• Bitcoin’s 30-day average intra-day move is lower than the average for traditional markets.
• IntoTheBlock’s analysis noted that in the past 30 days, Bitcoin recorded lower average volatility than the Nasdaq and the S&P 500.
• Ethereum’s 30-day average intra-day move was significantly ahead of Eastern stocks such as the Nikkei 225.

A surprising development has been observed in the crypto market trends, particularly for Bitcoin, against traditional assets. In a recent tweet, prominent market intelligence firm IntoTheBlock highlighted the unexpected twist in the Bitcoin market regarding its month-long volatility trend.

According to IntoTheBlock’s analysis, the 30-day average intra-day move for Bitcoin, which is a measure of how much the price of Bitcoin moves in a single day, is currently lower than the 30-day average intra-day move for traditional markets, such as Nasdaq and the S&P 500.

The on-chain analytic firm argued that the turnout implies that Bitcoin is currently experiencing a period of relatively low volatility, which challenges the usual narrative that Bitcoin is a highly volatile asset.

The post New Data: Bitcoin 30-Day Volatility Trends Lower Than Nasdaq, S&P 500 appeared first on Coin Edition.

• Bitcoin’s 30-day average intra-day move is lower than the average for traditional markets.
• IntoTheBlock’s analysis noted that in the past 30 days, Bitcoin recorded lower average volatility than the Nasdaq and the S&P 500.
• Ethereum’s 30-day average intra-day move was significantly ahead of Eastern stocks such as the Nikkei 225.

A surprising development has been observed in the crypto market trends, particularly for Bitcoin, against traditional assets. In a recent tweet, prominent market intelligence firm IntoTheBlock highlighted the unexpected twist in the Bitcoin market regarding its month-long volatility trend.

According to IntoTheBlock’s analysis, the 30-day average intra-day move for Bitcoin, which is a measure of how much the price of Bitcoin moves in a single day, is currently lower than the 30-day average intra-day move for traditional markets, such as Nasdaq and the S&P 500.

The on-chain analytic firm argued that the turnout implies that Bitcoin is currently experiencing a period of relatively low volatility, which challenges the usual narrative that Bitcoin is a highly volatile asset.

The post New Data: Bitcoin 30-Day Volatility Trends Lower Than Nasdaq, S&P 500 appeared first on Coin Edition.