This sharp decline and subsequent leap of Bitcoin led to a record breaking volatility. According to data shared by Skew Markets, Bitcoin’s 10-day volatility has even exceeded 300%. Despite this, the stable image seen for the last few days also brought a serious decrease in volatility and began to show signs of price improvement. Again, according to Skew’s data, volatility has dropped to below 200% over 300%. It is known that this decrease, which occurred in just 24 hours, stemmed from the stability of BTC, which has been between $ 5,800 and $ 6,300 for two days. Continuing this still image of Bitcoin may increase institutional investors’ trust and investments in BTC. Bitcoin previously had a heavy selling pressure because it was too volatile and risky, and this seems to be improving slowly.
