According to NYDIG analyst Greg Cipolaro, the crypto markets have shown remarkable stability despite turmoil in traditional financial markets following the recent tariff announcements by US President Donald Trump. In an analysis dated April 11, Cipolaro noted that crypto futures rates remained 'persistently positive' amid the chaos associated with tariffs that became effective on April 5. He pointed out that while there were significant liquidations in the market, totaling $480 million, this was relatively low compared to other market events. Cipolaro observed that Bitcoin, despite some decline, has performed better than many asset classes, with its volatility not reaching historic highs. He suggested that investors might be turning to assets like Bitcoin as a store of value, less influenced by trade conflicts. However, some market analysts have indicated concerning trends in Bitcoin technical indicators, potentially signaling medium-term challenges ahead. Overall, despite Trump's tariff backdrop, the overall performance of cryptocurrencies has remained stable, which could appeal to risk-averse investors seeking alternatives.

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