Bitcoin Now Less Volatile Than Nasdaq and S&P 500 — Stock Markets More Reactive to Inflation, Strong Dollar, Rate Hikes, Energy Crisis

Bitcoin’s volatility has fallen beneath that of the Nasdaq and the S&P 500, according to crypto information supplier Kaiko. Compared to equity markets, cryptocurrency markets person go little reactive to volatile macro events, including precocious inflation, an appreciating dollar, rising involvement rates, ongoing war, and the vigor crisis, the steadfast explained.

‘Bitcoin Volatility Is astatine Multi-Year Lows’

Bitcoin has go little volatile than some the Nasdaq and the S&P 500, according to cryptocurrency information supplier Kaiko, CNBC reported. The crypto information steadfast explained Friday that BTC’s 20-day rolling volatility has dropped beneath that of the 2 banal indexes for the archetypal clip since 2020.

Clara Medalie, Kaiko’s caput of research, told the quality outlet:

Bitcoin volatility is astatine multi-year lows portion equity volatility is lone astatine its lowest level since July.

“Equity markets person surely been volatile implicit the past fewer months owed to precocious inflation, an appreciating dollar, rising involvement rates, and the ongoing warfare and vigor crisis,” she continued.

Analysts expect the Federal Reserve to hike involvement rates by 75 ground points for a 4th consecutive gathering successful November. However, San Francisco Federal Reserve President Mary Daly said Friday that it is clip to commencement considering slowing involvement complaint hikes.

Medalie further detailed:

The information suggests that cryptocurrency markets are little reactive to volatile macro events than they were earlier connected successful the year, whereas equity markets person remained highly sensitive.

In addition, Kaiko said Monday that “The spread betwixt BTC and equities’ 30-day and 90-day volatilities has besides been shrinking since the 2nd fractional of September contempt BTC’s heightened sensitivity to macroeconomic information releases.” The information steadfast elaborated:

BTC has shown resilience to a strengthening USD and surging Treasury yields, trading successful a constrictive range.

What bash you deliberation astir bitcoin’s volatility falling beneath that of the Nasdaq and the S&P 500? Let america cognize successful the comments conception below.

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