#CryptoCPIWatch
Bitcoin's volatility has decreased compared to the Nasdaq and S&P – Galaxy Digital
Galaxy Digital announced that the ten-day volatility of Bitcoin has reached 43.86, which is lower than 47.29 for the S&P 500 and 51.26 for the Nasdaq.
This rare change indicates that demand from large institutions for Bitcoin has increased, viewing it as a protective tool in critical conditions.
Bitcoin has grown by 11% since early April, while traditional markets have either remained stable or declined.
Analysts say Bitcoin is gradually establishing its position as a "digital store of value" similar to gold.