BTC Volatility Surges to March Peak Levels
CryptoNewsTerminal Staff09 Sep, 2024
BTC Volatility Surges to March Peak Levels
Cryptoquant recently reported that Bitcoin (BTC) is poised for a volatile September. The 30-day volatility of BTC has spiked to 70%, nearly double last year's rate and comparable to its peak during the March rally. Analysts attribute this surge in volatility to several factors, including the upcoming Ethereum Merge, rising interest rates, and geopolitical uncertainty. As a result, traders and investors should anticipate increased price fluctuations in the coming weeks.
