The biggest and most established global hub for everything crypto, blockchain and Web3.The crypto’s volatility has reached new all-time lows on a yearly scale, Fidelity noted.has long been viewed as a highly volatile asset, but its volatility is falling and will continue to do so as the cryptocurrency matures, Fidelity Digital Assets said in a research report on Wednesday.
Bitcoin has already shown signs of maturation in its 15 years of existence and the volatility has reached new all-time lows on a yearly scale, the report said. Bitcoin is currently less volatile than 33 of the S&P 500 companies and was less volatile than 92 of the stocks in the index as recently as October 2023, when using 90-day realized historical volatility figures, Fidelity said.
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