01 Aug 2023
Volatility drought nearing its climax?BTC less volatile than Nasdaq, the S&P 500 and even gold, as 30-day volatility approaches 5-year lows.
Bitcoin is showing signs of breaking out of its prolonged consolidation range. Pushing lower lows compared to last week, we’re now seeing some intraday volatility in the early Tuesday market hours, touching lows of $28,400. Nonetheless, this week as in the previous weeks, we again highlight the immense drought experienced in the crypto market. BTC’s 5-day volatility currently sits below t