Bitcoin Is More Stable Than US Stocks

Cryptocurrencies are really quite steady at the moment since Bitcoin is less erratic than stocks because it is anchored around its $20,000 resistance level.

[{"selector":"#anim-74532e03-2797-4da8-ab3c-581be10118d9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-274611ef-9270-4558-a7c3-55038994b5ef","keyframes":{"transform":["translate3d(-120.0692%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1e35013d-ba95-48e5-a7c3-839aaedaddc3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(14.86950528133501%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Learn more

According to BitMEX's.BVOL Index, Bitcoin's volatility has been at a record low for a long time and is currently at 19.65%.

[{"selector":"#anim-0cfb75ce-c500-4131-84dc-4b71ebac7a93","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-93537dd0-c02d-47b1-87a5-4575950a5f82","keyframes":{"transform":["translate3d(-124.46042%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ee78ebbc-f286-4a8b-a607-7db7e4b78161 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.754672804688205%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Learn more

The volume of bitcoin traded has also decreased during the past month, falling from $50 billion to $14 billion.

[{"selector":"#anim-a54d6702-a9ed-4bf1-ae4c-7876404bd8f8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0903f2b3-bfc5-4543-8b41-1ca6155a127c","keyframes":{"transform":["translate3d(-128.72728%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eee512dc-49d8-4e36-8c03-f52952432390 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(32.28124989248331%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Learn more

The low volatility of Bitcoin coincides with the U.S. stock market's historically high volatility (the VIX index is currently at 30.89).

[{"selector":"#anim-02627220-a19f-437f-854a-459057b53a1f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d1fb4d67-1757-44e7-8db9-265c23d19330","keyframes":{"transform":["translate3d(-119.66102%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1e2b9903-c4c5-4f00-ba00-b0a79ab0a504 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(27.851562404002962%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Learn more

the BitMEX.BVOL Index, which gauges the 30-day historical volatility of Bitcoin against the US dollar, had dropped to 19.65% from above 85% in June

[{"selector":"#anim-8857ec5c-5454-4f9e-a0d4-fa6a11deef03","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5b39af71-55cc-4dcc-987d-9b7ad2dca341","keyframes":{"transform":["translate3d(-110.94674%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-937eac90-4132-4445-860b-d6eaaebfb9e7 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(32.28124989248331%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Learn more

However, the trading volume of Bitcoin has decreased significantly during the past month from $50 billion to $14 billion

[{"selector":"#anim-b4b6108d-a609-4518-a6ab-8b0ec1e8ff34","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1fa4e740-d5f5-4b92-b79a-4b24b535d8ee","keyframes":{"transform":["translate3d(-118.48184%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c954c47c-38c5-4f3b-8636-157db09bbea2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Learn more

The combination comes amid indications that cryptocurrency is gaining ground in regular investing. In the same week that Visa and Betterment made identical step

[{"selector":"#anim-e27557ca-553f-4c30-9a4b-31b45d6fc032","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-94e24b66-1d32-4dba-8511-723c0de3a522","keyframes":{"transform":["translate3d(-119.79866%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0c003fe0-158e-4108-9170-8d1554b0b026 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90624987200394%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Learn more

While Wall Street is facing turmoil due to inflation, rate hikes, and other macroeconomic issues affecting the business world, Bitcoin is seeing historic levels of stability

[{"selector":"#anim-94a601d9-4907-4f5d-9c2a-881fb0fba1cd","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4bc8195e-585a-4a67-a779-1e4aa9f6db93","keyframes":{"transform":["translate3d(-114.70588%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3ba75208-fd32-4f8d-ac5f-b28367b259b2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Learn more

A recent research by ZeroHedge concluded that as a result of all of this, the Dow Jones Index is currently more volatile than Bitcoin

[{"selector":"#anim-ce0396eb-7b10-4e10-9bab-ba7662fdf691","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-df84898c-9747-4f3f-9d88-aba13a858772","keyframes":{"transform":["translate3d(-120.20548%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e8a02f7-849c-47e5-9b2c-e94c2e363d36 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Learn more