BTC Volatility: Matrixport's Analysis
CryptoNewsTerminal Staff06 Sep, 2024
BTC Volatility: Matrixport's Analysis
Bitcoin's (BTC) volatility has been a topic of much discussion in recent times. Cryptocurrency service provider Matrixport recently released a report delving into this topic. According to their findings, BTC's volatility has remained elevated in 2023 compared to previous years. Matrixport attributes this increased volatility to several factors, including global macroeconomic uncertainty, regulatory developments, and the ongoing conflict in Ukraine. The report also notes that while BTC's volatility is expected to continue in the short term, it is likely to decrease over the long term as the market matures and institutional adoption grows.
