Bitcoin Now Less Volatile Than Nasdaq and S&P 500 — Stock Markets More Reactive to Inflation, Strong Dollar, Rate Hikes, Energy Crisis – Markets and Prices Bitcoin News

Bitcoin’s volatility has fallen below that of the Nasdaq and the S&P 500, according to crypto data provider Kaiko. The firm stated that cryptocurrency markets were less sensitive to volatile macro conditions than equity markets. These include high inflation and an appreciating currency, rising interest rates, wars, and energy crises.

‘Bitcoin Volatility Is at Multi-Year Lows’

Bitcoin has become less volatile than both the Nasdaq and the S&P 500, according to cryptocurrency data provider Kaiko, CNBC reported. The crypto data firm explained Friday that BTC’s 20-day rolling volatility has dropped below that of the two stock indexes for the first time since 2020.

Clara Medalie, Kaiko’s head of research, told the news outlet:

Bitcoin volatility has fallen to multi-year levels, while equity volatility has remained at the lowest point since July.

“Equity markets have certainly been volatile over the past few months due to high inflation, an appreciating dollar, rising interest rates, and the ongoing war and energy crisis,” she continued.

Analysts predict that the Federal Reserve will raise interest rates by 75bps for its fourth consecutive meeting in November. Mary Daly, President of the San Francisco Federal Reserve said Friday however that it was time for interest rates to be slowed down.

Medalie further detailed:

These data suggest that cryptocurrency markets are more responsive to volatile macro events today than they were in previous years, while equity markets remain extremely sensitive.

In addition, Kaiko said Monday that “The gap between BTC and equities’ 30-day and 90-day volatilities has also been shrinking since the second half of September despite BTC’s heightened sensitivity to macroeconomic data releases.” The data firm elaborated:

BTC traded in a tight range despite a stronger USD and rising Treasury yields.

In this story, tags
Bitcoin, bitcoin less volatile, bitcoin less volatile nasdaq, bitcoin less volatile S&P 500, bitcoin low volatility, bitcoin’s volatility, crypto-volatility, fed rate hikes, Kaiko, nasdaq, nasdaq volatility, S&P 500, S&P 500 volatility

What do you think about bitcoin’s volatility falling below that of the Nasdaq and the S&P 500? Comment below to let us know your thoughts.

Kevin Helms

Kevin, a student of Austrian Economics and evangelist since 2011, discovered Bitcoin. He is interested in Bitcoin security and open-source software, network effects, and the intersection of cryptography and economics.

Image creditShutterstock. Pixabay. Wiki Commons

DisclaimerThis article serves informational purposes. This article is not intended to be a solicitation or offer to sell or buy any product, service, or company. is not a provider of investment, tax, legal or accounting advice. This article does not contain any information, products, or advice that can be used to cause or alleged result in any kind of damage.

Get more Crypto News at CFX Magazine