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Business Insider: “The volatility that made bitcoin so appealing is dwindling”

By datatrekresearch in IN THE NEWS Business Insider: “The volatility that made bitcoin so appealing is dwindling”

Excerpt from Business Insider quoting DataTrek Research:

.... "DataTrek Research cofounders Nicholas Colas and Jessica Rabe highlighted in a Monday note that bitcoin's long-run volatility is more than triple that of the S&P 500, which typically sees about 1% daily price moves in either direction. Since September 2022, bitcoin's volatility has been below its long-term average. Even the recent launch of spot ETF products hasn't resulted in a meaningful spike in its price churn"....

Full article here on Business Insider.

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