Bitcoin now less volatile than Nasdaq, S&P 500 and gold; 'eruption is near'

Bitcoin’s current lower volatility compared to Nasdaq, S&P 500 and gold suggests that a potential eruption in price swings is imminent, according to K33 Research.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Bitcoin has displayed a rare feat of stability, with its 5-day volatility falling below that of major traditional assets like Nasdaq, S&P 500 and gold, according to crypto research firm K33 .

"My short-term thesis is that the market's volatility pressure is about to climax and that an eruption is near," Vetle Lunde, senior analyst at K33, said in the report."The tricky job is to build an informed view of when the pressure gets too strong."

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