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Bitcoin is getting boring. That could open more doors for the crypto asset on Wall Street
Bitcoin's (BTC-USD) range of wild price swings has come down this year. The key reason? It may have to do with companies rapidly stockpiling the asset, according to JPMorgan strategists. The largest cryptocurrency's three- and six-month rolling volatility, meaning the speed and extent of its price changes over those time periods, has fallen to a historically low level. This trend has continued even as bitcoin's price set new record highs in May, July, and August. Bitcoin fell to $108,000 as of Friday afternoon, but jumped to over $109,000 on Monday. It's up over over 17% year to date. "Corporate treasuries now hold ... (full story)
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