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Bitcoin Volatility Reaches Lowest Level In 4 Months
Bitcoin, which has been suffering from relative stagnation in recent weeks, saw a key measure of volatility fall to its lowest in roughly four months today. The digital currency's 30-day volatility, calculated using price data from various exchanges, reached 53.5%, according to research from asset manager Blockforce Capital. At this point, 30-day volatility was at its lowest since May 11th, when the cryptocurrency was trading close to $7,000. Range-Bound Trading Bitcoin volatility fell to this level at a time when the digital currency has spent several weeks trading primarily between $10,000 and $11,000, CoinDesk ... (full story)
