I am wondering why Bitcoin price is much more volatile than the stock market?
Let's just stick with Bitcoin only. Bitcoin have a market cap close to $1T as we speak and, yet, its price is still so volatile. Is it because the availability of bitcoins in the market is low as most people (especially the new institutional investors) are hodling?
Is it fair to compare Bitcoin (or crypto market as a whole) to a stock market like SP 500 (which currently has $31.61 trillion market cap)? If so, Bitcoin cap is only 3% of the SP500. Is it because of its relatively lower market cap which make it easier for its price to be manipulated (i.e., by a pump-and-dump)?
What do you think?
Price volatility hasn't changed for Bitcoin and also with other following coins, that continue to change everytime fluctuations happened. Manipulation? I don't think so because whales is now a part of its progressive growth. Even though we've seen some corrections but it doesn't hinder the pumps happening these days, and the community contributes on worldwide demand which is a big factor for continuing increase for its potential profit.