Post
Topic
Board Trading Discussion
Re: What happened to Crypto Volatility..???
by
joker1313
on 10/09/2023, 11:04:10 UTC
Personally, I think low volatility simply means that there is a significant reduction in trading volume, and this is very understanding when we consider the fact that we are in a bear market, coupled with the fact that Bitcoin has become a really expensive coin to buy for those who do not have very much money to invest, so those tiny monies are now shifting to some altcoins rather than Bitcoin like it always has been in the previous years, we can confirm this by the declining market dominance of Bitcoin, Ethereum and some other major altcoins..

With uncertainty in the entire crypto market currently, alot of people are either keeping their money in stable coins waiting for market to show some upward strength before they go in again, or they are shifting their investments to altcoins .

One thing certain after all is that, high volatility will return back to the market as soon as Bitcoin starts showing some positive signs of going up again .
yea could be one more reason. price action has always taken a huge part in trading volume. in the last bear market bitcoin was ranging between 3000-6000 and now if u see its almost 5x from that position. higher price can be one of the major reason of low volatility.