{"id":127116,"date":"2025-04-14T04:17:40","date_gmt":"2025-04-14T04:17:40","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127116"},"modified":"2025-04-14T04:17:40","modified_gmt":"2025-04-14T04:17:40","slug":"crypto-markets-relatively-orderly-despite-trump-tariff-chaos-nydig","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127116","title":{"rendered":"Crypto markets \u2018relatively orderly\u2019 despite Trump tariff chaos: NYDIG"},"content":{"rendered":"

Source: Cointelegraph.com NewsCrypto markets have been fairly stable amid wider market panic caused by US President Donald Trump\u2019s \u201con-again, off-again\u201d sweeping global tariffs, according to a New York Digital Investment Group (NYDIG) analyst.
\n\u201cDespite the carnage in traditional financial markets, the crypto markets have been relatively orderly,\u201d NYDIG global head of research Greg Cipolaro said in an April 11 note. \u201cHistorically, in broad risk-off moves, we tend to see stresses show up in crypto markets. We have yet to see that.\u201d
\nCipolaro said crypto perpetual futures rates have \u201cbeen persistently positive,\u201d with liquidations spiking on April 6 and 7 in the days after Trump first announced the tariffs on April 2 but only to a total of $480 million, which he added \u201cwas well below other notable liquidation events.\u201d
\nHe noted that the price of Tether (USDT), a US dollar-tracking stablecoin widely used token in crypto trading, was below $1 but had \u201cnot experienced a sharp decline.\u201d\u00a0
\nTrump unveiled a sweeping tariff regime on April 2 that lumped various levies on every country before pausing them for 90 days just hours after they came into effect on April 5 and instead charging a base tariff of 10%, besides China, which currently has tariffs of up to 145%.
\nTraditional and crypto markets tanked after Trump\u2019s April 2 tariff announcement, and many assets haven\u2019t recovered to the same level as before their unveiling.
\nStocks, bonds and foreign exchange volatility rates all rose after Trump\u2019s tariffs announcement. Source: NYDIGOver the weekend, the Trump administration caused more confusion with its tariffs, saying on April 13 that an April 11 decision to exempt many electronics from tariffs was temporary and they would still be hit with levies.
\nBitcoin fares well, declining volatility to make it widely attractive
\nCipolaro said that Bitcoin (BTC) didn\u2019t escape the market volatility, \u201cbut at current prices has fared far better than many other asset classes.\u201d
\nHe added that Bitcoin\u2019s volatility hasn\u2019t risen to historic levels, unlike the traditional markets, and \u201chas been relatively stable\u201d despite instability instigated by the Trump administration.
\n\u201cPerhaps investors are increasingly searching for stores of value not tied to sovereign countries and thus not affected by the trade turmoil.\u201d
\nBitcoin is down 22.5% from its mid-January peak of over $108,000 and has traded flat over the past 24 hours at $84,730, according to CoinGecko.
\nCipolaro said the narrowing gap between Bitcoin\u2019s volatility and other assets makes it \u201cincreasingly more appealing\u201d to funds with risk parity portfolios \u2014 those that use risk to choose asset allocations.
\nHe added that investors are likely reducing their risk exposure but \u201cperhaps some reallocation of asset mix to Bitcoin is one of the reasons it has been more buoyant.\u201d
\nRelated: S&P 500 briefly sees \u2018Bitcoin-level\u2019 volatility amid Trump tariff war
\n\u201cRisk parity funds allocating to Bitcoin can help dampen its volatility \u2014 making the asset more attractive and potentially reinforcing a virtuous cycle of increased adoption and stability,\u201d Cipolaro said.
\nHowever, YouHodler chief of markets Ruslan Lienkha told Cointelegraph in an April 12 note that despite a wider market rebound, \u201ctechnical indicators are painting a concerning picture.\u201d
\nHe said a \u201cdeath cross,\u201d when the 50-day moving average crosses below the 200-day moving average, is potentially forming on Bitcoin and the S&P 500.
\nLienkha said the pattern is \u201cgenerally considered a bearish signal for the medium term, suggesting that markets may struggle to sustain upward momentum without a clear catalyst or a stream of positive macroeconomic developments.\u201d\u00a0
\nMagazine: Financial nihilism in crypto is over \u2014 It\u2019s time to dream big againRead More<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Source: Cointelegraph.com NewsCrypto markets have been fairly stable amid wider market panic caused by US President Donald Trump\u2019s \u201con-again, off-again\u201d sweeping global tariffs, according to a New York Digital Investment… <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127116"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127116"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127116\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127116"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}