Bloomberg Strategist: Bitcoin’s Volatility Relative to Gold Falls to 2.2 Times

Bloomberg ETF Senior Analyst Eric Balchunas revealed on August 5 that Bitcoin’s 90-day rolling volatility has significantly dropped, with levels now under twice that of gold, indicating improved market stability.

BTC

Summary

Bloomberg ETF Senior Analyst Eric Balchunas stated on August 5 that since its debut, the Bitcoin ETF’s 90-day rolling volatility has declined from over 60 to below 40. Combined with GLD data, Bitcoin's volatility relative to gold has now contracted to less than twice that of gold, a marked improvement from earlier levels exceeding three times.

Terms & Concepts
  • 90-day rolling volatility: A metric that measures the fluctuation of an asset's price over a 90-day period, indicating its short-term risk.
  • Bitcoin ETF: An exchange-traded fund that tracks the price performance of Bitcoin, allowing investors to gain exposure without direct ownership.