Bitcoin Volatility Craters to 27% as VanEck Flags 8 Of 12 Capitulation Signals Firing
Bitcoin
Asset manager VanEck on Tuesday said that 8 of 12 capitulation signals for Bitcoin (CRYPTO: BTC) have already appeared as 30-day realized volatility collapsed to 27.2%, its lowest reading in years. What VanEck's Capitulation Dashboard Shows VanEck senior analyst Patrick Bush and head of digital assets research Matthew Sigel wrote in the firm's mid-August Bitcoin ChainCheck that realized volatility dropped to 27.2% annualized, well below the long-run average near 80%.
BTC
Disclaimer: This content is provided via CryptoNews and third-party sources. Tothemoon does not create, verify, or endorse this content and makes no guarantees as to its accuracy. The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. It is provided for informational purposes only and is not investment advice.