比特币（BTC）与其他加密货币的竞争

我们最近编制了 10 种最值得立即购买的加密货币的列表。在本文中，我们将看看比特币（BTC）相对于其他加密货币的立场。

Cryptocurrency is one of the most volatile markets as it mainly derives its value from Bitcoin (BTC), which is the biggest cryptocurrency. Bitcoin has almost 54% share of the crypto market with a market capitalization of $1.33 trillion, as of July 20. The market move depends on the overall movement of Bitcoin. Whereas, cryptocurrencies such as Ethereum (ETH) and XRP (XRP) are considered alternatives to Bitcoin and they sometimes tend to move opposite to Bitcoin. In addition, cryptos such as Ethereum and XRP have unique features and use cases. For instance, XRP’s money transfer network, Ripple, serves the financial services industry's needs. XRP’s Ripple has collaborations with Banco Santander, S.A. (NYSE:SAN), Canadian Imperial Bank of Commerce (NYSE:CM), and Kotak Mahindra Bank Limited (NSE:KOTAKBANK), among others. These are some of the leading banks that use XRP’s RippleNet for swift, low transaction cost, and versatile exchange network transfer technology.

加密货币是最不稳定的市场之一，因为它的价值主要来自最大的加密货币比特币（BTC）。截至 7 月 20 日，比特币占据加密货币市场近 54% 的份额，市值为 1.33 万亿美元。市场走势取决于比特币的整体走势。然而，以太坊（ETH）和瑞波币（XRP）等加密货币被认为是比特币的替代品，并且它们有时往往与比特币相反。此外，以太坊和 XRP 等加密货币具有独特的功能和用例。例如，XRP 的汇款网络 Ripple 可以满足金融服务行业的需求。 XRP 的 Ripple 与桑坦德银行 (NYSE:SAN)、加拿大帝国商业银行 (NYSE:CM) 和 Kotak Mahindra Bank Limited (NSE:KOTAKBANK) 等都有合作。这些是一些领先的银行，它们使用 XRP 的 RippleNet 来实现快速、低交易成本和多功能的交换网络传输技术。

Around 13.7% of the population in the US owned cryptocurrencies in 2022, according to the US International Trade Commission. The US is one of the leading countries with the highest cryptocurrency adoption. In April 2023, there were almost 420 million global cryptocurrency users.

根据美国国际贸易委员会的数据，到 2022 年，大约 13.7% 的美国人口拥有加密货币。美国是加密货币采用率最高的主要国家之一。 2023年4月，全球加密货币用户接近4.2亿。

Crypto Market Overview

加密货币市场概览

The cryptocurrency market capitalization stood at $2.40 trillion, as of July 20, 2024. The crypto market capitalization was less than half a year ago, around $1.20 trillion, as of July 20, 2023. On January 1, 2024, the market cap had surged to $1.66 trillion. The surge in the crypto market was because of the rise of Bitcoin, mainly driven by the approval of Bitcoin Spot Exchange Traded Funds (ETFs) by the US SEC and the Bitcoin halving event. These major developments have injected a new bullish sentiment among investors. The difference can be seen with the increase in the trading volume of cryptocurrencies. As per Coinmarketcap, the trading volume of cryptocurrencies was around $84 billion on July 20, 2024, compared to $36 billion a year ago.

截至 2024 年 7 月 20 日，加密货币市值为 2.40 万亿美元。不到半年前，截至 2023 年 7 月 20 日，加密货币市值约为 1.20 万亿美元。2024 年 1 月 1 日，市值飙升至 1.66 万亿美元。加密市场的飙升是因为比特币的崛起，主要是由美国 SEC 批准比特币现货交易所交易基金（ETF）和比特币减半事件推动的。这些重大事态发展为投资者注入了新的看涨情绪。随着加密货币交易量的增加可以看出差异。根据 Coinmarketcap 的数据，2024 年 7 月 20 日，加密货币的交易量约为 840 亿美元，而一年前为 360 亿美元。

Bitcoin halving is an important event that reduces the rate of issuance of new BTC and the rewards for successful bitcoin miners are cut in half. Almost 21 million Bitcoins will ever be produced and halving reduces amount of new supply of BTC which impacts the rate of new BTC coins. On April 20, the fourth Bitcoin halving took place. The immediate impact of the halving is felt by miners, who experience the block rewards cut in half. According to an analyst, Megan Stals, “Bitcoin trading volume generally sees the most significant increase in the 60 days prior to halvings, as interest builds and prices gain momentum.”

比特币减半是一个重要事件，它降低了新比特币的发行速度，成功的比特币矿工的奖励也减少了一半。比特币将生产近 2100 万枚，减半会减少 BTC 的新增供应量，从而影响新 BTC 硬币的生成速度。 4月20日，比特币第四次减半。矿工们感受到了减半的直接影响，他们的区块奖励减少了一半。分析师 Megan Stals 表示，“随着兴趣的增加和价格的上涨，比特币交易量通常会在减半前的 60 天内出现最显着的增长。”

Bitcoin and Ethereum have experienced a slight improvement in their market dominance. On January 1, 2024, Bitcoin and Ethereum had a dominance of 52.08% and 16.50%, respectively. On July 20, 2024, Bitcoin dominated with almost 54% and Ethereum dominated with a 17% share. The Coinmarketcap Crypto Fear and Greed index shows a score of 60.06 compared to 67.58 on January 1, 2024. The CMC Crypto Fear and Greed Index by Coinmarketcap indicates the market buying and selling sentiment. A score closer to 0 means an extreme market fear and shows investors have oversold irrationally, while a score closer to 100 means an extremely greedy market and indicates a potential market correction. The score of 60.06 signals a slightly greedy market, however, it is to be noted that it is below the score of 67.58, at the beginning of the year when the market started a bull run.

比特币和以太坊的市场主导地位略有改善。 2024 年 1 月 1 日，比特币和以太坊的主导地位分别为 52.08% 和 16.50%。 2024 年 7 月 20 日，比特币占据了近 54% 的份额，以太坊占据了 17% 的份额。 Coinmarketcap 加密货币恐惧和贪婪指数的得分为 60.06，而 2024 年 1 月 1 日为 67.58。Coinmarketcap 的 CMC 加密货币恐惧和贪婪指数显示了市场买卖情绪。接近0的分数意味着市场极度恐惧，表明投资者非理性超卖，而接近100的分数意味着市场极度贪婪，表明市场可能出现回调。 60.06 的分数表明市场略显贪婪，但值得注意的是，该分数低于年初市场开始牛市时的 67.58 分数。

Mark Cuban recently pointed out that if the US dollar declines as the global reserve currency, Bitcoin could become a ‘safe-haven’ globally. Countries suffering from hyperinflation are already investing in Bitcoin. Ukraine and Vietnam are two of the leading countries that use crypto and bitcoin the most.

马克·库班最近指出，如果美元作为全球储备货币的地位下降，比特币可能成为全球的“避风港”。遭受恶性通货膨胀的国家已经开始投资比特币。乌克兰和越南是使用加密货币和比特币最多的两个主要国家。

Ethereum’s Squeezed Supply

以太坊供应紧张

Over $3 billion worth of Ethereum (ETH) has been removed from centralized crypto exchanges since the approval of spot Ether exchange-traded funds (ETFs) in the US on May 23. The Glassnode data shows that the supply of Ethereum held on exchanges is at its lowest level in years at around 10.6%. As per the CryptoQuant data, the total Ethereum on exchanges has plunged by almost 797,000 between May 23 and June 2, worth approximately $3.02 billion. The low supply of Ethereum on exchanges means that fewer ETH

自 5 月 23 日美国批准现货以太币交易所交易基金 (ETF) 以来，价值超过 30 亿美元的以太坊 (ETH) 已从中心化加密货币交易所中移除。Glassnode 数据显示，交易所持有的以太坊供应量为为多年来的最低水平，约为 10.6%。根据 CryptoQuant 的数据，5 月 23 日至 6 月 2 日期间，交易所的以太币总量暴跌近 797,000 个，价值约 30.2 亿美元。交易所上以太坊的供应量低意味着以太坊的数量会减少