Bitcoin Price Swings Don't Translate to Volatility
The Bitcoin (BTC) price has been experiencing significant fluctuations in recent times. Despite this volatility, one key metric remains relatively stable - volatility itself. According to CoinDesk's analysis, the Bitcoin price has plenty of reasons to freak out, yet volatility remains low.
One reason for this anomaly is that market participants are becoming increasingly accustomed to these wild swings. As a result, they're not reacting as strongly to them as they once did.