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Bitcoin’s price volatility dropped to its lowest in more than a year in July, according to multiple measures of these fluctuations.
The cryptocurrency’s annualized 60-day volatility fell to 28.53% on July 30, according to figures compiled by investment manager Blockforce Capital.
At this point, the measure was at its lowest value since August 28, 2023, additional figures provided by Blockforce Capital reveal.
The digital currency’s annualized 30-day volatility also reached its lowest in over a year last month, dropping to 25.26% on July 23. At this level, the measure was at its most subdued value since October 15, 2023.
