What a Less Volatile Bitcoin Means for The Crypto Market

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© Reuters.   What a Less Volatile Bitcoin Means for The Crypto Market © Reuters. What a Less Volatile Bitcoin Means for The Crypto Market

It’s not every day that one could say that is a stable currency, but that is what’s been happening for a while now. For the last two months of trading, Bitcoin has stayed within $400 of its price after its fall from a bull run on September 3.

Looking at a one-year history of how Bitcoin has performed paints an even clearer picture of this stability.

That said, this is perhaps the longest period we’ve seen so far in which Bitcoin stayed within reasonable limits, even surpassing NASDAQ in terms of stability. Although Bitcoin is no stranger to periods of stability, this is by far the longest and most stable of them a…

This article appeared first on Cryptovest

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