Michael Saylor argues the entry of big finance hasn’t made Bitcoin wilder. If anything, he says, swings are narrowing as the asset base and market structure deepen.
In a Fox Business spot this week, the MicroStrategy executive chairman said
BTC
$91 656
24h volatility:
0.9%
Market cap:
$1.83 T
Vol. 24h:
$81.58 B
annualized volatility has dropped from ~80% when his firm began buying in 2020 to roughly the 50% area today, and he expects further incremental declines as the market scales.
That claim isn’t out of left field. Independent research has documented a multi-year downtrend in BTC’s realized volatility: Fidelity has shown long stretches where Bitcoin’s risk is comparable to a non-trivial slice of S&am
We współpracy z: https://www.coinspeaker.com/bitcoin-volatility-keeps-dropping-and-michael-saylor-has-the-data/
