Bitcoin Volatility at Historic Low as Long-Term Holders Dominate
Bitcoin’s one-month realized volatility is historically low, according to Glassnode, whose statistical analysis identifies long-term holder supply as the leading explanatory variable. Market capitalization, trading turnover, and derivatives positioning show substantially weaker relationships. Long-Term Holder Supply Leads Glassnode’s Analysis Bitcoin was trading at $78,449.49 at the time of writing after falling below $79,000 following an […]