Crypto market volatility plunges amid widespread accumulation phase

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 …


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