标题：比特币（BTC）和其他加密货币今年保持强劲的下降趋势

今年，比特币和其他加密货币一直处于强劲的下降趋势中，价值超过1万亿美元。

The crypto market has been largely battered this year, with Bitcoin and other major coins having lost a collective $1 trillion in market cap.

加密货币市场今年受到了很大的攻击，比特币和其他主要硬币损失了1万亿美元的市值。

Bitcoin (BTC) price crashed from the year-to-date high of $109,300 to trade at $82,000 on Monday, July 10. Popular altcoins like Ethereum (ETH), Ripple (XRP), and Cardano (ADA) had seen even steeper declines from the 2024 highs.

比特币（BTC）的价格从$ 109,300的年满$ 109,300跌至7月10日星期一的82,000美元。流行的AltCoins（例如以太坊（ETH），Ripple（XRP）和Cardano（ADA），与2024 Highs相比，较高的下降了。

Crypto prices fell further after the US stock market suffered another round of losses, pushing the S&P 500 index closer to forming a bearish death cross pattern.

加密价格在美国股市遭受了另一轮损失后进一步下跌，将标准普尔500指数推向形成看跌的死亡交叉模式。

This pattern occurs when the 50-day and 200-day moving averages of an asset cross each other, which is often seen as a technical signal for the start of a prolonged bear market.

这种模式发生在资产的50天和200天移动平均值相互交叉时，这通常被视为延长熊市开始的技术信号。

The spread between the 50-day and 200-day weighted moving averages (WMA) of the S&P 500 index had continued to narrow. The 50-day WMA was trading at $5,900 on Monday, July 10, while the 200-day WMA was at $5,857. A crossover would likely lead to further downside, as the index dropped 23% the last time it formed this pattern in 2022.

标准普尔500指数的50天和200天加权移动平均值（WMA）之间的扩展继续缩小。 50天的WMA在7月10日星期一的交易价格为5,900美元，而200天的WMA为5,857美元。交叉可能会导致进一步的缺点，因为该指数在2022年上次形成这种模式时下降了23％。

The S&P 500 index is often seen as a reliable indicator for the crypto market since both are considered risky assets and tend to move in correlation.

标准普尔500指数通常被视为加密市场的可靠指标，因为两者都被认为是风险的资产，并且倾向于相关。

However, the main focus was on the upcoming Federal Reserve interest rate decision next week. A more dovish tone as the US dollar index and the bond market suggests would likely lead to a rebound.

但是，主要重点是下周即将进行的美联储利率决策。由于美元指数和债券市场表明，更虔诚的语气可能会导致反弹。

On the other hand, a hawkish stance could keep the markets in the current oversold and overbought zones respectively.

另一方面，鹰派的立场可以使市场分别使市场分别处于当前的超卖区域。

The crypto fear and greed index dropped to the extreme fear zone of 19 on Monday, July 10. Similarly, the fear gauge tracked by CNN Money dropped to 20.

7月10日星期一，加密货币恐惧和贪婪指数下降到了19个极端恐惧区。同样，CNN Money追踪的恐惧量规降至20。

Main factors putting traders in the fear camp included growing concern that the United States is heading toward a self-inflicted recession due to Donald Trump’s tariffs.

使交易者进入恐惧训练营的主要因素包括越来越担心美国因唐纳德·特朗普的关税而朝着自我衰退的衰退。

These fears outweighed positive news in the crypto industry. For example, the Securities and Exchange Commission has ended numerous lawsuits affecting companies like Uniswap, Kraken, and Coinbase.

这些恐惧在加密货币行业中胜过积极的消息。例如，证券交易委员会结束了许多影响Uniswap，Kraken和Coinbase等公司的诉讼。

Further, Donald Trump signed an executive order to create a strategic Bitcoin reserve and digital coins stockpile. Also, more institutional investors like Citadel, Blackrock, Rumble, and Trump Media have started to acquire Bitcoin.

此外，唐纳德·特朗普（Donald Trump）签署了一项行政命令，以创建战略性的比特币储备和数字硬币库存。此外，诸如Citadel，BlackRock，Rumble和Trump Media等更多的机构投资者已经开始收购比特币。

Bitcoin and altcoins could face further declines if the S&P 500 index forms a death cross pattern - a technical formation that occurs when the 50-day and 200-day moving averages cross each other. This pattern often signals the start of a prolonged bear market.

如果标准普尔500指数形成死亡交叉模式，则比特币和山寨币可能会进一步下降 - 这是50天和200天移动平均彼此交叉时发生的技术形成。这种模式通常标志着长时间熊市的开始。

The spread between the 50-day and 200-day weighted moving averages (WMA) of the S&P 500 index had continued to narrow. The 50-day WMA was trading at $5,900 on Monday, July 10, while the 200-day WMA was at $5,857. A crossover would likely lead to further downside, as the index dropped 23% the last time it formed this pattern in 2022.

标准普尔500指数的50天和200天加权移动平均值（WMA）之间的扩展继续缩小。 50天的WMA在7月10日星期一的交易价格为5,900美元，而200天的WMA为5,857美元。交叉可能会导致进一步的缺点，因为该指数在2022年上次形成这种模式时下降了23％。

The S&P 500 index is often seen as a reliable indicator for the crypto market since both are considered risky assets and tend to move in correlation.

标准普尔500指数通常被视为加密市场的可靠指标，因为两者都被认为是风险的资产，并且倾向于相关。

However, the main focus was on the upcoming Federal Reserve interest rate decision next week. A more dovish tone as the US dollar index and the bond market suggests would likely lead to a rebound.

但是，主要重点是下周即将进行的美联储利率决策。由于美元指数和债券市场表明，更虔诚的语气可能会导致反弹。

On the other hand, a hawkish stance could keep the markets in the current oversold and overbought zones respectively.

另一方面，鹰派的立场可以使市场分别使市场分别处于当前的超卖区域。

The crypto fear and greed index dropped to the extreme fear zone of 19 on Monday, July 10. Similarly, the fear gauge tracked by CNN Money dropped to 20.

7月10日星期一，加密货币恐惧和贪婪指数下降到了19个极端恐惧区。同样，CNN Money追踪的恐惧量规降至20。

Main factors putting traders in the fear camp included growing concern that the United States is heading toward a self-inflicted recession due to Donald Trump’s tariffs.

使交易者进入恐惧训练营的主要因素包括越来越担心美国因唐纳德·特朗普的关税而朝着自我衰退的衰退。

These fears outweighed positive news in the crypto industry. For example, the Securities and Exchange Commission has ended numerous lawsuits affecting companies like Uniswap, Kraken, and Coinbase.

这些恐惧在加密货币行业中胜过积极的消息。例如，证券交易委员会结束了许多影响Uniswap，Kraken和Coinbase等公司的诉讼。

Further, Donald Trump signed an executive order to create a strategic Bitcoin reserve and digital coins stockpile. Also, more institutional investors like Citadel, Blackrock, Rumble, and Trump Media have started to acquire Bitcoin.

此外，唐纳德·特朗普（Donald Trump）签署了一项行政命令，以创建战略性的比特币储备和数字硬币库存。此外，诸如Citadel，BlackRock，Rumble和Trump Media等更多的机构投资者已经开始收购比特币。