Bitcoin and Altcoins Face Continued Investor Aversion Amid Concentrated Altcoin Volumes
A recent report by Kaiko Research and BRN has shed light on the evolving landscape of cryptocurrency trading, particularly highlighting the increasing concentration of altcoin trading volumes and the ongoing aversion of investors to riskier assets like Bitcoin.
Altcoin Volumes More Concentrated Than Ever; Risk Assets Losing Favor
Altcoin trade volumes have become more concentrated, according to a Kaiko Research and BRN report. Even before recent tariffs, risk assets such as Bitcoin and other cryptocurrencies were falling out of favor with investors. With tariffs now in place, it’s likely that investors will continue to shy away from these riskier assets. The report noted that altcoins have struggled to reach their 2021-2022 peaks. However, altcoin dominance levels are rising relative to Bitcoin, albeit unevenly.
Arthur Hayes Sees Bitcoin and Gold Rising Due to Trump’s Tariffs
Arthur Hayes, co-founder of Bitmex, believes that Donald Trump’s tariff policies can strengthen assets like Bitcoin (BTC) and gold. In an uncertain global context marked by economic and geopolitical tensions, Hayes sees these assets as shields against inflation and market volatility. The recent tariff policies caused significant volatility in BTC, which fell to as low as $82,352, demonstrating the impact of economic uncertainties on digital assets. Hayes views this economic uncertainty as a key factor in propelling Bitcoin and gold forward.
Trump’s Tariffs Pose Danger to Bitcoin Price
The Bitcoin community is divided over the impact of President Trump’s tariffs. Some market players identify potential risks for Bitcoin and the broader cryptocurrency market due to higher tariff rates for many countries. Julio Moreno, a Lead researcher at CryptoQuant, highlighted the downsides of increased tariff rates, noting their potential impact on Bitcoin’s near-term performance and future. He warned that Trump’s tariffs have introduced uncertainty to the world economy, increasing the chance of recession, which has hit Bitcoin and crypto prices despite a positive regulatory environment.
Bitcoin Price Drops on Surprise Tariff Announcement
The Bitcoin price fell 8% to $83,162 on April 3, after U.S. President Donald Trump announced surprise tariffs. Traders and analysts are now focusing on $90,570 as the key price level for Bitcoin to resume its upward trend. The cryptocurrency briefly surged to $88,580 following the tariff news but quickly reversed course. On the same day, the S&P 500 plunged 4.2%, the Nasdaq Composite dropped 5.23%, and the Dow Jones Industrial Average fell 3.41%.
Yala Announces RealYield: A Marketplace for Bitcoin-Powered Real-World Asset Yields
Yala, the Bitcoin-native liquidity layer, has announced the upcoming launch of RealYield, a curated marketplace for real-world asset (RWA) yield opportunities powered by Bitcoin. The platform will enable BTC holders to earn regulated, risk-adjusted yields by allocating capital into tokenized financial products such as U.S. Treasury bills, private credit, corporate bonds, and real estate-backed assets. RealYield is designed as a unified access point to all of Yala’s RWA-related integrations, consolidating partnerships and investment opportunities into a structured platform where users can explore, compare, and combine diverse RWA yield sources, each offering distinct risk profiles, durations, and APYs.
