Cryptocurrencies
Bitcoin's Relative Quiet May Mean That It's Finding a Bottom
- The digital currency saw only one major price swing this month
- Price drop of more than 50% coincides with low volatility
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Bitcoin’s going through a serious quiet spell. The world’s largest digital currency is seeing fewer major price swings and low volatility, signs that the coin may be nearing a bottom.
This month, Bitcoin has had only one day with a move of 5 percent or more, compared with nine in January and February.