A crypto market crash appears to be imminent, with Bitcoin, Ethereum, XRP, and Dogecoin witnessing notable declines. This price crash happened following the release of weak manufacturing PMI and JOLTS data, which provides a bearish outlook for the market.

加密货币市场崩溃似乎即将发生，比特币，以太坊，XRP和Dogecoin目睹了显着的下降。这次价格崩溃发生在弱制造PMI和JOLTS数据发布后，这为市场提供了看跌的前景。

Crypto Market Crash: BTC, ETH, XRP, & DOGE Decline

加密市场崩溃：BTC，ETH，XRP和DOGE下降

CoinMarketCap data shows that a crypto market crash could be on the horizon, with the Bitcoin price sharply dropping below $83,000 from a daily high of around $84,400. Altcoins such as Ethereum, XRP, and DOGE also witnessed sharp declines.

CoinMarketCap数据表明，加密货币市场崩溃可能即将到来，比特币价格从每日高约84,400美元的高点下降到83,000美元以下。诸如以太坊，XRP和Doge之类的山寨币也见证了急剧下降。

This market crash occurred following the release of weak ISM manufacturing PMI and JOLTS data. The March PMI data dropped to 49, below expectations of 49.5 and lower than the 50 recorded in February.

在发布弱的ISM制造PMI和震动数据后，发生了这一市场崩溃。 3月PMI数据降至49，低于预期49.5，低于2月记录的50个。

The US JOLTS job openings for February came in at 7.568 million, below the expected 7.690 million and lower than the 7.762 million recorded in January. These data add to several macro fundamentals that paint a bearish outlook for the market.

美国2月份的震动职位空缺为75.68亿，低于预期的769亿，低于一月份记录的7762万。这些数据增加了几个宏观基本面，这些基本面为市场上看跌。

This crypto market crash could persist, with China, Japan, and South Korea agreeing to respond to Donald Trump’s proposed tariffs. Trump is set to announce a number of reciprocal tariffs tomorrow, which could significantly harm the market as it sets off a trade war between the US and other nations.

这次加密市场崩溃可能会持续存在，中国，日本和韩国同意对唐纳德·特朗普提议的关税做出回应。特朗普将于明天宣布许多互惠关税，这可能会严重损害市场，因为它引发了美国与其他国家之间的贸易战。

Meanwhile, the US Federal Reserve also continues to hold out on cutting interest rates, which is another macro fundamental that continues to spark a bearish sentiment among investors. Although the Fed announced plans to slow balance sheet runoff starting April 1, Trump’s tariffs have overshadowed this move.

同时，美国美联储还继续坚持降低利率，这是另一种宏观基本，它继续引起投资者的看跌感。尽管美联储宣布计划从4月1日开始放慢资产负债表的速度，但特朗普的关税掩盖了这一举动。

This post was originally published on TrustNodes.

该帖子最初发表在TrustNodes上。

The March PMI data came in weaker than expected, dropping to 49. The reading went down from 50 in February and missed expectations of 49.5.

3月的PMI数据比预期的弱，下降到49个。读数从2月份的50个下降，缺少49.5的期望。

The US JOLTS job openings for February came in at 7.568 million, below the expected 7.690 million and lower than the 7.762 million recorded in January.

美国2月份的震动职位空缺为75.68亿，低于预期的769亿，低于一月份记录的7762万。

These data add to several macro fundamentals that paint a bearish outlook for the market. China, Japan, and South Korea have agreed to respond to Donald Trump’s proposed tariffs. Trump is set to announce a number of reciprocal tariffs on Tuesday, which could significantly harm the market as it sets off a trade war between the US and other nations.

这些数据增加了几个宏观基本面，这些基本面为市场上看跌。中国，日本和韩国已同意回应唐纳德·特朗普提议的关税。特朗普将于周二宣布许多互惠关税，这可能会严重损害市场，因为它引发了美国与其他国家之间的贸易战。

The US Federal Reserve is also continuing to hold out on cutting interest rates, which is another macro fundamental that continues to spark a bearish sentiment among investors. Although the Fed announced plans to slow balance sheet runoff starting April 1, Trump’s tariffs have overshadowed this move.

美国美联储还继续坚持降低利率，这是另一种宏观基本，它继续激发投资者的看跌感。尽管美联储宣布计划从4月1日开始放慢资产负债表的速度，但特朗普的关税掩盖了这一举动。

Several crypto analysts have suggested that the bull run is still far from over. For instance, Titan of Crypto noted that the Bitcoin price closed March a bit above the 38.2% Fibonacci retracement level, which keeps the bullish scenario alive for now, and all eyes will be on what April has in store.

几位加密分析师表明，公牛跑还远远没有结束。例如，加密货币的泰坦（Titan）指出，比特币的价格在3月份上涨了三月份，高于38.2％的斐波那契回撤水平，这使看涨的情况保持生命，所有人的目光都将关注四月的商品。

On the other hand, crypto analyst Kevin Capital mentioned that BTC is simply in a correction phase, which will end soon. According to him, what is important is what the flagship crypto does afterward, whether it reaches new highs or only creates higher lows.

另一方面，加密分析师凯文资本（Kevin Capital）提到，BTC只是处于更正阶段，这将很快结束。据他说，重要的是旗舰加密之后所做的事情，无论是达到新的高点还是仅创造更高的低点。

Despite BTC’s erratic price action, whales such as MicroStrategy are still actively accumulating more coins. Saylor’s company recently announced the purchase of 22,048 Bitcoins for $1.92 billion.

尽管BTC的价格不稳定，但诸如MicroStrategy之类的鲸鱼仍在积极积累更多的硬币。 Saylor的公司最近以19.2亿美元的价格宣布购买22,048个比特币。