Bitcoin Volatility Reached Its Highest Since November This Week - News Summed Up

Bitcoin Volatility Reached Its Highest Since November This Week


Bitcoin price volatility reached a 2020 high earlier this week. The digital currency reached $9,009.53 this morning, its highest since November 11th, CoinDesk figures show. On that particular day, bitcoin’s 30-day volatility rose to 62%, its highest since November 23rd, said Martin. While this figure represented the highest value of 2020, it was still slightly below the cryptocurrency’s average volatility reading of 63% over the last six months. Disclosure: I own some bitcoin, bitcoin cash, litecoin, ether and EOS.


Source: Forbes January 17, 2020 19:07 UTC



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