Understanding Volatility in Crypto: A Comprehensive Guide

qua, 28/06/2023 - 20:12h - FinTech

BuyBitcoinWorldWide provides the volatility for Bitcoin, measuring the standard deviation of Bitcoin’s prices. Standard deviation represents the variation of a set of values (in this case, prices). A higher standard deviation means that Bitcoin is more volatile since its prices are much more spread out. The past few months have been dark times for the crypto industry. Between April and June, Bitcoin’s value more than halved, from just over $45,000 to around $20,000; other coins have fallen even more. The...

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