Cryptocurrencies
Bitcoin Is Now the Least Volatile Since Late 2016
This article is for subscribers only.
Just as traditional financial markets are getting interesting, the 30-day volatility of the most valuable cryptocurrency has plunged to the lowest since December 2016, months before its head-spinning bull run even began in mid-2017. There haven’t been many regulatory breakthroughs to buoy prices or scandals to drag them down, but the silver lining for believers is that this may also point to less speculative trading. For those keen to see whether steadier prices will spur greater Bitcoin usage, a period of low volatility may provide the answer.