The volatility is a joke. It makes Bitcoin look like a sh!tcoin that is constantly pumped and dumped by whales.
10% moves in a day are standard, that cannot be if Bitcoin actually wants to be used seriously.
I thought that by now, with such a high market cap, that the volatility would be greatly reduced, but if anything it is worse than ever!
I look at the price, it is $4400, I look back 10 mins later, it is $4050! What has happened I think, oh nothing, it's just Bitcoin. When the 10% moves become 1% moves, I'll be happy.
I don't think we will see stabilization within 1% range anytime soon.