Bitcoin, Ethereum Hit Multi-Year Low Volatility, Making Them Less Volatile Than Oil
Bitcoin and Ethereum, known for their volatility, are experiencing a period of low volatility, with their 90-day volatility indexes hitting multi-year lows. This makes them less volatile than oil. The decrease in volatility can be attributed to factors such as geopolitical tension and the less-than-bullish economic reopening in China. Additionally, Bitcoin and Ethereum are also experiencing multi-year lows in terms of liquidity and trade volume.
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Bitcoin, Ethereum Hit Multi-Year Low Volatility, Making Them Less Volatile Than Oil
Bitcoin and Ethereum, known for their volatility, are experiencing a period of low volatility, with their 90-day volatility indexes hitting multi-year lows. This makes them less volatile than oil. The decrease in volatility can be attributed to factors such as geopolitical tension and the less-than-bullish economic reopening in China. Additionally, Bitcoin and Ethereum are also experiencing multi-year lows in terms of liquidity and trade volume.