Currently, both Apple stock and gold are more stable investments than Bitcoin, but the price of the cryptocurrency is currently less volatile than shares of tech giants Amazon and Meta.
Bitcoin’s price volatility is 32%, a sharp drop from its historical average of 71%. Compared with old-school asset classes such as precious metals, fiat currencies and blue-chip stocks, bitcoin price volatility is notoriously chaotic.
But the world’s largest cryptocurrency by market capitalization is currently less volatile than shares of tech giants Amazon and Meta.
So-called bitcoin annualized volatility, which tracks the standard deviation of the daily percentage change in price over the past 30 days, is currently around 32%, according to The Block Research. This is very low given the asset’s historical average price volatility of 71%.