{"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