Bitcoin's journey towards $120,000 encountered resistance yesterday, leading to a slight retracement. After repeated attempts to breach this level, the price experienced a downward correction.
昨天,比特币朝12万美元的旅程遇到了抵抗,导致了轻微的回答。在反复尝试违反此级别的尝试后,价格进行了下降校正。
Altcoins, which had enjoyed substantial gains, have generally seen more pronounced price declines over the past 24 hours.
在过去的24小时内,AltCoins的价格较大,通常情况下的价格更为明显。
BTC Stalls at $120K
BTC摊位为$ 120K
Bitcoin commenced the week with considerable momentum, extending its upward trend from the previous week and peaking at over $123,000 on Monday. This surge established a new all-time high, marking an increase of over $15,000 in approximately five days.
比特币以相当大的势头开始了本周,从上一周开始将其上升趋势扩大到周一以上超过123,000美元。这次激增建立了一个新的历史最高水平,大约在五天内增长了15,000美元以上。
However, this bullish momentum subsided, and the asset underwent a correction. Over the following day, Bitcoin shed over $7,000, influenced by profit-taking and concerns arising from the June CPI data in the US.
但是,这种看涨的势头消退了,资产进行了更正。在第二天,比特币削减了7,000美元,受到利润的影响以及美国6月CPI数据引起的担忧。
Despite this downturn, buyers intervened to prevent further losses, and BTC initiated a recovery. Towards the week's end, it tested the $120,000 mark and even briefly touched $121,000, but failed to sustain these levels. Subsequent rejections resulted in a downward movement, with BTC falling to $117,000 yesterday.
尽管经济低迷,但买家仍干预以防止进一步的损失,而BTC开始了恢复。在本周结束时,它测试了120,000美元的成绩,甚至短暂触及了121,000美元,但未能维持这些水平。随后的拒绝导致下降,BTC昨天下降至117,000美元。
Currently, Bitcoin has regained some ground and is trading around $118,000, although it remains down on the day. Its market capitalization has decreased to $2.350 trillion, while its dominance over the altcoin market is below 60%.
目前,比特币已经恢复了一定的地面,并且正在交易约118,000美元,尽管当天仍然倒闭。它的市值已减少到2.35万亿美元,而其对山寨币市场的统治地位低于60%。

BTCUSD. Source: TradingView
btcusd。资料来源:TradingView
Altcoins Experience a Pullback
Altcoins经历回调
Many altcoins registered notable gains recently, but the market dynamic has shifted. Ethereum, after reaching $3,700, has retreated below $3,600.
最近,许多Altcoins都注册了著名的收益,但市场动态发生了变化。以太坊达到3,700美元后,已退缩到3,600美元以下。
SUI has experienced the most significant decline among larger-cap altcoins, followed by XLM, ADA, SOL, and LINK. Dogecoin and ETC are notable exceptions within this group.
SUI在较大股山顶上的下降最大,其次是XLM,ADA,SOL和LINK。 Dogecoin等是该组中的显着例外。
The total cryptocurrency market capitalization, which surpassed $4 trillion, has decreased by $100 billion from its peak, currently standing at $3.940 trillion.
超过4万亿美元的加密货币市值从其峰值下降了1000亿美元,目前为3.940万亿美元。

Cryptocurrency Market Overview. Source: QuantifyCrypto
加密货币市场概述。来源:QuantifyCrypto
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