The regulation of cryptocurrency in various countries is becoming more and more stringent.Regulatory clarity will slow down Bitcoin's volatility。 How do you think of it?
I don't think this will happen. The price volatility of a cryptocurrency, in my opinion, is not directly related to the degree of its regulation by states. Reasonable regulation of cryptocurrency leads to increased liquidity and distribution around the world. However, the price of a cryptocurrency will still depend only on the level of supply and demand for it.
There are different groups that invests in BTC and one of them are those that waited for regulations and infrastructures. A lot of the institutions added BTC to their assets because of those developments. There's that one part of the demand.