The article below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.
Bitcoin volatility returns with an exchange rate crash.
Aug. 17, marked the return of the much-awaited and notorious bitcoin volatility. After several months of consolidating around the $30,000 level with historically low realized and implied volatility in the bitcoin market, the price finally awakened, bringing about the biggest liquidation event bitcoin has seen in years. Contrary to some opinions by reporters and analysts, the bitcoin crash was not triggered by rumors of SpaceX selling bitcoin or any other news-based event. Unlike a stock, bitcoin doesn’t have earnings calls or bad news about future prospects that can tank the price or dampen the network’s fundamentals.
Yes, events such as the approval (or dismissal) o
We współpracy z: https://bitcoinmagazine.com/markets/bitcoin-volatility-returns-with-massive-bitcoin-price-drop
