Dow Jones is now officially more volatile than Bitcoin
Bitcoin (BTC) has traded in tandem with stocks, with both asset classes battling prevailing macroeconomic factors led by skyrocketing inflation and interest rate hikes. However, Bitcoin’s volatility appears to cool down compared to traditional stocks as the flagship crypto shows signs of decoupling from equities.Dow Jones index that tracks the 30 largest industrial stocks.
Bitcoin’s latest achievement highlights the asset’s maturing nature considering it has been classified among the most volatile investments. Notably, proponents have maintained that once Bitcoin matures, characterized by increased adoption, the asset will be less volatile and trade like traditional assets. Overall, Bitcoin has historically been marred by volatility, but traditional financial markets are usually much more stable.
Source
https://t.me/CryptoMarketUpdates
