Fidelity Reports Bitcoin Activity Surge Amid Market Calm
Fidelity Digital Assets has reported that despite the current calm in the markets, activity is picking up in the digital asset landscape.
The firm noted that spot Bitcoin ETP inflows have reaccelerated and 30-day realized volatility is hovering near multi-year lows.
This comes as Bitcoin has been stuck in a range of around $60,000 to $65,000 for some time, leading some observers to anticipate a potential move higher in the coming weeks and months.
Fidelity warned that periods of compression do not last forever and volatility will eventually return. The key question is what happens when it does.