Bitcoin Now Less Volatile Than Nvidia, PayPal, and AMD in Sign of Growing Maturity
IntoTheBlock data shows that Bitcoin is now less volatile than most major technology stocks, a likely sign of improving market maturity.When people describe Bitcoin, one concept likely to be mentioned is high volatility, especially relative to traditional financial assets. However, this narrative may soon change, at least according to recent data from crypto analytics firm IntoTheBlock.Bitcoin Less Volatile Than Tech Stocks?IntoTheBlock data has shown that Bitcoin is now less volatile than most major technology stocks, a likely sign of improving market maturity. Volatility in finance describes the price fluctuations of an asset within a defined period. Assets with high volatility can see significant price changes quickly. However, analysts believe highly volatile assets are not mature, as their volatility is often a sign low volume and liquidity, allowing market participants to move the market easily.In an X post on Wednesday, January 15, IntoTheBlock shared data showing that Bitcoin's price has been less volatile over the past three months than the stock prices of tech giants like PayPal, Nvidia, and AMD. Specifically, Bitcoin had 34.03% volatility within the period, while PayPal, Nvidia, and AMD had a volatility of 37.15%, 43.30%, and 39.92%, respectively.
Text source: The Crypto Basic
