Bloomberg Reports Even At Its Least Volatile Nobody Is Spending Bitcoin

Bloomberg Reports Even At Its Least Volatile Nobody Is Spending Bitcoin
фото показано с : cryptodaily.co.uk

2018-8-2 23:00

Many argue (including ourselves) that when Bitcoin volatility drops, it will become far easier to spend and thus, more adoptable. Now, Bitcoin volatility is hardly down at the moment, but we can say that volatility has decreased somewhat.

With cryptocurrency more popular than ever, this seems to be the perfect recipe for adoption right? A less volatile, more popular currency will be spend more?

Well, according to Bloomberg, this isn’t the case:

“After peaking at $411 million in September, the amount of money the largest 17 crypto merchant-processing services received in the best-known cryptocurrency has been on a steady decline, hitting a recent low of $60 million in May, according to research startup Chainalysis Inc.

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Источник: cryptodaily.co.uk

bitcoin volatility → Результатов: 77


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Here Are 3 Cryptocurrencies That Will Outperform Market During Bitcoin Volatility: XRP, Cardano (ADA) and CYBRO

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Role Reversal: Ethereum Defies Expectations With Lower Volatility Than Bitcoin

Ethereum (ETH), the second-largest digital asset in the cryptocurrency sector, is currently captivating traders’ attention as volatility gauges indicate an intriguing shift in market dynamics.   Contrary to the customary pattern, these indicators are suggesting that Ether may experience relatively smaller near-term price fluctuations compared to Bitcoin, according to Bloomberg.

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Key Takeaways Long-term holders are accumulating Bitcoin, with two-thirds of the supply stagnant for over a year Our Head of Research, Dan Ashmore, writes that liquidity on the demand side is also drying up, with order books thin and stablecoins fleeing exchanges This will kick up volatility in the short-term, leaving Bitcoin open to aggressive […] The post Bitcoin supply is dwindling, yet volatility will be the biggest benefactor appeared first on CoinJournal.

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Bitcoin volatility rising as $4.2 billion options set to expire Friday

Key Takeaways Bitcoin volatility is the highest point since July 2022 Liquidity is extremely thin which is pushing volatility higher and accentuating price moves $4. 2 billion of options expire Friday, with bull set to profit following the recent surge up to $28,000 Yesterday, I wrote a piece looking at how the correlation between Bitcoin and […] The post Bitcoin volatility rising as $4.

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Bitcoin Volatility Plunging While OI on Binance Is Surging with GBTC Sellers Buying BTC

Trading around $34,500, Bitcoin’s price remains range-bound between $30k and $40k. The lack of any price action has volatility simply plunging to April levels. Amidst this low volatility, Bitcoin’s correlation with the S&P 500 has started to rise in recent weeks while the leading cryptocurrency’s correlation with commodities continues to fall.

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Bitcoin Market State: Investors Holding Steady Instead of Selling Large Volumes like 2018, But Volatility to Remain Under Pressure until Q3 End

The macro-environment also remains in favor of Bitcoin, for now, while the CBDCs aiming for “absolute control” will only drive the cryptocurrency adoption further. The post Bitcoin Market State: Investors Holding Steady Instead of Selling Large Volumes like 2018, But Volatility to Remain Under Pressure until Q3 End first appeared on BitcoinExchangeGuide.

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