Analyst: Bitcoin's Decreased Volatility Causes Speculative Traders to Turn to New Markets
According to BlockBeats, on August 22, Bytetree Asset Management analysts pointed out that Bitcoin's annualized volatility has significantly decreased from nearly 200% a decade ago to 38%. Analysts state that Bitcoin, once the rebellious child of the financial world, now shows signs of maturity, with extreme fluctuations gradually fading. As Wall Street's buy-and-hold investors flood in, Bitcoin's behavior is increasingly resembling that of traditional blue-chip stocks, marking a new development stage for the cryptocurrency market.
