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03 Jan 2023

Holiday season – Also in the markets

The crypto market has stagnated over the last two weeks during the Christmas holidays. BTC and ETH have experienced slight declines in the previous seven days but trade in a very stable price range
Ahead of the curve 03.1.23
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The crypto market has stagnated over the last two weeks during the Christmas holidays. BTC and ETH have experienced slight declines in the previous seven days but trade in a very stable price range. The current stale price action is reflected in BTC’s volatility, which has slumbered toward rare lows, evident by the 7-day volatility in BTC, reaching lows not seen since July 2020. The dwindling volatility is accompanied by spot volumes drying up and the futures market reigning in a flat regime. We cover the evolving DCG situation in this week's edition of "Ahead of the Curve".
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