'Crypto is dead?': Analyst says doom calls are overdone as Bitcoin, Ethereum, Dogecoin hold it together
'Crypto is dead?': Analyst says doom calls are overdone as Bitcoin, Ethereum, Dogecoin hold it together
Most major coins traded lower Thursday evening as the global cryptocurrency market cap declined 1.2% to $1.06 trillion at press time.
週四晚間，隨著全球加密貨幣市值下跌1.2%，至1.06萬億美元，大多數主要硬幣交易價格下跌。
| Coin | 24-hour | 7-day | Price |
|---|---|---|---|
| Bitcoin (CRYPTO: BTC) | -1.8% | -4.9% | $22,668.99 |
| Ethereum (CRYPTO: ETH) | -2.2% | -6.4% | $1,611.71 |
| Dogecoin (CRYPTO: DOGE) | 0.5% | -2.6% | $0.07 |
| 錢幣 | 24小時 | 7天 | 價格 |
|---|---|---|---|
| 位元幣(密碼：BTC) | -1.8% | -4.9% | 22,668.99美元 |
| 以太(加密：ETH) | -2.2% | -6.4% | 1,611.71美元 |
| 道格考因(Dogecoin)(密碼：Doge) | 百分之零點五 | -2.6% | 0.07美元 |
| Cryptocurrency | 24-Hour % Change (+/-) | Price |
|---|---|---|
| Flow (FLOW | +38.6% | $2.63 |
| Trust Wallet Token (TWT) | +11.6% | $1.16 |
| 1inch Network (1INCH) | +7.3% | $0.84 |
| 加密貨幣 | 24小時百分比更改(+/-) | 價格 |
|---|---|---|
| 流動(流量 | +38.6% | 2.63美元 |
| 信任錢包令牌(臺幣) | +11.6% | 1.16美元 |
| 1英寸網路(1英寸) | +7.3% | 0.84美元 |
Why It Matters: Risk assets were not aligned at press time, with $Bitcoin(BTC.CC)$ and $Ethereum(ETH.CC)$ treading red, while stock futures were in the green. $S&P 500 index(.SPX.US)$ and $NASDAQ 100 Index(.NDX.US)$ futures were up 0.2% and 0.3%, respectively, at press time.
為什麼這很重要：截至發稿時，風險資產尚未對齊，$位元幣(BTC.CC)$和$以太(ETH.CC)$它踏上了紅色，而股指期貨則處於綠色。$標準普爾500指數(.SPX.US)$和$納斯達克100指數(.NDX.US)$截至發稿時，期貨價格分別上漲0.2%和0.3%。
Edward Moya, a senior market analyst with OANDA, said that while Bitcoin's correlation with equities is still intact, the digital asset has underperformed for the past few sessions.
愛德華·莫亞OANDA的高級市場分析師表示，儘管位元幣與股市的關聯性仍然完好無損，但這種數位資產在過去幾個交易日表現不佳。
An increase with Fed rate hike expectations has capped how high Bitcoin can go for now, but as long as traders remain confident that the peak in Treasury yields remains in place, Bitcoin may have bottomed already."
- wrote Moya in a note, seen by Benzinga.
隨著美聯儲加息預期的提高，位元幣目前可以達到的最高水準已經達到上限，但只要交易員仍然相信美國國債收益率的峰值仍然存在，位元幣可能已經觸底。
-他在一張紙條上寫道，Benzinga看到了莫亞。
However, Moya is confident about cryptocurrencies as a whole. "Calls that crypto is dead have been overdone. In fact, crypto is alive and well."
然而，莫亞對加密貨幣整體上充滿信心。“說Crypto已經死了的說法有些過頭了。事實上，Crypto還活著。”
The analyst's optimism was based on $Coinbase(COIN.US)$ announcing a partnership with BlackRock that would allow the latter's investment management platform direct access to cryptocurrencies.
這位分析師的樂觀是基於$Coinbase(COIN.US)$他說：宣佈與以下公司合作貝萊德這將使後者的投資管理平臺能夠直接訪問加密貨幣。
Meanwhile, yields on 10-year Treasury notes declined 5.3 basis points to 2.696% on Thursday. The gap between yields on the two-year and 10-year Treasury notes closed lower by 35.7 basis points to reach its lowest inversion since 2000, reported Reuters. Stocks have largely ignored this inversion, according to Moya.
與此同時，10年期美國國債收益率週四下跌5.3個基點，至2.696%。據路透社報道，兩年期和10年期美國國債收益率之差收盤下跌35.7個基點，達到2000年以來的最低水準。莫亞表示，股市在很大程度上忽視了這種反轉。
Delphi Digital pointed out in a note that historical data shows that when the Fed Funds rate is above that of neutral interest rates, "recessions tend to occur."
德爾福數碼他在一份報告中指出，歷史數據顯示，當聯盟基金利率高於中性利率時，“衰退往往會發生”.
Neutrality on rates implies that any further rate hikes by the U.S. Federal Reserve will translate into restrictive action.
利率中性意味著美聯儲的任何進一步加息都將轉化為限制性行動。
Economic factors such as stock market cap-to-GDP, consumer sentiment with its relationship to unemployment, and declining GDP, implies the current market move is a bear market rally."
- said the independent research boutique.
經濟因素，如股市市值與GDP之比，消費者信心及其與失業的關係，以及GDP的下降，表明當前的市場走勢是熊市反彈。
-獨立研究精品公司表示。
Cryptocurrency trader Justin Bennett said that the total market cap could touch the $1.15 trillion mark should it reclaim $1.05 trillion levels.
加密貨幣交易員賈斯汀·班尼特表示，如果收回1.05萬億美元的水準，總市值可能會觸及1.15萬億美元大關。
