Bitcoin volatility
Bitcoin’s volatility continues to show resilience even as the S&P 500’s VIX has reversed its surge from October 10. This persistent volatility in Bitcoin contrasts with the behavior of traditional market indicators. While the VIX, which measures market volatility, has returned to lower levels, Bitcoin’s price fluctuations remain pronounced. Analysts observe that Bitcoin’s volatility may be influenced by various market dynamics that differ from those affecting the S&P 500. The ongoing uncertainty in the cryptocurrency space could be a factor contributing to this sustained volatility. As traditional markets stabilize, Bitcoin’s unique market characteristics may keep it from aligning closely with conventional volatility measures.
