{"id":11230,"date":"2018-12-11T00:00:00","date_gmt":"2018-12-11T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2018\/12\/11\/bitcoin-volatility-btc-more-than-tripled-in-the-last-30-days\/"},"modified":"2018-12-11T00:00:00","modified_gmt":"2018-12-11T00:00:00","slug":"bitcoin-volatility-btc-more-than-tripled-in-the-last-30-days","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/bitcoin-volatility-btc-more-than-tripled-in-the-last-30-days\/","title":{"rendered":"Bitcoin volatility [BTC] more than tripled in the last 30 days"},"content":{"rendered":"

Bitcoin<\/a> <\/strong>volatility over the past 30 days has more than tripled according to the Bitcoin Volatility Index. As of yesterday December 9th, the index recorded the volatility at 5.53% which is a marked rise from the November 9th figure of 1.57% representing a 3.5% rise in volatility.<\/p>\n

However, since November 9th, the volatility fell further to yearly lows of 0.73% recorded on November 14th the day Bitcoin price<\/a><\/strong> fell by 12% in a matter of hours losing close to $800.<\/p>\n

The Bitcoin price volatility has been on a steady decline for the better part of this year after rising to all-time highs at the start of 2018.<\/p>\n

The highest figure recorded this year was on January 4th, when the index read 8.20% volatility. This volatility corresponded with a Bitcoin spot price of $15,155. Bitcoin price has also been on a protracted decline since its December 2017 highs, a direct correlation to its volatility.<\/p>\n

\"The<\/a><\/p>\n

However, over the past month, the price of Bitcoin has lost close to 45% of its value and the cryptocurrency has seen an 8% rise in volatility from its yearly low figures of 0.73%<\/strong>. The last time the volatility of the leading cryptocurrency was at the 5.53% level was in March when the volatility stood at 5.56% and the Bitcoin spot price was $9,500.<\/p>\n

During Bitcoin\u2019s 17-month volatility lows of 0.73% (experienced in the first half of November 2018), industry insiders had a (short-lived) joke that the leading cryptocurrency (according to market cap) transpired to become \u201cthe ultimate stablecoin.\u201d As of press time, Bitcoin is trading at $3,480 having lost about 2.26% in the last 24 hours.<\/p>\n

The Bitcoin Volatility Index is a service that tracks the volatility of the Bitcoin price as paired with the US Dollar.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bitcoin volatility over the past 30 days has more than tripled according to the Bitcoin Volatility Index. As of yesterday December 9th, the index recorded the volatility at 5.53% which is a marked rise from the November 9th figure of 1.57% representing a 3.5% rise in volatility.<\/p>\n","protected":false},"author":4,"featured_media":11232,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[100,70,74],"tags":[4602,4910,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/11230"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=11230"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/11230\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/11232"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=11230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=11230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=11230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}