Lower Trading Volatility in 2021 Crypto Bull Runs Signals Maturing Market

Lower Trading Volatility in 2021 Crypto Bull Runs Signals Maturing Market
Bitcoin’s two bull runs in 2021 have differed from those in past years and one key distinction has been decreased volatility expectation.This metric, which shows the cryptocurrency’s expected price swings, did not spike when bitcoin’s price hit record highs in April and then in October, indicating that bitcoin may be evolving into a more mature investment asset.Prior to 2021, bitcoin’s three-month implied volatility (IV) – investors’ expectation of how turbulent prices will be over the ensuing three months – spiked during both bull and bear runs, according to data from crypto data firm Skew. But this year, a similar spike…