Research: Bitcoin still regularly traverses larger price ranges within trading days
According to a study released at the Aggressive Investor Forum by the Chartered Financial Analyst Association (CFA Institute), Bitcoin still regularly traverses larger price ranges within trading days, also known as range-based actual volatility. This may lead people to believe that Bitcoin is generally more unstable than other assets. Caroline Mauron, co-founder of digital asset derivatives liquidity provider Orbit Markets, said that there's still a long way for Bitcoin's volatility to drop to levels unattractive to traders. Its volatility remains higher than almost all traditional assets.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Report: Nvidia in talks to invest up to 10 billions USD in Anthropic IPO
According to Reuters on September 11, Anthropic is in talks with Nvidia, seeking to bring the chip giant onboard as a cornerstone investor for its IPO. Nvidia is reportedly considering investing up to 10 billions USD in Anthropic’s IPO. Cornerstone investors are typically institutional investors who commit to buy a certain share of the IPO before it is offered to the public, providing early endorsement for the listing.
Crypto prices
More
