According to Mars Finance, on August 22, Bytetree Asset Management analysts pointed out that the annualized volatility of Bitcoin has significantly decreased from nearly 200% a decade ago to 38%, making its volatility characteristics comparable to blue-chip stocks such as Starbucks or Goldman Sachs. The analyst stated, 'Bitcoin was once the rebellious child of the financial world, but it now shows signs of maturity, with its extreme volatility gradually fading, forcing speculative traders to seek new playgrounds.' With the influx of buy-and-hold investors from Wall Street, the behavior patterns of the world's largest cryptocurrency are increasingly resembling traditional blue-chip stocks, marking a new phase of development for the cryptocurrency market. (Bloomberg)

#BTC