investment. He pointed to declining transaction activity and user growth, stating, "Make no mistake, $ETH as an investment is completely dead. A $225 billion market cap network that is seeing declines in transaction activity, user growth and fees/revenues. There is no investment case here. As a network with utility? Yes. As an investment? Absolutely not." This perspective underscores the growing skepticism surrounding Ethereum's viability as a profitable asset.

宏观对冲基金Lekker Capital的首席投资官奎因·汤普森（Quinn Thompson）对以太坊的未来表示了鲜明的看法，宣布它“完全死亡”为投资。他指出，交易活动和用户的增长下降，并指出：“毫无疑问，$ eth作为投资已经完全消失了。一个2250亿美元的市值网络看到交易活动，用户增长和收入/收入的下降，这里没有投资案例。作为公用事业的网络。是一个有用的网络吗？是的？是的。这种观点强调了以太坊可行性作为一种有利可图的资产的越来越多的怀疑。

The broader cryptocurrency market's decline has been exacerbated by external economic factors, including rising inflation rates in the United States. Recent macroeconomic data has contributed to investor anxiety, leading to a bearish sentiment across riskier asset classes, such as cryptocurrencies.

外部经济因素加剧了更广泛的加密货币市场的下降，包括美国通货膨胀率上升。最近的宏观经济数据导致了投资者的焦虑，导致跨风险的资产类别（例如加密货币）产生了看跌的情绪。

In the context of these challenges, the overall cryptocurrency market lost about 4.2% in the last 24 hours, with Ethereum and Ripple also facing significant price drops. ETH and XRP prices fell by over 5%, trading at approximately $1,909 and $2.24, respectively. This sudden selling pressure led to over $336 million being liquidated from the leveraged crypto market, primarily affecting long traders.

在这些挑战的背景下，过去24小时内的整体加密货币市场损失了约4.2％，以太坊和波纹面临大幅下降。 ETH和XRP价格下跌了5％以上，分别为1,909美元和2.24美元。这种突然的销售压力导致超过3.36亿美元从杠杆加密市场中清算，主要影响长期交易者。

Another critical factor influencing the market is the declining open interest (OI) in cryptocurrencies. In the past 24 hours, the total OI decreased by about 2.57%, amounting to around $109 billion. Ripple's XRP saw a notable OI drop of approximately 3.21%, reducing its value to $3.92 billion, while Ethereum experienced a 3.58% decline to about $22.37 billion. Bitcoin's OI also fell by about 1%, bringing it down to approximately $56.84 billion.

影响市场的另一个关键因素是加密货币的开放兴趣（OI）下降。在过去的24小时内，总OI降低了约2.57％，总计约1009亿美元。 Ripple的XRP显着下降了约3.21％，将其价值降低到39.2亿美元，而以太坊的价值下降了3.58％，降至223.7亿美元。比特币的OI也下降了约1％，使其降至约568.4亿美元。

As the market grapples with these pressures, upcoming U.S. customs measures set to take effect on April 2, 2025, add to the uncertainty. These measures have raised concerns among investors about potential regulatory impacts on the cryptocurrency landscape.

随着市场应对这些压力的努力，即将在2025年4月2日生效的美国海关措​​施加剧了不确定性。这些措施引起了投资者对潜在监管对加密货币景观的影响的关注。

In the face of these turbulent conditions, a shift in market dynamics is becoming apparent. Short-term holders of cryptocurrencies are increasingly under financial strain, prompting many to sell their holdings. In contrast, long-term investors appear to be taking advantage of lower prices to accumulate assets. This trend indicates a potential transfer of wealth from short-term traders to long-term holders, which could play a crucial role in the market's recovery.

面对这些动荡的条件，市场动态的转变变得显而易见。加密货币的短期持有人越来越受财务压力，促使许多人出售其持股。相比之下，长期投资者似乎利用较低的价格积累资产。这种趋势表明，财富从短期交易者到长期持有人的潜在转移，这可能在市场的复苏中起着至关重要的作用。

The demand for stablecoins has also surged

对Stablecoins的需求也激增