While belief in the high volatility of cryptocurrencies has always been around, it may soon be non-applicable to cryptocurrencies, as the average volatility for assets like Bitcoin and Ethereum is rapidly dropping compared to previous years.
In the last three months, Bitcoin's implied volatility has reached a new low of 65%, suggesting that traders are not happy with the short-term performance of the first cryptocurrency and prefer avoiding active trading.Arman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience.
Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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