Bitcoin Volatility Increased By 200% In A Month
According to data bitvol.info over the past month, Bitcoin price volatility has increased by almost 200%.
However, the indicator in just two days increased from 1.26% to 3.31% against the background of a price jump at the beginning of April. Since that time, Bitcoin has been trading in a relatively narrow range - between $ 4,900 and $ 5,400.
At the press time, the daily bitcoin volatility is 3.54%, which is the highest value in the last three months.
Recall that the volatility of the first cryptocurrency over the course of several years gradually decreased, and in 2018 it fell by 98%.