Bitcoin, Ethereum, Dogecoin Hold It Together Amid Tech-Stock Meltdown: Is Crypto 'Close to the Bottom?'
Bitcoin, Ethereum, Dogecoin Hold It Together Amid Tech-Stock Meltdown: Is Crypto 'Close to the Bottom?'
Major coins traded mixed Thursday evening as the global cryptocurrency market cap rose 0.5% to $947 billion at 8:11 p.m. EDT.
週四晚間，主要硬幣交易喜憂參半，截至晚上8點11分，全球加密貨幣市值上漲0.5%，至9470億美元。東部夏令時。
| Coin | 24-hour | 7-day | Price |
|---|---|---|---|
| Bitcoin (CRYPTO: BTC) | 0.4% | 0.8% | $19,556.06 |
| Ethereum (CRYPTO: ETH) | -0.5% | 0.5% | $1,355.99 |
| Dogecoin (CRYPTO: DOGE) | 0% | 1.8% | $0.06 |
| 錢幣 | 24小時 | 7天 | 價格 |
|---|---|---|---|
| 比特幣(密碼：BTC) | 0.4% | 0.8% | $19,556.06 |
| 以太(加密：ETH) | -0.5% | 0.5% | $1,355.99 |
| 道格考因(Dogecoin)(密碼：Doge) | 0% | 1.8% | $0.06 |
| Cryptocurrency | 24-Hour % Change (+/-) | Price |
|---|---|---|
| XRP (XRP) | +7.5% | $0.5 |
| Stellar (XLM) | +6.1% | $0.11 |
| EOS (EOS) | +4.9% | $1.21 |
| 加密貨幣 | 24小時百分比更改(+/-) | 價格 |
|---|---|---|
| XRP(XRP) | +7.5% | $0.5 |
| 星光燦爛(XLm) | +6.1% | $0.11 |
| 埃奧斯(EOS) | +4.9% | $1.21 |
Why It Matters: Although $Ethereum (ETH.CC)$ traded in the red, major coins appeared resilient in the face of a tech meltdown on Thursday in the stock market. The $Nasdaq Composite Index (.IXIC.US)$ closed over 300 points lower intraday, while the $S&P 500 index (.SPX.US)$ slipped nearly 80 points.
為什麼這很重要：雖然$以太坊 (ETH.CC)$週四，面對股市的科技崩盤，以紅色交易的主要硬幣似乎具有彈性。這個$納斯達克綜合指數 (.IXIC.US)$盤中收盤時下跌超過300點，而$標普500指數 (.SPX.US)$下跌近80點。
Nasdaq and S&P 500 futures were marginally higher at 0.3% each at the time of writing.
納斯達克和標準普爾500指數期貨在撰寫本文時分別小幅上漲0.3%。
Bitcoin's correlation with tech stocks remains, but it isn't breaking as bad as it has during most of this cycle."
- said OANDASenior Market Analyst Edward Moya, in a note seen by Benzinga.
比特幣與科技股的相關性仍然存在，但它沒有像本輪週期的大部分時間那樣糟糕。
-賽義德OANDA高級市場分析師愛德華·莫亞，在Benzinga看到的一張紙條中。
Bitcoin is still above the $19,000 level despite a near 4% drop in the Nasdaq. It appears Wall Street believes crypto is close to the bottom and will become an attractive diversification strategy once the peak in Treasury yields is in place."
儘管納斯達克價格下跌了近4%，但比特幣仍高於19,000美元的水平。華爾街似乎認為，密碼已經接近底部，一旦美國國債收益率達到峯值，它將成為一種有吸引力的多元化策略。
Moya noted that "calls for another crypto crash have been somewhat quiet." He said Bitcoin has "major support" above the $18,000 mark.
莫亞指出，“再次發生密碼崩潰的呼聲有些低調。”他説，比特幣在18,000美元關口上方有“主要支撐”。
Market intelligence platform Santiment said if the correlation between Bitcoin and equities is easing, then "this is very encouraging."
市場情報平臺聖誕老人他説，如果比特幣和股票之間的關聯度正在緩解，那麼“這是非常令人鼓舞的。”
GlobalBlock analyst Marcus Sotiriou pointed to on-chain analytics, which he said were showing some bullish signs as far as the apex crypto is concerned.
全球區塊分析員馬庫斯·索蒂裏奧他指出，就頂端密碼而言，鏈上分析顯示出一些看漲跡象。
Comparing Long Term Holder (LTH) Realized Price with the Short Term Holder Realized (STH) Price, he said the STH Realized price had only crossed the LTH Realized price three times in Bitcoin's history untill the last weekend, when it crossed again.
在比較長期持有者實現價格(LTH)和短期持有者實現價格(STH)時，他表示，STH實現價格在比特幣歷史上只有三次超過LTH實現價格，直到上週末，再次跨越。
The other occasions this happened, it indicated a bottoming process. We can keep an eye on when the STH band crosses back over the LTH band to potentially signal a restart in the bull market, if Bitcoin follows the same pattern as previous bear markets."
- said Sotiriou.
在其他情況下，這種情況表明了一個觸底過程。如果比特幣遵循與之前熊市相同的模式，我們可以密切關注STH波段何時重新越過LTH波段，以潛在地發出牛市重啟的信號。
“索蒂裏奧説。
Glassnode tweeted on Thursday that the LTH profitability has dropped to levels seen during the lows of the Dec. 2018 bear market.
Glassnode週四，該公司在推特上表示，LTH的盈利能力已降至2018年12月熊市低點時的水平。
"Long-Term Holders are selling $BTC at an avg loss of 42%, indicating LTH spent coins have a cost basis around $32k," said the on-chain analysis firm.
這家連鎖分析公司表示：“長期持有者以42%的平均虧損賣出1美元比特幣，這表明長期持有的比特幣的成本基礎約為3.2萬美元。”
The United Kingdom's economic woes continue to impact Bitcoin. The apex coin's traded volume rose 11x on Thursday, according to Michaël van de Poppe.
英國的經濟困境繼續影響着比特幣。據報道，週四，這枚頂尖硬幣的交易量增長了11倍Michaël van de Poppe.
The cryptocurrency trader tweeted, "Bitcoin is the way out. However, before most people will realize this, it will be too late. That's why the time to accumulate is now."
這位加密貨幣交易員在推特上寫道，“比特幣是出路。然而，在大多數人意識到這一點之前，為時已晚。這就是為什麼現在是積累的時候。”
