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Bitcoin (CRYPTO: BTC) is trading in one of its quietest stretches in months, with 9-month volatility falling to a yearly low even as macro uncertainty, ETF outflows and geopolitical risk keep markets on edge.
Why Bitcoin Is So Quiet
Bitwise’s Jeff Park said on Tuesday in an interview with Scott Melker that espite a noisy global backdrop Bitcoin volatility has dropped to the lowest level of the year.
The muted move does not necessarily signal fading interest in Bitcoin. Instead, investors may be using other assets with cleaner risk profiles to hedge portfolios.
Park noted that Bitcoin ETF outflows topped $1 billion last week, yet …
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