Revisiting 2016: Volatility at its lowest!
posted 17 Aug 2023
According to Kaiko, BTC and ETH have recorded their lowest 90-day price volatility compared to oil in many years, a mark last reached in 2016.
Right now, Bitcoin's volatility sits at 35%, Ethereum's at 37%, while oil's is higher at 41%.
Experience tells us that after such periods of quiet , a significant move often follows. Judging by Bitcoin's recent dynamics, it appears such a shift might be kicking off.
Right now, Bitcoin's volatility sits at 35%, Ethereum's at 37%, while oil's is higher at 41%.
Experience tells us that after such periods of quiet , a significant move often follows. Judging by Bitcoin's recent dynamics, it appears such a shift might be kicking off.
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