PANews July 15 news, according to CoinDesk, Deutsche Bank released a report on Tuesday stating that as mainstream acceptance increases and Bitcoin is widely adopted by enterprises, retail investors, and governments, its volatility may continue to decline. Upcoming legislation in the United States has sparked market enthusiasm, driving Bitcoin's recent rise, and its volatility levels have also seen a historic decline. The report noted that driven by favorable regulations, increased institutional adoption, and changes in the global macroeconomic landscape, Bitcoin has risen nearly 75% since mid-November. This increase coincides with Washington's 'Cryptocurrency Week', highlighting the growing involvement of government and enterprises in digital assets. This week, the U.S. House of Representatives will vote on the (CLARITY Act) and the (GENIUS Act). Deutsche Bank believes that the decline in volatility indicates a maturing market, and Bitcoin may gradually become a more stable and strategically significant asset, increasing its appeal to long-term asset allocation institutions.
