Bitcoin becomes less volatile than stocks in the Iran-Israel conflict
Bitcoin's volatility has decreased to levels below major US stock indexes amidst rising tensions in the Iran-Israel conflict. As of June 23, Bitcoin's 60-day realized volatility is around 27-28%, which is lower than the S&P 500 at approximately 30% and the Nasdaq 100 at about 35%. Long-term holders control a record 14.53 million BTC, leading to a tighter supply even as institutional demand grows. This stability contrasts sharply with Bitcoin's volatility during the earlier stages of the Russia-Ukraine war, where it displayed volatility rates between 60-65%. The current low volatility suggests that investors are not reacting with panic to geopolitical events, indicating Bitcoin's maturation as an asset class. Analysts predict that ongoing institutional support and central bank policies could push Bitcoin's price above $100,000 in the coming years, with some forecasts suggesting it could reach $150,000 by the end of 2025.
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