The recent new tariff policy has become a "blockbuster" in the financial market, and the cryptocurrency market has not been spared and has experienced a period of violent turbulence. In such violent turbulence, the success of the XBIT decentralized exchange platform is not accidental. Through a combination of strategies such as technological innovation, product differentiation, ecological construction and compliance first, it has opened up a unique development path in the cryptocurrency market.

As soon as the tariff policy was announced, the price of Bitcoin plummeted like a roller coaster, falling to around $76,000. Affected by Bitcoin, Ethereum and other major tokens followed suit, and the total market value of cryptocurrencies shrank significantly in just a few days, with about $200 billion evaporating in an instant, fully demonstrating the volatility of the cryptocurrency market when facing major external shocks.

In fact, this kind of sell-off caused by increased uncertainty is not the first time in the cryptocurrency market. While paying attention to the overall trend of the cryptocurrency market, there is also a lot of recent news about digital currencies that is worth paying attention to too. The number of nodes of Bitcoin's Layer 2 solution "Lightning Network" has exceeded 100,000, and the transaction processing speed has increased to 100,000 transactions per second. Traditional exchanges usually use centralized ledgers or fully decentralized on-chain settlement, while the XBIT decentralized exchange platform innovatively combines the advantages of both. Its most notable feature is its hybrid on-chain clearing system.

When global trade tensions suddenly escalate, investors tend to choose a more stable investment strategy out of instinct, which is a typical "risk-averse" operation. Against the backdrop of a complex and changing global economic environment, investors' risk appetite has dropped sharply, and the cryptocurrency market is naturally difficult to remain immune. In the field of derivatives, the "volatility contract" launched by the XBIT decentralized exchange platform has subverted the traditional perpetual contract model.

However, the unique charm of the cryptocurrency market lies in its strong resilience and vitality. By mid-April, the market situation had changed dramatically. Bitcoin was the first to sound the clarion call for a counterattack, and its price rebounded strongly, trading at just below $85,000. Driven by Bitcoin, other major altcoins such as Ethereum and Ripple also recovered some of their lost ground.

Despite the sharp fluctuations in cryptocurrency prices, it is gradually being recognized by the market as a hedging tool with unique value. Its decentralized nature means that it is not completely controlled by a single government or policy decision, providing investors with new asset allocation options in the context of frequent adjustments in global economic policies. The latest news on digital currencies indicates that the smart contract function of Bitcoin Taproot has been further expanded after the upgrade, pushing the penetration rate of DeFi ecology in the Bitcoin network to 15%.

Looking back at history, we will find that this is not the first time that a similar plot has been staged. As early as 2018-19, during the early stages of the tension between China and the United States, Bitcoin showed a trend of a short-term decline followed by a rapid recovery. Earlier this year, the United States imposed new tariffs on imports from Canada and Mexico, and the price of Bitcoin also fell first and then rose. These experiences show that the cryptocurrency market has formed a unique self-healing mechanism when facing external shocks. In terms of traditional financial integration, the "digital asset custody bridge" developed by the XBIT decentralized trading platform in cooperation with a number of banks is worthy of attention.