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Analysis: Silver Volatility Surpasses Bitcoin, Bitcoin Trading Volume Shrinks at Year End
Summary: According to CoinDesk, silver market volatility has significantly surpassed that of Bitcoin, reflecting starkly different market conditions for the two assets. Silver's actual volatility has soared to over 50%, with prices rising over 151% year-to-date, driven mainly by growing demand for green technology and impending export restrictions in China. Meanwhile, Bitcoin's 30-day annualized actual volatility ...
According to CoinDesk, silver market volatility has significantly surpassed that of Bitcoin, reflecting starkly different market conditions for the two assets. Silver's actual volatility has soared to over 50%, with prices rising over 151% year-to-date, driven mainly by growing demand for green technology and impending export restrictions in China. Meanwhile, Bitcoin's 30-day annualized actual volatility remains stable at around 45%, lower than its 365-day average of 48%. Bitcoin is currently trading at around $87,350, down nearly 30% from its historical high of $126,000 in October. Analysts attribute this decline to weakening demand for spot ETFs and market mechanics, rather than a shift in market sentiment.
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Link: Analysis: Silver Volatility Surpasses Bitcoin, Bitcoin Trading Volume Shrinks at Year End [Copy]
