Once famous for its dramatic swings, Bitcoin is now showing surprising signs of stability.
Market analysts are pointing to a sharp decline in volatility, with data suggesting the world’s largest cryptocurrency is behaving more like a traditional asset than ever before.
A recent chart from Bloomberg’s Eric Balchunas reveals that the iShares Bitcoin Trust (IBIT) now exhibits volatility just 1.28 times that of the S&P 500—a far cry from the 5.7 multiple seen last year. This signals a significant behavioral shift in an asset once synonymous with chaos.
The transformation hasn’t gone unnoticed. Binance Research, in its latest weekly update, highlighted Bitcoin’s growing reputation as a hedge against global turmoil.
They cited a BlackRock study showing that BTC has averaged a 37% gain in the two months following major geopolitical flare-ups since 2020.
Still, despite a recent bounce following global tensions, analysts remain cautious about whether Bitcoin’s newfound calm can translate into lasting strength.
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is passionate about questions of meaning. He is a fluent German speaker as well as He has been in the crypto space for more than three years and has an eye for spotting emerging trends in the world of digital currencies. Whether providing in-depth analysis or reporting on all topics on a daily basis, his deep understanding and enthusiasm for what he does makes him a valuable addition to the team.
Source: https://coindoo.com/bitcoins-wild-days-may-be-over-as-volatility-hits-multi-year-lows/