Analyst: Despite Trump's tariff policy causing market panic, the cryptocurrency market remains "relatively stable."
ChainCatcher news, according to Cointelegraph, Greg Cipolaro, the global research director of the New York Digital Investment Group (NYDIG), pointed out in a report on April 11 that despite the global tariff policy implemented by Trump causing market panic, the cryptocurrency market remains relatively stable. He mentioned that the perpetual futures rates for cryptocurrencies have consistently been positive, and while the liquidation volume surged after Trump's tariff announcement, the total amount was not high, and Bitcoin's performance far outpaced other assets, with volatility not rising to historical highs.Greg Cipolaro believes that investors may increasingly prefer to seek stores of value that are unaffected by trade turmoil. The narrowing gap in Bitcoin's volatility compared to other assets makes it more attractive to risk parity strategy funds. He analyzed that investors may be reducing their risk exposure, and allocating part of their assets to Bitcoin could be one reason for its robust performance. Additionally, the allocation of Bitcoin by risk parity funds helps to reduce volatility, enhance asset attractiveness, and create a virtuous cycle.