Post
Topic
Board Bitcoin Discussion
Re: Why Bitcoin price is so volatile? What are the major factors that drive it?
by
Baofeng
on 25/02/2021, 23:23:26 UTC
I am wondering why Bitcoin price is much more volatile than the stock market?

It's decentralised to begin with, no central authority to control the whole ecosystem, and with a market that is open 24 x 7 x 365 it will be very volatile as there are constant buying and selling. And then we have whales and average joe traders competing against one another, so it will be a place like a battle ground so I don't think it i fair to compare it with Stock market like SP 500, it's very different.