According to a recent report by Forbes, as of November 2, the volatility levels of prominent technology stocks have surpassed those observed in Bitcoin. Leading the list, Tesla‘s stock showed a remarkable volatility of 24%, trailed by AMD at 16% and Nvidia at 12%, all of which eclipsed Bitcoin’s volatility range of 11%. Interestingly, while certain tech giants exhibited higher volatility than Bitcoin, others demonstrated lower figures. Intel’s stock volatility registered at 9%, while Meta and Microsoft hovered around 8%. Furthermore, Amazon, Google, and Apple showcased even lower volatility, with Amazon at 7%, Google at 6%, and Apple’s stock being the most stable, reflecting a volatility of just under 6% in October. This analysis highlights the dynamic nature of both equity and crypto markets, prompting investors to reassess their strategies.
Source: https://en.coinotag.com/breakingnews/bitcoins-volatility-compared-how-major-tech-stocks-stack-up-against-btc/