Bitcoin’s volatility evolution: From extreme swings to stable ground

  • 📰 CryptoAmb
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Here's a look at Bitcoin's journey from wild price swings to newfound stability. Recent data reveals its tamed volatility with comparisons to stocks like NVIDIA and Tesla.

exhibited decreasing instances of extreme volatility following each of its halving events. The report highlighted that in the first halving cycle, it had over two months with volatility exceeding 150% within a one-month timeframe.

In the second halving cycle, this period reduced to approximately one month with such elevated volatility. Remarkably, in the current halving cycle, BTC has not witnessed a single day with volatility surpassing 150%.These volatility events signified that while Bitcoin’s average volatility remained relatively high, it has ceased to undergo extended periods of extreme volatility. Ecoinometrics draws a comparison, suggesting that BTCs volatility is now similar to that of NVIDIA or Tesla.

As of this writing, the price volatility score was approximately 0.017%. The highest level of volatility observed over five months reached 0.07%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 22. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Bitcoin’s recent surge affected trading volumeBitcoin's recent surge sparks record active addresses. Alongside, on-chain transactions witness a spike, trading volume remains steady, and BTC exits exchanges, hinting at market shifts.
Source: CryptoAmb - 🏆 22. / 68 Read more »

Bitcoin trades above $26,400 as analysts stress the need to remain above its 200-week MAThe crypto market ended the week mixed, with Bitcoin trading near $26,400 while several altcoins recorded double-digit gains as all eyes now look to next week’s Fed meeting.
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »