Almost Two-Year Low Bitcoin Volatility May Indicate Another Bull Run

  • Alex Dovbnya
    📰 News

    Bitcoin’s volatility has always been the anthem of the coin’s naysayers. As the whole cryptocurrency industry is being plagued by constant price swings


Almost Two-Year Low Bitcoin Volatility May Indicate Another Bull Run

Bitcoin’s volatility has always been the anthem of the coin’s naysayers. As the whole cryptocurrency industry is being plagued by constant price swings (XRP lost over $9 bln of its market cap in merely three days), a new report suggests that Bitcoin might have reached its lowest level of volatility in two years. Remarkably enough, such extensive periods of low volatility have always been connected to drastic changes in BTC price At the time of writing this article, Bitcoin is currently sitting at $6,514.

Earlier, U.Today also reported that BTC price spreads had been steadily reducing on numerous exchanges, which is primarily attributed to the influence of Wall Street.

Cover image via u.today
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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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