在美國總統唐納德·特朗普（Donald Trump）的“越來越多”的全球關稅引起的更廣泛的市場中，比特幣（BTC）市場相對穩定

據紐約數字投資集團（NYDIG）分析師稱，儘管傳統金融市場上有屠殺，但加密貨幣市場仍然相對有序。

Crypto markets have been fairly stable amid wider market panic caused by US President Donald Trump’s “on-again, off-again” sweeping global tariffs, according to a New York Digital Investment Group (NYDIG) analyst.

根據紐約數字投資集團（NYDIG）分析師的說法，在美國總統唐納德·特朗普（Donald Trump）的“不斷變化，不斷變化”的全球關稅引起的更廣泛的市場恐慌中，加密貨幣市場相當穩定。

“Despite the carnage in traditional financial markets, the crypto markets have been relatively orderly,” NYDIG global head of research Greg Cipolaro said in an April 11 note. “Historically, in broad risk-off moves, we tend to see stresses show up in crypto markets. We have yet to see that.”

NYDIG全球研究負責人Greg Cipolaro在4月11日的票據中說：“儘管傳統金融市場上的大屠殺還是相對有序的。” “從歷史上看，在廣泛的風險舉動中，我們傾向於看到加密貨幣市場出現的壓力。我們還沒有看到這一點。”

Cipolaro said crypto perpetual futures rates have “been persistently positive,” 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 “was well below other notable liquidation events.”

Cipolaro表示，加密永久期貨利率“持續了積極”，在特朗普於4月2日首次宣布關稅的日子4月6日至7日，清算率飆升，但總計4.8億美元，他補充說，這遠低於其他值得注意的清算活動。 ”

He noted that the price of Tether USDTUSD, a US dollar-tracking stablecoin widely used token in crypto trading, was below $1 but had “not experienced a sharp decline.”

他指出，Tether Usdtusd的價格是Crypto Trading中廣泛使用的美元型穩定的Stablecoin的價格，低於1美元，但“沒有經歷急劇下降”。

Trump 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%.

特朗普於4月2日宣布了一個全面的關稅政權，該政權在每個國家 /地區都徵收各種徵稅，然後在4月5日生效後僅暫停了90天，而是收取10％的基本關稅，除了中國，目前的關稅最高可達145％。

Traditional and crypto markets tanked after Trump’s April 2 tariff announcement, and many assets haven’t recovered to the same level as before their unveiling.

在特朗普4月2日的關稅宣布之後，傳統和加密貨幣市場迅速下跌，許多資產尚未恢復到與其揭幕之前相同的水平。

Over 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.

在周末，特朗普政府對其關稅造成了更多的困惑，他於4月13日在4月11日決定將許多電子產品免於關稅的決定是暫時的，他們仍然會受到稅款的打擊。

Bitcoin fares well, declining volatility to make it widely attractive

比特幣票價良好，波動性下降以使其廣泛吸引人

Cipolaro said that Bitcoin (BTC) didn’t escape the market volatility, “but at current prices has fared far better than many other asset classes.”

Cipolaro說，比特幣（BTC）並沒有逃脫市場的波動，“但目前的價格遠遠超過了許多其他資產類別。”

He added that Bitcoin’s volatility hasn’t risen to historic levels, unlike the traditional markets, and “has been relatively stable” despite instability instigated by the Trump administration.

他補充說，與傳統市場不同，比特幣的波動並沒有提高到歷史水平，儘管特朗普政府煽動了不穩定，但“相對穩定”。

“Perhaps investors are increasingly searching for stores of value not tied to sovereign countries and thus not affected by the trade turmoil.”

“也許投資者越來越多地尋找與主權國家無關的價值存儲，因此不受貿易動蕩的影響。”

Bitcoin 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.

根據Coingecko的數據，比特幣的峰值下降了22.5％，其1月中旬的峰值超過108,000美元，在過去的24小時內交易，售價為84,730美元。

Cipolaro said the narrowing gap between Bitcoin’s volatility and other assets makes it “increasingly more appealing” to funds with risk parity portfolios — those that use risk to choose asset allocations.

Cipolaro表示，比特幣的波動性和其他資產之間的差異使其對風險奇偶校驗組合的資金“越來越吸引人”，即那些使用風險選擇資產分配的資金。

He added that investors are likely reducing their risk exposure but “perhaps some reallocation of asset mix to Bitcoin is one of the reasons it has been more buoyant.”

他補充說，投資者可能正在降低風險敞口，但“也許對比特幣進行資產混合的一些重新分配是它更加浮力的原因之一。”

“Risk parity funds allocating to Bitcoin can help dampen its volatility — making the asset more attractive and potentially reinforcing a virtuous cycle of increased adoption and stability,” Cipolaro said.

Cipolaro說：“分配給比特幣的風險均衡基金可以幫助抑制其波動性 - 使資產更具吸引力，並有可能增強採用和穩定性的良性循環。”

However, YouHodler chief of markets Ruslan Lienkha told Cointelegraph in an April 12 note that despite a wider market rebound, “technical indicators are painting a concerning picture.”

但是，YouHodler市場負責人Ruslan Lienkha在4月12日的一份指出中告訴Cointelegraph，儘管市場反彈更廣泛，“技術指標正在繪畫有關圖片的繪畫。”

He said a “death cross,” when the 50-day moving average crosses below the 200-day moving average, is potentially forming on Bitcoin and the S&P 500.

他說，“死亡十字架”，當50天移動平均線越過200天移動平均線以下時，比特幣和標準普爾500指數可能形成。

Lienkha said the pattern is “generally 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.”

Lienkha說，這種模式“通常被認為是中期的看跌信號，這表明市場可能在沒有明確的催化劑或一系列積極的宏觀經濟發展方面努力維持向上的動力。”