Bitcoin's price swings now more frequent than 2018
Bitcoin's volatility has dropped, but extreme price swings are more common than in 2018. The average daily price swing has increased compared to the previous year.
Why it matters
Increased frequency of extreme swings may affect traders and investors, even if overall volatility is lower.
daily swings now exceed 2018 levels
daily price swings have grown more frequent than in 2018, despite overall volatility dropping.
volatility metric shows decline
a volatility index indicates a drop in price fluctuations, but extreme moves are now more common.
Common questions
why are extreme swings more common now?
the frequency of extreme price swings has increased, even as overall volatility has decreased.
Sources
- Bitcoin's volatility has plunged, but extreme price swings are more frequent than in 2018 By Omkar Godbole, CoinDesk · coindesk.com
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