[Kotoon] “As Bitcoin matures, volatility will decrease further.”

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Citing a Fidelity report, CoinDesk, a cryptocurrency media outlet, predicted that “Bitcoin (BTC) volatility is decreasing, and as the market matures, volatility will decrease further.” “New assets generally take time to become less volatile,” the report said. Gold also showed high volatility when the U.S. abandoned the gold standard in the 1970s. Bitcoin is currently less volatile than 33 S&P 500 companies and the U.S. stock market. “It is less volatile than the Magnificent 7, which leads the market, and volatility may increase due to the inflow of new funds, but the influence of the inflow of funds will decrease over time,” he predicted.

※Cotoon (Coin Webtoon) is Coin Leaders’ cryptocurrency cartoon. The cartoonist is Jinho Kim. Artist Kim has been drawing current affairs cartoons for the Incheon Ilbo, Chungcheong Ilbo, Yeongnam Ilbo, and Gyeongnam Maeil for over 20 years, and is notable for his history of working and converting current affairs cartoons into files in a completely digital manner since the early 2000s. Currently, he supplies cartoons to many Internet media outlets, including Financial Today, and is active as an illustrator for MBN and Channel A.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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