The encryption markets were somewhat stable amid the broader panic in the market resulting from a global tariff for US President Donald Trump “on an introduction, individual.”
“Despite the massacre in traditional financial markets, the encryption markets were relatively organized,” the global NYDIG president of Greg Cipolaro He said In April 11 note. “Historically, in large -scale movements, we tend to see pressure appear in the encryption markets. We haven't seen it yet.”
Sibolaro said that the future futures contract rates were “constantly positive”, as it is linking the rank on April 6 and 7 in the days after the Trump declaration first of the definitions on April 2, but only a total of $ 480 million, which he added, “was much less than other prominent liquidation events.”
He pointed out that the price of Tether (USDT), which is the Stablecoin symbol that tracks the US dollar was less than $ 1, but had no sharp decline.
Trump revealed a sweeping tariff system on April 2 that collected the various fees on each country before they stopped for 90 days, just hours after they came into effect on April 5, and instead, a 10 % base tariff was charged, along with China, which currently reaches a tariff of up to 145 %.
Traditional markets and encryption were launched after Trump's introductory announcement on April 2, and many assets did not recover to the same level as was the case before it was revealed.
The stocks, bonds, and prices of foreign exchange fluctuations increased after the Trump tariff was announced. source: spiteful
During the weekend, the Trump administration caused more confusion with its tariff, saying on April 13 that the April 11 decision to exempt many electronics from the customs tariff was temporary and would be beaten.
Bitcoin prices well, which retracts volatility to make it attractive on a large scale
“The current prices were much better than many other asset categories.”
He added that bitcoin fluctuations did not rise to historical levels, unlike traditional markets, and were “relatively stable” despite the instability on the Trump administration.
“Investors may increase increasingly for the value stores that are not associated with sovereign countries, and therefore are not affected by commercial turmoil.”
Bitcoin has decreased by 22.5 % of its peak in mid -January, more than $ 108,000 and has been traded over the past 24 hours at 84,730 dollars, According to To Coingecko.
Sibolaro said that the narrow gap between bitcoin fluctuations and other assets makes it “increasingly more attractive” funds with risk conservatives – those that use risks to choose asset assets.
He added that investors are likely to reduce their risk, but “some re -customization of the asset mix to Bitcoin may be one of the reasons that make it more prosperous.”
Related to: S & P 500 sees a brief period of “bitcoin level” fluctuations in the Trump war of tariffs
“Equalities can help in risk allocating the bitcoin currency in reducing its fluctuations – which makes the original more attractive and may enhance a virtuous cycle of increasing adoption and stability,” said Sebularo.
However, Youhodler RUUSLAN LIENKHA, in a note on April 12, told Rusller Lienkha in a note on April 12 that, although the wider market recovery, “technical indicators draw a distinctive image.”
He said that the “death cross”, when the moving average crosses for 50 days without the 200 -day moving average, is likely to form bitcoin and S&P 500.
Linga said that the style “is generally considered a declining indication of the medium term, which indicates that the markets may be struggled to maintain ascending momentum without a clear incentive or a stream of positive economic developments.”
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