Bitcoin Now Less Volatile Than S&P 500, Nasdaq for First Time Since 2020

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Amid economic chaos, Bitcoin is holding relatively stable. For now, at least. Bitcoin’s 20-day realized volatility, a metric that measures the daily changes in the price of Bitcoin, has fallen below both Nasdaq and the S&P 500’s level for the first time in two years, according to findings published this week by crypto data provider Kaiko. In layman’s terms, Bitcoin’s price has been a lot less volatile over the last three weeks. Just before the 20-day period in question, volatility in both crypto markets and equities had hit a 40-year high. Hot inflation readings from the U.S. ...

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