menu
techminis

A naukri.com initiative

google-web-stories
source image

Bitcoinist

6d

read

49

img
dot

Image Credit: Bitcoinist

Bitcoin Price Volatility Far Lower Than During COVID-19 Crash — What This Means

  • Bitcoin price volatility has been far lower during the ongoing global trade drama compared to past events such as the COVID-19 crash.
  • The Price Intraweek Range metric indicates that the volatility during the current trade tensions between the US and China stands between 8% - 21%.
  • This reduced volatility suggests that Bitcoin has matured as an asset with deeper liquidity and a better market structure.
  • The growing base of long-term holders and institutional adoption contribute to the stable price action of Bitcoin.

Read Full Article

like

2 Likes

For uninterrupted reading, download the app