Bitcoin Is up and Volatility Is Down, Making It Highly Investible

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joaquin
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Reported today on Being Crypto

For the full article visit: https://beincrypto.com/bitcoin-up-and-volatility-down-making-highly-investible/

The positive start to the year for the Bitcoin price has been making the headlines as the asset first closed a successful January, and then managed to cross over $10,000 on Sunday, February 9. This, of course, has sparked investor interest, but another factor should also be considered.

Bitcoin's famed volatilityWe can describe volatility as how much the value of an asset changes over a given time. A volatility index... More is also down near record lows. While the cryptocurrency's volatility was one aspect that brought it to fame and helped it reach a high of $20,000, the more mature asset nowadays thrives under low volatility.

According to a chart from Skew (@skewdotcom) Bitcoin is up 35 percent year-to-date, and it's at a similar level as April 2019, just before the 'Crypto Spring' started taking root. This makes the asset's investability very attractive in current circumstances.

Bitcoin up 35% Year-To-Date with volatility remaining near record low levels is a positive development for the asset's investability pic.twitter.com/nN2Hv8DSf4

- skew (@skewdotcom) February 11, 2020

The Problem With Bitcoin Volatility

Bitcoin's volatility has long been a double-edged sword for the growth and adoption of blockchain and cryptocurrency. It is unlikely that Bitcoin and the entire ecosystem would be where it is at the moment if it wasn't for the crazy price volatility seen through 2017.

This price action of mostly upward movements captured the mainstream media's attention and Bitcoin was suddenly on the lips of every individual wanna-be investor. The interest at this level was strong enough to cause a parabolic price bubble, which then alerted people to the other side of volatility as the price crashed.

Nowadays, Bitcoin's volatility is far less aggressive, despite the odd 40
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