Bitcoin is now less volatile than Nasdaq and S&P 500. $BTC's volatility is at multi-year lows, according to data from Kaiko. crypto cryptocurrency
Bitcoin Now Less Volatile Than Nasdaq and S&P 500 — Stock Markets More Reactive to Inflation, Strong Dollar, Rate Hikes, Energy Crisis
Bitcoin’s volatility has fallen below that of the Nasdaq and the S&P 500, according to crypto data provider Kaiko. Compared to equity markets, cryptocurrency markets have become less reactive to volatile macro events, including high inflation, an appreciating dollar, rising interest rates, ongoing war, and the energy crisis, the firm explained.Bitcoin has become less volatile than both the Nasdaq and the S&P 500, according to cryptocurrency data provider Kaiko, CNBC reported.
’s 20-day rolling volatility has dropped below that of the two stock indexes for the first time since 2020.Bitcoin volatility is at multi-year lows while equity volatility is only at its lowest level since July. “Equity markets have certainly been volatile over the past few months due to high inflation, an appreciating dollar, rising interest rates, and the ongoing war and energy crisis,” she continued.the Federal Reserve to hike interest rates by 75 basis points for a fourth straight meeting in November. However, San Francisco Federal Reserve President Mary Daly said Friday that it is time to start considering slowing interest rate hikes.