隨著貿易商在等待即將舉行的美聯儲（FOMC）會議的結果，ADA和XRP週二領導了大滿貫賽事。

比特幣（BTC）的價格在周日短暫降至該水平以下，持續到了範圍內的行為，其價格低於94,000美元。

Cardano's ADA and XRP led losses among majors on Tuesday as traders await the outcome of the upcoming Federal Reserve (FOMC) meeting, where rates are expected to stay unchanged but Fed chair Jerome Powell's comments could provide cues on further market positioning.

隨著貿易商等待即將舉行的美聯儲（FOMC）會議的結果，Cardano的ADA和XRP在大滿貫賽中造成了損失，預計利率將保持不變，但美聯儲主席杰羅姆·鮑威爾（Jerome Powell）的評論可以提供有關進一步市場定位的線索。

Bitcoin (BTC) prices held above $94,000 after briefly dipping below that level on Sunday, continuing its recent range-bound behavior.

比特幣（BTC）的價格在周日短暫降至該水平以下，持續到了範圍內的行為，其價格低於94,000美元。

ADA price dropped nearly 4% while XRP slid similarly. Ether (ETH) fell nearly 1%, BNB Chain's BNB rose 1.3% and memecoin dogecoin (DOGE) was down 2% in the past 24 hours.

ADA價格下降了近4％，而XRP也同樣下跌。 Ether（ETH）下跌了近1％，BNB鏈的BNB上漲了1.3％，而Memecoin Dogecoin（Doge）在過去24小時內下降了2％。

The broad-based CoinDesk 20 (CD20), a liquid index that tracks the largest tokens by market capitalization, dropped a little over 1.8%.

基於廣泛的Coindesk 20（CD20）是一種按市值跟踪最大令牌的液體指數，下降了1.8％以上。

Elsewhere, some DeFi tokens such as AAVE, Curve's CRV, and Hyperliquid's HYPE have seen a bump in demand over the past week in a sign of trader interest toward projects with utility and yield mechanisms, some say.

有人說，在其他地方，某些Defi令牌，例如AAVE，Curve的CRV和Hyproliquid的Hype在過去一周的需求中，人們對具有實用性和產量機制的項目的興趣表明了貿易商的興趣。

"As memecoins fall out of favor, traders are turning to projects with stronger fundamentals and token economics," said Kay Lu, CEO of HashKey Eco Labs, told CoinDesk in a Telegram message.

Hashkey Eco Labs的首席執行官Kay Lu在一份電報消息中告訴Coindesk：“隨著Memecoins的失利，交易者正在轉向具有更強基本面和代幣經濟學的項目。”

"DeFi ecosystems are benefiting from this pivot, especially as Bitcoin shows decreased volatility and macro uncertainty lingers. We're hopeful to see the DeFi trend continue as Bitcoin maintains decreased volatility and crypto acts as a hedge for economic uncertainty," Lu added.

盧（Lu）補充說：“ defi生態系統正在從這個樞紐中受益，尤其是比特幣顯示出降低的波動性和宏觀不確定性的持續性。我們希望看到，隨著比特幣的波動性下降，defi趨勢的持續下降，加密貨幣作為經濟不確定性的對沖。”

HYPE led gains among the top 100 tokens with a 72% surge in the past week, with AAVE and CRV up as much as 40%.

在過去一周中，Hype帶來了前100個代幣中的增長，而AAVE和CRV上升了多達40％。

Powell's comment in focus

鮑威爾在焦點中的評論

Traders across both crypto and traditional finance markets are eyeing this week’s FOMC interest rate decision, with consensus expectations pointing to a pause in rate hikes.

加密貨幣市場和傳統財務市場的交易者都在關注本週的FOMC利率決策，共識期望的預期表明速度上漲。

However, uncertainty around inflation, tariffs, and the broader U.S.–China trade tensions has left many participants cautious.

但是，通貨膨脹，關稅和更廣泛的美國 - 中國貿易緊張局勢的不確定性使許多參與者謹慎。

"We don’t expect the FOMC to trigger a major move in markets," said Augustine Fan, Head of Insights at SignalPlus, in a Telegram message. “It’s a coin flip on direction. Crypto will likely take cues from broader earnings growth and how the economy digests the impact of recent trade policies.”

SignalPlus的見解主管Augustine Fan在一條電報消息中說：“我們不希望FOMC引發市場的重大行動。” “這是朝向方向發展的硬幣。加密貨幣可能會從更廣泛的收入增長以及經濟如何消化最近的貿易政策影響中。”

Recent stock market strength suggests that investors are pricing in only a mild recession risk, around 8%, according to historical drawdown models. That contrasts with more bearish signals from bond markets and macroeconomic forecasts, Fan added.

根據歷史縮寫模型，最近的股票市場實力表明，投資者的價格僅處於輕度衰退風險，約為8％。範補充說，這與債券市場和宏觀經濟預測的更多看跌信號形成鮮明對比。

Last week, President Trump confirmed no immediate plans for talks with China, dampening hopes for a breakthrough in U.S.–China trade negotiations. Still, the possibility of separate trade agreements has helped keep risk sentiment intact, as reported Monday.

上週，特朗普總統確認沒有與中國進行會談的直接計劃，這削弱了對美國 - 中國貿易談判取得突破的希望。如周一報導，儘管如此，單獨的貿易協定的可能性仍有助於保持風險情緒的完整狀態。