Telegram (AI) YouTube Facebook X
Ру
Bitcoin's Resilience Amid Tariff Turmoil Highlighted by NYDIG

Bitcoin’s Resilience Amid Tariff Turmoil Highlighted by NYDIG

Cryptocurrency markets have shown remarkable resilience amidst investor panic over changes in U.S. trade policy, according to NYDIG.

“Historically, during a broad decline in risk appetite, we have observed stress in digital assets. This is not currently the case,” the review states.

Greg Cipolaro, an analyst at the organization, estimated the liquidation volume on April 6-7 at $480 million, which was “significantly lower than other similar events.”

According to the specialist, Bitcoin has not escaped volatility but is “faring much better than many other asset classes.” The volatility metric, unlike traditional markets, has not reached historical levels and “remained relatively stable.”

1-1512
Data: NYDIG.

“Perhaps investors are increasingly seeking capital preservation means that are not tied to sovereign nations and, therefore, unaffected by trade upheavals,” Cipolaro explained.

The expert believes that the narrowing gap between the volatility of the leading cryptocurrency and other assets makes it “increasingly attractive” for funds with risk parity portfolios.

In April, Bernstein described Bitcoin’s resilience amid tariff turbulence as “impressive.”

Earlier, former BitMEX CEO Arthur Hayes stated that new U.S. tariffs could trigger a capital shift into digital gold.

Подписывайтесь на ForkLog в социальных сетях

Telegram (основной канал) Facebook X
Нашли ошибку в тексте? Выделите ее и нажмите CTRL+ENTER

Рассылки ForkLog: держите руку на пульсе биткоин-индустрии!

We use cookies to improve the quality of our service.

By using this website, you agree to the Privacy policy.

OK