Bitcoin's Volatility Drops, Year-End Rally Less Likely

Bitcoins price stability is gaining attention, with its volatility indexes dropping and mirroring the S and P five hundreds trend. This volatility compression suggests a lower likelihood of a significant price rally before the year ends, as the market expects less turbulence in Bitcoins price and with the Federal Open Market Committee meeting being the last major event. This shift in Bitcoins price and volatility relationship indicates a new phase for the digital currency.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.