RATE Group | Bitcoin’s (BTC) Volatility at an 18 Month Low as Its Whitepaper Turns 10 Yrs Old This Mo…
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Bitcoin’s (BTC) Volatility at an 18 Month Low as Its Whitepaper Turns 10 Yrs Old This Mo…

08 Oct Bitcoin’s (BTC) Volatility at an 18 Month Low as Its Whitepaper Turns 10 Yrs Old This Mo…

Posted at 12:43h in Bitcoin News by

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The last one week in the crypto-markets has been characterized by a very stable Bitcoin (BCT) that has oscillated in value between $6,450 and $6,600. Some traders have even decided to conclude that the markets have become boring to the point where they cannot make quick trades on BitMex using BTC. There is even a joke going around that Bitcoin has become the new stable-coin at par with Tether (USDT) and True USD (TUSD).

BTC Least Volatile in 18 Months

Further analyzing our Bitcoin Charts, we find that the last time BTC was this stable, was between the months of March and April last year. During this time period, BTC maintained its value at around $1,000 to $1,200 until the mainstream media started highlighting cryptocurrencies around the months of May and June last year.

This type of exposure then led the King of Crypto to sprint in the markets and peak at $20,000 on the 17th of December, and just before Bitcoin Futures contracts went live on Wall Street through the CME Group and…

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