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%.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Polkadot’s recovery hits range-low: Can it push forward?Polkadot's recovery hit a range-low and could falter unless Bitcoin traverses this path.
Lire la suite »
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.
Lire la suite »
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.
Lire la suite »
![Bitcoin’s [BTC] mid-term recovery depends on these break-even areas](https://i.headtopics.com/images/2023/9/16/cryptoamb/bitcoin-s-btc-mid-term-recovery-depends-on-these-b-bitcoin-s-btc-mid-term-recovery-depends-on-these-b-5EBA816907B75C3FBF559CA074FE330E.webp?w=640)
Bitcoin’s [BTC] mid-term recovery depends on these break-even areasBitcoin’s potential to rise above $30,000 would depend on the $27,500 to $29,000 break-even zone. But short-term holders may not have a say.
Lire la suite »
As Bitcoin’s ‘fat finger’ saga concludes, will trends reverse?Paxos reclaims $500,000 mistakenly paid as Bitcoin's highest-ever transaction fee as fees drop, and BTC's weak bullish trend persists.
Lire la suite »
Bitcoin: Network activity surges, miners rake in the moolahBitcoin records cumulative fees of $6.3 million from the start of the week up to 15 September, marking a 40% weekly growth.
Lire la suite »