None
EN
Bitcoin Volatility Approaches Historic Lows Before Sharp Decline
[]
DMR News
In the 15 days leading up to the significant drop on June 7, Bitcoin‘s price exhibited minimal movement, nearing some of the lowest volatility levels ever recorded over such a period. Date Range Price Range Volatility Observations May 24 – June 7 $66,936 – $71,656 23% Among the lowest 6% for 15-day volatility in Bitcoin history Over the next 30 days following similar periods of low volatility, the average return has been 20.95%, with the minimum return showing a further decline of 32.06%, and the maximum return reaching an impressive 218.40%.