Bitcoin (BTC) Volatility is at its Lowest in 2 Years!

Among the investment products by traditional financial circles “most risky” and “most playful” accepted as cryptocurrency The markets have been very quiet in the last few months.

Kaiko, the startup that collects data from crypto markets, of bitcoin He explained that its 20-day average volatility has fallen to the same level as the Nasdaq. While the price of the leading cryptocurrency has not changed since the beginning of September, it is one of the stock indices followed by the whole world. S&P 500 and Nasdaq It lost more than 10% of its value.

Bitcoin was acting in partnership with the stocks of technology companies, especially in the first half of 2022. However, this has expired.

Based on the second half of the year, Bitcoin became one of the most profitable investment products. The lack of hard movements in Bitcoin in recent weeks, BTC’s “digital gold” strengthened his narrative.

“Bitcoin Is Even Calmer Than Bond Markets”

Will Clemente, founder of Reflexivity Research, a digital asset research startup, shared a graphic.

Clemente shared a chart comparing the volatility of Bitcoin and US treasury products with his 660,000 followers.

The chart Wall St. doesn’t want you to see: Treasury market volatility versus Bitcoin volatility

…but I thought “Bitcoin is too volatile” pic.twitter.com/nX2nDu4ve6

— Will Clemente (@WClementeIII) October 11, 2022

“A graphic that those on Wall Street don’t want you to see. Bitcoin is looking much calmer against US treasury products. But they told me “Bitcoin is very volatile”?

Inflation fever in the USA does not decrease despite the interest rate hikes. Although the monthly CPI data decreased, it exceeded the market expectations in the last 2 periods in a row. FEDis quite determined to reduce inflation with tight monetary policy. The United Nations and the IMF, on the other hand, are making warning statements so that the FED does not cause a global crisis.