Bitcoin has become significantly less volatile in recent times. This is evidenced by the absence of any extreme spikes in price movements in either direction since the completion of the fourth halving.
Such a trend of dwindling volatility signals maturity, according to experts.
Bitcoin Sees Signs of Maturity
Over the past week, bitcoin saw a modest decline of a little over 3%, with selling activity outweighing buying across almost all exchanges. According to Kaiko’s latest findings, the cumulative net trading volume for major BTC trading pairs reached $518 million between June 10th and 14th, with Binance and Bybit witnessing the highest level of selling pressure.
Kaiko stated that although bitcoin experienced price swings as a result of macroeconomic news last week, it appears that the digital asset has achieved a new level of maturity in 2024, which can be seen in its diminishing volatility,
Bitcoin’s 60-day historical volatility has remained below 50% since the beginning of 2024.
We współpracy z: https://cryptopotato.com/bitcoin-btc-volatility-dwindles-boring-price-action-explained/
