Bitcoin Has Become So Volatile It Looks Like an ETF on Steroids
- Historic volatility measure jumps amid ether flash crash
- After bubble burst in 2014 bitcoin had begun to look more calm
Why Ethereum and Bitcoin Are So Popular Lately
This article is for subscribers only.
There’s volatility. And then there’s bitcoin volatility.
With virtual currency flash crashes and a recent string of ransomware attacks all but obliterating bitcoin’s incremental stability, it’s become hard to find a comparable asset. Indeed, the closest match is an exchange-traded fund on leverage steroids that’s supposed to be highly volatile.