Avalanche, polygon limited price bounce: Avalanche (AVAX) and polygon (MATIC) initially rose about 4% during the Asia trading session, but ended up lower over the past 24 hours. Generally, most altcoins underperformed bitcoin on Monday, indicating a lower appetite for risk among crypto traders. Source link … [Read more...] about Traders Brace for Higher Volatility, Altcoins Underperform
Volatility
Volatility Ruled Crypto Markets in 2021, From $69K Bitcoin to Elon Musk’s ‘Dogecoin to the Moooonn’
Bitcoin staged a powerful rally to start off 2021, punctuated by tweets from the billionaire Tesla founder Elon Musk that sent prices soaring for the joke token dogecoin. Soon, though, China’s crackdown on cryptocurrency mining and increasingly nagging concerns over the Bitcoin blockchain’s environmental footprint cast a pall over the market. Instead, crypto traders aped into … [Read more...] about Volatility Ruled Crypto Markets in 2021, From $69K Bitcoin to Elon Musk’s ‘Dogecoin to the Moooonn’
Bitcoin enters December shaken and scarred by extreme volatility
The extreme volatility the crypto industry experienced at the end of November was further exacerbated by massive liquidations in the futures market.According to data from Glassnode, Bitcoin plummetted from its high of $59,000 to a low of $45,000 during the weekend, putting the market down by as much as 35% from the all-time highs set at the beginning of November.New virus … [Read more...] about Bitcoin enters December shaken and scarred by extreme volatility
Retail piles into Shiba Inu while institutions remain unfazed by market volatility
While Bitcoin and Ethereum prices successfully held their rebound from last week’s sell-off, Shiba Inu surged following Kraken listing.Crypto investment products recorded inflows totaling $306 million last week, as Bitcoin saw the largest inflows in five weeks, the latest report from CoinShares revealed.However, price pressures led total assets under management (AUM) to … [Read more...] about Retail piles into Shiba Inu while institutions remain unfazed by market volatility
Higher Volatility Expected in Bitcoin and Ether
As shown in the chart above, “when implied volatility (options market expectations of future volatility) is substantially higher than realized volatility (the actual price fluctuation during past trading ranges), an increase in the latter is usually around the corner and long volatility options positions pay exponential returns,” Two Prime wrote. Source link … [Read more...] about Higher Volatility Expected in Bitcoin and Ether