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Bitcoin volatility has fallen to levels seen in the summer of 2023, Cointelegraph reported, citing Glassnode data.
According to Glassnode, Bitcoin’s one-month realized volatility has dropped to an annualized 25%. The metric previously fell as low as 18% in the summer of 2023, and the current pattern is seen as similar to the period when Bitcoin prices rose, speculation in memecoins and altcoins followed, and the market then entered a lull.