Image default
Bitcoin News

Bitcoin Volatility Drops to Lowest Level since Bull Run Began

Volatility increases as more people buy and sell in the market. When the buy and sell orders are full, there is a high probability that prices will move quite drastically. There are people who take profits. And then there are people who shop in the market. This makes the price of Bitcoin extremely volatile.

But price is currently moving in a fixed, barely volatile, range. Some even call this the low point of the market. The Bitcoin price has lost a lot of momentum and still managed to hold above $30,000.

Bitcoin recently experienced a decline in the number of active Bitcoin addresses. This has obviously contributed to the stagnation of volatility levels. There is not much movement in the market right now.

Related posts

Senator Cynthia Lummis: I’m All-In on Bitcoin

Stanislav Melichar

Bitcoin Mining Council Says 56% of Mining Is Sustainable

Stanislav Melichar

Why the SEC Issued a Warning to Bitcoin Futures Investors

Stanislav Melichar

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More