Cryptocurrency markets’ low volatility: A curse or a possibility?

Cryptocurrency markets are well-known for his or her volatility, the place massive value swings assist traders create or lose fortunes. But there are sometimes intervals of relative stability the place the tight value motion bores some whereas being a possibility for others.

For the reason that starting of the 12 months, Bitcoin’s (BTC) value has soared by over 60%, climbing from round $18,000 to over $27,000 at publishing time. Nonetheless, the cryptocurrency has been caught in a slim vary for the previous two months, fluctuating between $26,000 and $29,000. It has sometimes tried to interrupt out above $30,000 but in addition confronted some dips to $25,500.

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