Cryptocurrency markets remain quite stable against the background of panic among investors in light of changes in US trade policy. This conclusion was reached by Nydig.
The analyst of the organization Greg Chipolaro estimated at $ 480 million the volume of liquidations that passed on April 6-7, which turned out to be “significantly lower than other similar events.”
According to a specialist, Bitcoin did not escape volatility, but “he feels much better than many other classes of assets.” The metric of variability of quotations, unlike traditional markets, did not rise to historical levels and “was relatively stable.”
According to the expert, a reduction in the gap between the volatility of the first cryptocurrency and other assets makes it “more attractive” for funds with portfolios of risk parity.
Bernstein called the “impressive” stamina of bitcoin against the background of tariff turbulence.
Earlier, ex-SEE BITMEX, Arthur Hayes said that the new duties of the United States are able to cause overcoming capital in digital gold.
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Source: Cryptocurrency
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