Bitcoin, Ethereum, Dogecoin surge despite red hot inflation: Is apex crypto showing signs of stabilizing?
Bitcoin, Ethereum, Dogecoin surge despite red hot inflation: Is apex crypto showing signs of stabilizing?
$Bitcoin(BTC.CC)$ and other major cryptocurrencies rose Wednesday, brushing off hotter than expected inflation, as the global cryptocurrency market cap rose 4.6% to $902.7 billion.
$位元幣(BTC.CC)$歐元和其他主要加密貨幣週三上漲，對高於預期的通脹不屑一顧，全球加密貨幣市值上漲4.6%，至9027億美元。
| Coin | 24-hour | 7-day | Price |
|---|---|---|---|
| Bitcoin (CRYPTO: BTC) | 5% | -1.1% | $20,276.06 |
| Ethereum (CRYPTO: ETH) | 7.2% | -5.9% | $1,114.21 |
| Dogecoin (CRYPTO: DOGE) | 3.8% | -9.5% | $0.06 |
| 錢幣 | 24小時 | 7天 | 價格 |
|---|---|---|---|
| 位元幣(密碼：BTC) | 5% | -1.1% | 20,276.06美元 |
| 以太(加密：ETH) | 7.2% | -5.9% | 1114.21美元 |
| 道格考因(Dogecoin)(密碼：Doge) | 3.8% | -9.5% | 0.06美元 |
| Cryptocurrency | 24-Hour % Change (+/-) | Price |
|---|---|---|
| Lido DAO (LDO) | +46.6% | $0.9 |
| Convex Finance (CVX) | +19.7% | $6.2 |
| Curve DAO Token (CRV) | +18.3% | $1.05 |
| 加密貨幣 | 24小時百分比更改(+/-) | 價格 |
|---|---|---|
| 麗都島(LDO) | +46.6% | 0.9美元 |
| 凸金融(CVX) | +19.7% | 6.2美元 |
| 曲線刀令牌(CRV) | +18.3% | 1.05美元 |
Why It Matters: Inflation in the United States rose more than anticipated in June, according to data released on Wednesday.
為什麼這很重要：週三公佈的數據顯示，美國6月通脹率升幅超過預期。
Consumer Price Index (CPI) rose 9.1% on a year-over-year basis compared with the 8.8% anticipated rise. Last month the figure was at 8.6%.
居民消費價格指數(CPI)同比上漲9.1%，預期漲幅為8.8%。上個月該數據為8.6%。
Cryptocurrencies moved in the opposite direction to stocks at press time. $S&P 500 index(.SPX.US)$ and $NASDAQ 100 Index(.NDX.US)$ futures traded 0.45% and 0.55% lower, respectively, ahead of key earnings releases from U.S. banks.
截至發稿時，加密貨幣走勢與股市走勢相反。$標準普爾500指數(.SPX.US)$和$納斯達克100指數(.NDX.US)$在美國各銀行發佈關鍵財報之前，期貨分別下跌0.45%和0.55%。
The soaring inflation means that a rate hike of 75 basis points is now expected, but the U.S. Federal Reserve could push the rate higher by even a full 100 basis points.
通脹飆升意味著現在預計加息75個基點，但美國美聯儲可能會將利率推高整整100個基點。
The Fed might need to consider a full point rate hike at the end of the month and they could be eyeing rate cuts at some point next year."
- said Edward Moya,a senior market analyst with OANDA.
美聯儲可能需要考慮在本月底全面加息，他們可能會考慮在明年的某個時候降息。
--他說。愛德華·莫亞OANDA的一位高級市場分析師。
Bitcoin remains a risky asset that could benefit from a Wall Street that is confident they have fully priced in Fed tightening. Bitcoin is showing some signs of stabilizing, but sellers are eagerly watching to see if the June lows will hold."
- said Moya.
位元幣仍然是一種高風險資產，可能會受益於華爾街，因為華爾街相信，他們已經充分消化了美聯儲的緊縮政策。位元幣正顯示出一些企穩的跡象，但賣家正急切地觀察6月的低點是否會守住。
-他說莫亞。
Justin Bennett said in a note that CPI numbers are now at their hottest levels in 40 years. The trader said that a relief rally from all cryptos could be expected should the apex coin hold above the support level at $19,270.
賈斯汀·班尼特在一份報告中表示，CPI數據目前處於40年來的最高水準。這位交易員表示，如果頂端硬幣保持在19,270美元的支撐位上方，所有密碼的釋然性反彈是可以預期的。
For now, BTC looks pretty indecisive so taking on any new positions right now is ill-advised, in my opinion."
- said Bennett.
就目前而言，BTC看起來相當猶豫不決，所以在我看來，現在採取任何新的立場都是不明智的。
--貝內特說。
Michaël van de Poppe said "expectations" were getting "worse and worse" as investors head towards the Federal Open Market Committee on July 26 and 27. He expects the uptrend in the dollar to potentially reverse.
米夏埃爾·範德普普表示，隨著投資者前往7月26日和27日的聯盟公開市場委員會(Federal Open Market Committee)，他們的“預期”正變得“越來越糟”。他預計美元的升勢可能會逆轉。
The Fed meeting is "going to be a key trigger later this month, but looks like we'll be having some relief at least (and potentially weakness on $USD)," said the cryptocurrency trader on Twitter.
這位加密貨幣交易員在Twitter上表示，美聯儲會議“將成為本月晚些時候的一個關鍵觸發因素，但看起來我們至少會有一些緩解(以及美元可能的疲軟)。”
Meanwhile, the dollar surged to a 20-year high against a basket of currencies. The dollar index rose to 108.57, which is the highest level since Oct. 2002. The dollar index was at 107.9 before the CPI data was released, according to a report from Reuters.
與此同時，美元兌一籃子貨幣飆升至20年來的最高水準。美元指數升至108.57，為2002年10月以來的最高水準。根據路透的一份報告，在CPI數據公佈前，美元指數報107.9。
Ki Young Ju is of the view that the CPI news is already baked into Bitcoin's price. "This one is not an unpredicted black swan for professional investors," said the CEO of CryptoQuant, a community-driven analytics platform.
紀永珠有觀點認為，CPI的消息已經在位元幣的價格中烘焙了。對於專業投資者來說，這並不是一隻始料未及的黑天鵝。加密定量，一個社區驅動的分析平臺。
I'll keep monitoring, but whales won't suddenly decide to send BTC to exchanges due to this event."
我會繼續關注，但大戶不會因為這件事而突然決定把位元幣送到交易所去。