為什麼山寨幣本週飆升兩位數

當我們進入夏季的最後幾週時，加密貨幣市場開始升溫，就像七月中旬一樣。眾多新聞動態和趨勢推動了集會

Cryptocurrency prices rose sharply this week as several news developments and trends that have fueled rallies in digital coins and tokens in the past began to give the market a boost again.

加密貨幣價格本周大幅上漲，因為過去推動數位貨幣和代幣上漲的幾項新聞動態和趨勢開始再次提振市場。

As a result, many digital coins enjoyed gains of comfortable double-digit percentages over the course of the week.

結果，許多數位貨幣在一周內獲得了兩位數百分比的漲幅。

There was also a lot of variation in that uptick, according to data compiled by S&P Global Market Intelligence. Smart contract platform anchor coin Throne (CRYPTO: TRX) rose nearly 19% over the period, with a utility token Chain link (CRYPTO: LINK) not far behind with a gain of 17%. Everything-but-the-kitchen-sink chain BNB‘S (CRYPTO: BNB) native cryptocurrency surged nearly 13%, and meme crypto holders Pepe (CRYPTO: PEPE) were certainly pleased with the increase of almost 18%.

根據標準普爾全球市場情報公司彙編的數據，這種上漲也存在很大差異。智慧合約平台主力幣 Throne (CRYPTO: TRX) 在此期間上漲了近 19%，實用代幣 Chain link (CRYPTO: LINK) 緊隨其後，漲幅為 17%。除了廚房水槽之外的一切鏈 BNB (CRYPTO: BNB) 原生加密貨幣飆升近 13%，meme 加密貨幣持有者 Pepe (CRYPTO: PEPE) 當然對近 18% 的漲幅感到滿意。

A very pleasant late summer revival

一個非常愉快的夏末復興

Cryptocurrencies have been in a tailspin — let’s call it a “correction” — since earlier this month. The release of US economic data raised fears of a looming recession, and that kind of environment is not good for most financial assets. It’s especially threatening for assets that are considered high risk, and even after all this time, most cryptos (except possibly Bitcoin and, at some point, Ethereum) fall into this category.

自本月初以來，加密貨幣一直處於混亂之中——我們稱之為「調整」。美國經濟數據的發布引發了人們對即將到來的衰退的擔憂，而這種環境對大多數金融資產來說並不好。對於被認為是高風險的資產來說，這尤其具有威脅，即使過了這麼久，大多數加密貨幣（可能除了比特幣，有時還有以太坊）都屬於這一類。

These growing fears were further heightened when the Federal Reserve (Fed) remained steadfast in its policy of keeping interest rates unchanged. All things being equal, lower interest rates encourage market players to pursue riskier investments, hence the crypto space’s thirst for a Fed rate cut or more.

當聯準會（Fed）堅持維持利率不變的政策時，這種日益增長的擔憂進一步加劇。在所有條件相同的情況下，較低的利率會鼓勵市場參與者追求風險較高的投資，因此加密貨幣領域渴望聯準會降息或進一步降息。

The situation changed notably in the middle of the month. Last week, inflation figures showed that the current macroeconomic bogeyman seemed to be fading considerably. The year-on-year increase in the consumer price index (CPI) was 2.9%, which was the first time it fell below 3% since the pandemic month of March 2021. That figure was also well below many economists’ forecasts.

月中情況發生了顯著變化。上週的通膨數據顯示，目前的宏觀經濟惡魔似乎正在大幅消退。居民消費物價指數（CPI）年漲幅為2.9%，這是自2021年3月疫情爆發月份以來首次跌破3%。

That good news was reinforced by this week’s analysis from the influential research organization Conference Board. Leading economic indicators (LEI), considered by many to be reliable signals of potential economic distress, fell 2.1% in the six months ending in July. That compared favorably with the 3.1% decline in the previous half-year period. According to the board, this kind of trajectory “is no longer a precursor to recession.” While economic growth is expected to slow, it should not be as drastic as some fear.

頗具影響力的研究組織世界大型企業聯合會本週的分析進一步證實了這個好消息。領先經濟指標 (LEI) 被許多人認為是潛在經濟困境的可靠訊號，在截至 7 月的六個月中下降了 2.1%。與上半年期間 3.1% 的降幅相比，這一數字相當不錯。董事會表示，這種軌跡「不再是衰退的前兆」。雖然經濟成長預計將放緩，但不會像一些人擔心的那樣劇烈。

The story continues

故事還在繼續

It’s almost time for cuts!

快到了減產的時間了！

Meanwhile, crypto investors — and the rest of the financial world — got their surest sign yet on Friday that the Fed is about to pull the trigger. Chairman Jerome Powell spoke of rate cuts as if they were an imminent event, rather than a remote possibility or wild speculation.

與此同時，加密貨幣投資者以及金融界的其他人士在周五得到了迄今為止最確定的信號，即聯準會即將扣動扳機。主席鮑威爾談到降息時就好像降息是迫在眉睫的事件，而不是遙遠的可能性或瘋狂的猜測。

“It is time for policy to adapt,” he said in his keynote speech at the organization’s annual retreat. “The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the changing outlook and the balance of risks.”

「現在是政策調整的時候了，」他在該組織年度務虛會上的主題演講中說道。 “前進的方向是明確的，降息的時機和步伐將取決於即將發布的數據、不斷變化的前景和風險平衡。”