At $20.6k, Is Bitcoin less volatile than Nasdaq, S&P 500?
Crypto asset prices have been mundane so far in 2022. It’s been weeks since Bitcoin has remained stagnated around the $20k mark. All attempts to climb above the said level have been futile till now. The market has additionally been characterized by low volatility of late. As illustrated below, this metric noted a free fall to its one-year low towards the end of last month. Despite noting a slight recovery, it continued to hover around its lows at press time. Source: Messari As a result, the largest crypto asset is currently less volatile than equity indices like Nasdaq and the S&P 500. #Bitcoin is now less volatile than S&P 500 and Nasdaq . pic.twitter.com/7x2zaTmgKM — Michael Saylor⚡️ (@saylor) November 6, 2022 Also Read: If MicroStrategy invested in Ethereum over Bitcoin, What would be its Valuation? What to expect going forward? Yassine Elmandjra—Crypto Analyst at ARK Invest—took to Twitter to highlight the current stat...