- Kaiko’s research unveils Bitcoin’s increasing volatility compared to Ether amidst anticipations of the upcoming BTC halving.
- Bitcoin’s 30-day volatility reaches 60%, surpassing Ether’s volatility by at least 10%.
- Greg Magadini claims that the bullish positioning before halving indicates the potential for a sell-the-news pullback after the halving.
The pioneer cryptocurrency Bitcoin, considered relatively stable compared to other digital assets, has recently been highly volatile. According to recent research by the analytics firm Kaiko, Bitcoin’s volatility surpassed Ether’s volatility rate amidst anticipations of the upcoming BTC halving.
#BTC's 30-day realized volatility hit 60% last week and has been surpassing #ETH's since February.The gap between the two is now at a multi-year high. pic.twitter.com/rL7FJxKuWf
— Kaiko (@KaikoData) March 29, 2024
Reportedly, Bitcoin’s 30-day volatility reached 60%, exceeding Ether’s 30-day volatility by at least 10%. As per Kaiko, the gap between these top cryptocurrencies’ volatility marks a multi-year high.
Source: Kaiko
Notably, following the SEC’s approval of the Bitcoin ETFs and the sub…
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