Bitcoin Volatility Lower Than Stocks as Middle East Conflict Escalates
Bitcoin has shown stable price performance, even when compared to stocks. Typically, Bitcoin is known to be much more volatile, but this data indicates an interesting shift in market dynamics.
Bitcoin's volatility over the last 60 days has dropped to around 27-28%, which means price movements are not as extreme compared to before.
This figure is certainly lower than stock indices in the United States such as the S&P 500 with a volatility rate of 30%, Nasdaq 100 around 35%. This number is also lower than the Magnificent 7 such as Apple, Microsoft, Nvidia, and others with a volatility rate of around 40%.
This data suggests that Bitcoin may now appear less risky compared to top technology stocks, at least in the short term.