RATE Group | Bitcoin trapped in tighter range than Mexican peso, Brazilian real and other popular cur…
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Bitcoin trapped in tighter range than Mexican peso, Brazilian real and other popular cur…

Bitcoin trapped in tighter range than Mexican peso, Brazilian real and other popular cur…

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Bitcoin volatility has plunged to levels where day traders looking to capitalize on big moves might be better off switching from virtual to tangible currencies.

In the first two months of 2018, bitcoin traded from above $17,000 to below $6,000, making it one of the hottest assets for volatility seeking money-makers. However, the last two months have seen a marked change for the world’s largest digital currency, which has been trading in a range most pundits would deem razor thin.

Since Sept. 7, the price of a single bitcoin



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