While stocks and other traditional investments faced pressure because of President Donald Trump’s changing tariff plans, cryptocurrency markets held steady.
According to an April 11 note from Greg Cipolaro, head of research at New York Digital Investment Group (NYDIG), even though global markets saw major sell-offs, crypto prices stayed mostly stable.
He pointed out that it is common for digital assets to drop during risk-off periods, but that has not happened yet.
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Bitcoin’s
He also mentioned that Tether
Futures tied to crypto assets stayed relatively balanced. Cipolaro mentioned that while there were some forced sell-offs after the April 2 tariff announcement, they added up to around $480 million.
Furthermore, Cipolaro explained that funds using risk-based strategies might see Bitcoin as a better fit since its price swings have become more in line with traditional assets.
Meanwhile, the World Food Program USA, a nonprofit closely connected to the UN World Food Programme, has begun accepting donations in over 80 cryptocurrencies. Why? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
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