While some traders believe that crypto stocks offer less volatility than $BTC and $ETH, Sharpe ratio suggests the opposite
While belief in the high volatility of cryptocurrencies has always been around, it may soon be non-applicable to cryptocurrencies, as the average volatility for assets like Bitcoin and Ethereum is rapidly dropping compared to previous years.
In the last three months, Bitcoin's implied volatility has reached a new low of 65%, suggesting that traders are not happy with the short-term performance of the first cryptocurrency and prefer avoiding active trading.Arman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience.
Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Weekend Watch: Status Quo as BTC Steady at $40K, ETH at $3,000The cryptocurrency market stands still today, but Bitcoin and Ethereum trade above $40,000 and $3,000, respectively.
Read more »
Ethereum mixer Tornado Cash blocks sanctioned addresses from its frontendTornado Cash, a popular Ethereum mixer that helps obfuscate crypto transactions, now blocks OFAC-sanctioned wallet addresses.
Read more »
California lawmaker scraps plan to require COVID-19 vaccinations for schoolchildrenWithout the bill, the state will continue with a less strict COVID-19 vaccine mandate authorized last year, one that allows parents to opt their children out based on personal beliefs.
Read more »
San Diego startups see steep drop in investment after record year\r\nInvestors more cautious amid a volatile stock market roiled by inflation and Russia’s invasion of Ukraine, as well as a steep decline in startups going public nationwide.
Read more »
Bitcoin Mining Difficulty Drops Rapidly and Its Worrying, Here's WhyICYMI: demand for Bitcoin remains high despite the unpleasant market conditions BTC $BTC BTCmining
Read more »
Virgil Griffith sentenced to 63 months in prison for helping North Korea evade U.S. sanctionsICYMI: Virgil Griffith sentenced to 63 months in prison for helping North Korea evade U.S. sanctions — via financialpost
Read more »