Bitcoin (BTC)'s price volatility has dropped to its lowest level in 563 days, with analysis suggesting it demonstrates maturity as a global financial asset. According to the recently published 'K33 Research' report, Bitcoin's weekly volatility was 3.6% as of April 30, the lowest figure in over a year and a half.
Volatility is an indicator of how significantly a specific asset's trading price changes over a certain period, reflecting market uncertainty about asset value fluctuations. This decline in figures is interpreted as a signal that Bitcoin is gradually establishing itself as a mature asset.
Vetle Lunde, Research Director at K33 Research, analyzed that "the current low volatility of Bitcoin shows that market participants are increasingly approaching with a more long-term investment perspective".
This figure is particularly noteworthy as Bitcoin maintains relative stability amid recent macroeconomic uncertainties and political variables surrounding the US election. Some market analysts suggest that the potential revival of Donald Trump's pro-cryptocurrency policy has somewhat stabilized overall market investment sentiment.
Experts assess that compared to the past, Bitcoin's price sensitivity to short-term news events or macroeconomic issues has decreased, and its price is moving more consistently as institutional investor participation expands.
Some in the market raise concerns that this low-volatility phase could cause short-term directional confusion for Bitcoin. However, the prevailing opinion is that it will likely positively contribute to building credibility as a global investment asset in the long term.
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