Since their launch in January 2024, Bitcoin’s price volatility has declined to levels not seen before.
The analyst compared this drop to gold’s volatility, noting that Bitcoin’s volatility is now less than double that of gold, compared to being more than three times higher in the past.
This newfound stability could signal a long-term evolution in Bitcoin’s behavior. According to Balchunas, the era of extreme price swings, marked by explosive bull runs followed by painful crashes, may be giving way to more moderate price movements.
