Bitcoin's volatility is hitting 2-year lows
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According to The Block's findings, Bitcoin's 60-day volatility is now the lowest since the end of 2016. Moreover, Bitcoin's volatility is experiencing the steepest yearly decline in the history of Bitcoin's existence. Bitcoin's volatility notoriously increased last year for the first time since 2013. In all the other years, volatility has been on the downtrend as seen in the graph. Waning volatility could indicate that the market is becoming less speculative, which is nothing but good news for the future of the ecosystem.
AUTHOR
Larry joined crypto research full time in early 2017 and has expertise in capital markets, market structure and early stage DeFi companies/protocols and token economics. He has a background in economics and finance.
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