Bitcoin, Ethereum, Dogecoin Shoot Up Amid German Government's Sell-Off Scare: Analyst Says 'King Crypto Is Nearing Its Bottom'
Bitcoin, Ethereum, Dogecoin Shoot Up Amid German Government's Sell-Off Scare: Analyst Says 'King Crypto Is Nearing Its Bottom'
The cryptocurrency market rebounded from its earlier slump Monday, even as fears of the sale of seized Bitcoin by the German government loom large.
数字货币市场在周一从早些时候的低迷中反弹，即使对德国政府没收比特币出售的担忧大有存在。
| Cryptocurrency | Gains +/- | Price (Recorded 8:30 p.m. EDT) |
| Bitcoin (CRYPTO: BTC) | +2.35% | $56,494.81 |
|
Ethereum (CRYPTO: ETH) |
+4.36% | $3,021.03 |
| Dogecoin (CRYPTO: DOGE) | +2.71% | $0.1068 |
| 数字货币 | 收益 +/- | 价格 (记录于东部夏令时间下午8:30) |
| 比特币 (CRYPTO: BTC) | +2.35% | $56,494.81 |
| 以太坊 (CRYPTO: ETH) |
+4.36% | $3,021.03 |
| 狗狗币 (CRYPTO: DOGE) | +2.71% | $0.1068 |
What Happened: Bitcoin remained choppy throughout the day, dropping below $56,000 during early trading hours before recovering as the day progressed.
比特币在一天中波动不定，早期交易小时内降至56000美元以下，但随着一天的进展而恢复。
Ethereum also made an enthusiastic recovery since the morning drop, gaining more than 4% in the last 24 hours.
以太坊自早期下跌以来也有了热情的复苏，在过去24小时内上涨了超过4%。
The bounce resulted in $356.37 million in liquidations in the last 24 hours, with $212 million in downside bets getting wiped out.
反弹导致过去24小时内有3.56亿美元的清算，其中2.12亿美元的看跌赌注被清除。
The Open Interest in Bitcoin futures rose marginally, by 0.81%, in the last 24 hours, signaling an influx of fresh money into the speculative market. Ethereum's Open Interest rose 3.32%, marking a bullish sentiment.
比特币期货合约的持仓量在过去24小时内略有上升0.81%，标志着新资金涌入投机市场。以太坊的持仓量上升了3.32%，显示了看好的情绪。
More than 50% of the market was bullish on Bitcoin's potential as of this writing, with 28% bearish, and 21% staying neutral.
截至本文撰写时，市场上50%以上的人看好比特币的潜力，28%看淡，21%保持中立。
Earlier in the day. German authorities moved Bitcoins worth more than $600 million to exchanges and market makers
当天早些时候，德国当局将价值超过6000万美元的比特币转移到交易所和做市商。
Top Gainers (24-Hours)
涨幅榜（24小时）
| Cryptocurrency | Gains +/- | Price (Recorded at 8:30 p.m. EDT) |
| Celestia (TIA) | +16.78% | $6.01 |
| Bonk (BONK) | +13.33% | $0.00002395 |
| Notcoin (NOT) | +13.05% | $0.01619 |
| 数字货币 | 收益 +/- | 价格（美东时区下午8:30记录） |
| Celestia (TIA) | +16.78% | $6.01 |
| Bonk (BONK) | +13.33% | $0.00002395 |
| Notcoin（NOT） | +13.05% | $0.01619 |
The global cryptocurrency market cap stands at $2.08 trillion, following a 1.67% increase in the last 24 hours.
全球数字货币市值为2.08万亿美元，过去24小时增长1.67%。
Stocks surged Monday, closing the trading session at record highs. The S&P 500 lifted 0.1% to close at 5,572.85, while the tech-heavy Nasdaq Composite jumped 0.28% to end at 18,403.74. The Dow Jones Industrial Average, however, finished 0.08% lower at 39,344.79.
股市周一大幅上涨，创下历史新高。标普500指数上涨0.1%，收于5572.85点，科技股份纳斯达克综合指数上涨0.28%，收于18403.74点。而道琼斯工业平均指数则下跌0.08%，收于39344.79点。
Key inflation data, such as the consumer price index for June, is set to be released Thursday, providing investors guidance on the probability of rate cuts by the Federal Reserve later this year. The producer price index data will be out Friday.
周四将发布重要通膨数据，如消费者物价指数，为投资者提供有关美联储今年晚些时候可能降息的指引。制造商价格指数数据将在周五发布。
See More: Best Cryptocurrency Scanners
查看更多：最佳数字货币扫描器
Analyst Notes: Popular on-chain analytics firm CryptoQuant stated that Bitcoin might be nearing its bottom, based on the inferences from the Spent Output Profit Ratio indicator.
分析师观点：流行的链上分析公司CryptoQuant表示，根据Spent Output Profit Ratio指标的推断，比特币可能正在接近底部。该公司表示，SOPR模式类似于去年9月，之后比特币进入了上升趋势。
The firm stated that the SOPR pattern was similar to September of last year, after which Bitcoin embarked on an uptrend.
该公司表示，SOPR模式类似于去年9月，之后比特币进入了上升趋势。
$BTC price is nearing the bottom
— CryptoQuant.com (@cryptoquant_com) July 8, 2024
"Short-term SOPR data indicates that the price is nearing the bottom. This pattern is very similar to the period in September last year." – By @mignoletkr
Full post pic.twitter.com/igjp1eyywY
比特币价格正在接近底部
—CryptoQuant.com (@cryptoquant_com)2024年7月8日
“短期SOPR数据表明价格正在接近底部。这种模式与去年9月的情况非常相似。”-来自@mignoletkr
完整文章pic.twitter.com/igjp1eyywY
A widely followed analyst on X, The Long Investor, stated that the ongoing retrace is healthy for the market.
广受关注的分析师The Long Investor表示，目前的回撤对市场有益。
"BTC went from $15,000 in November '22 to $73,700 in March '24, in a 16-month bull run and made a new ATH. When something runs 490%, please acknowledge that a pull back is healthy," the analyst argued.
该分析师表示：“比特币从2022年11月的15000美元涨至2024年3月的73700美元，在16个月的牛市行情中创下了新高。当一件东西上涨490%时，请承认回调是有益的。”
$BTC went from $15,000 in November '22 to $73,700 in March '24, in a 16 month bull run and made a new ATH.
— The Long Investor (@TheLongInvest) July 8, 2024
When something runs 490%, please acknowledge that a pull back is healthy.
A 30% decline so far is not harsh or modest, it is very light.
比特币从2022年11月的15000美元涨至2024年3月的73700美元，在16个月的牛市行情中创下了新高。
—The Long Investor (@TheLongInvest)2024年7月8日
当一件东西上涨490%时，请承认回调是有益的。
迄今为止，下跌了30%，并不严重或适中，而是非常轻微。
Photo by Igor Faun on Shutterstock
Igor Faun在shutterstock上的照片
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