Ethereum, Dogecoin fall harder than Bitcoin: Crypto investors' pain shows no sign of easing even as stocks bounce
Ethereum, Dogecoin fall harder than Bitcoin: Crypto investors' pain shows no sign of easing even as stocks bounce
$Ethereum(ETH.CC)$ fell sharply, while $Bitcoin(BTC.CC)$ faced relatively lower strain at press time on Thursday evening, as the global cryptocurrency market cap decreased 3.7% to $1.2 trillion.
$以太(ETH.CC)$大幅下跌，而$比特幣(BTC.CC)$週四晚上，隨着全球加密貨幣市值下降3.7%，至1.2萬億美元，該公司面臨的壓力相對較小。
| Coin | 24-hour | 7-day | Price |
|---|---|---|---|
| Bitcoin (CRYPTO: BTC) | -1.4% | -3.1% | $29,273.32 |
| Ethereum (CRYPTO: ETH) | -7.9% | -10.4% | $1,801.24 |
| Dogecoin (CRYPTO: DOGE) | -6.1% | -9.8% | $0.08 |
| 錢幣 | 24小時 | 7天 | 價格 |
|---|---|---|---|
| 比特幣(密碼：BTC) | -1.4% | -3.1% | $29,273.32 |
| 以太(加密：ETH) | -7.9% | -10.4% | $1,801.24 |
| 道格考因(Dogecoin)(密碼：Doge) | -6.1% | -9.8% | $0.08 |
| Cryptocurrency | 24-Hour % Change (+/-) | Price |
|---|---|---|
| Celo (CELO) | +3% | $1.45 |
| Decred (DCR) | +0.3% | $36 |
| Binance USD (BUSD) | +0.2% | $1 |
| 加密貨幣 | 24小時百分比更改(+/-) | 價格 |
|---|---|---|
| 西洛(西洛) | +3% | $1.45 |
| 已取消(DCR) | +0.3% | $36 |
| Binance美元(BUSD) | +0.2% | $1 |
Why It Matters: Cryptocurrencies failed to muster strength even as other risk assets like stocks soared on Thursday.
為什麼這很重要：儘管股市等其他風險資產週四飆升，但加密貨幣未能提振強勢。
Bitcoin, Ethereum and $Dogecoin(DOGE.CC)$ traded below the $30,000, $2,000 and 8 cents levels, respectively, at press time. On Thursday, the S&P500 closed 2% higher and the Nasdaq added 2.7%.
比特幣、以太和$Dogecoin(DOGE.CC)$截至發稿時，股價分別低於30,000美元、2,000美元和8美分的水平。週四，標準普爾500指數收盤上漲2%，納斯達克指數上漲2.7%。
Altcoins are particularly under pressure as investors tend to shed riskier assets during downturns.
替代幣尤其面臨壓力，因為投資者往往會在經濟低迷期間拋售風險較高的資產。
OANDA senior market analyst Edward Moya attributed the sharper fall in ETH to scaling worries post "The Merge," or the official transition to proof-of-stake.
OANDA高級市場分析師愛德華·莫亞ETH將ETH的大幅下跌歸因於“合併”後的擔憂，即正式過渡到股權證明。
Ethereum is selling off as many crypto traders start to doubt Ethereum 2 will be successful."
- said Moya in a note.
由於許多密碼交易員開始懷疑以太2是否會成功，以太正在拋售。
-莫亞在一張紙條上説。
"Ethereum 2 merge was delayed until August, but it won't truly let Ethereum be scaled up, they will use a multi-chain system and will connect to a wrath of Layer 2 scaling solutions."
Etherum 2合併被推遲到8月，但它不會真正讓Etherum擴大規模，他們將使用多鏈系統，並將連接到憤怒的Layer 2擴展解決方案。
Moya noted that Ethereum has potent rivals that "can do a better job of scaling up and this latest update might force people to jump ship."
莫亞指出，Etherum有強大的競爭對手，他們“可以更好地擴大規模，而最新的更新可能會迫使人們跳槽。”
Cryptocurrency trader and analyst Michaël van de Poppe tweeted that he was looking at the $28,800 and $29,300 levels for Bitcoin's upward movement, saying that the apex coin could make its way to $31,000 and $32,800.
加密貨幣交易員和分析師米夏埃爾·範德波普他在推特上表示，他正在研究比特幣向上移動的28,800美元和29,300美元水平，稱頂端比特幣可能會漲至31,000美元和32,800美元。
The percent of unspent Bitcoin transactions, whose price at creation was lower than the current price, has fallen from 86.8% at the beginning of 2022 to 74.5% at press time, according to Glassnode data. A higher number is usually indicative of market tops, while lower values signal a bottom.
根據Glassnode的數據，未消費比特幣交易的比例從2022年初的86.8%下降到了記者發稿時的74.5%，這些交易在創建時的價格低於當前價格。較高的數值通常表示市場觸頂，而較低的數值則表示觸底。
A contrarian view was expressed by chartist Ali Martinez, who said that Bitcoin appears to be losing support floor between the $30,000 and $29,100 levels.
圖表專家表達了一種相反的觀點。阿里巴巴-SW·馬丁內斯，世衞組織表示，比特幣似乎正在失去30,000美元至29,100美元之間的支撐底。
"There aren't any other significant demand walls underneath," said Martinez in a tweet.
馬丁內斯在一條推文中説：“下面沒有任何其他重要的需求牆。”
