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Deutsche Bank: Bitcoin Volatility Expected to Decrease as Adoption Increases
Summary: According to Coindesk, Deutsche Bank has stated that as mainstream acceptance grows and adoption of Bitcoin (BTC) by corporations, retail investors, and governments increases, the volatility of Bitcoin may continue to decrease. The German bank noted that the recent rise in Bitcoin has been driven by the upcoming crypto legislation in the United States, but ...
According to Coindesk, Deutsche Bank has stated that as mainstream acceptance grows and adoption of Bitcoin (BTC) by corporations, retail investors, and governments increases, the volatility of Bitcoin may continue to decrease. The German bank noted that the recent rise in Bitcoin has been driven by the upcoming crypto legislation in the United States, but it is worth noting that this increase is accompanied by a record decrease in Bitcoin volatility. Deutsche Bank believes that the decrease in volatility indicates a maturing market, with regulatory clarity, wider adoption, and long-term investment behavior making Bitcoin more stable.
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Link: Deutsche Bank: Bitcoin Volatility Expected to Decrease as Adoption Increases [Copy]
