Crypto market volatility plunges amid widespread accumulation phase

0
2
By Darren Parkin Data from CryptoCompare shows that the price of Bitcoin moved up slightly over the past week. After starting the week at around $20,500 and dropping to a low near the $20,000 mark, the cryptocurrency’s price surged to a $21,500 high, before returning to $20,700. Ethereum’s Ether, the second-largest cryptocurrency by market cap, traded in a way similar to BTC, trading down from $1,600 to a $1,500 low before jumping to $1,650. It’s now changing hands at $1,575. Over the week, CryptoCompare revealed that the annualised 30-day volatility has fallen to the lowest point in the year …

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.