Deutsche Bank: Bitcoin volatility will continue to decline as adoption increases

PANews reported on July 15 that according to CoinDesk, Deutsche Bank released a report on Tuesday stating that as mainstream acceptance increases, Bitcoin is being widely adopted by enterprises, retail investors, and governments, and its volatility may continue to decline. Upcoming legislation in the United States has sparked market enthusiasm, driving Bitcoin's recent rise and causing its volatility level to reach a historic low. The report pointed out that driven by favorable regulations, increased institutional adoption, and global macroeconomic changes, Bitcoin has risen nearly 75% since mid-November. This rise coincides with Washington's "Crypto Week", highlighting the increased participation of governments and businesses in digital assets. This week, the U.S. House of Representatives will vote on the CLARITY Act and the GENIUS Act. Deutsche Bank believes that the decline in volatility indicates market maturity, and Bitcoin may gradually become a more stable and strategically significant asset, increasing its attractiveness to long-term asset allocation institutions.