The 180-day volatility of the first cryptocurrency dropped to a record 0.028, the lowest level since November 2018.
According to Coin Metrics, it has dropped by 43% in the past 30 days. Last week, some events could greatly affect the value of bitcoin: the indictment of the BitMEX exchange and the detection of the coronavirus in US President Donald Trump.
However, this led to a fall in prices by less than 5%, and the cryptocurrency has already regained some of the lost positions. An uncharacteristic calm continues in an unstable and volatile market, notes Coindesk analyst Zach Voell.
No comments:
Post a Comment