BeInCrypto reported on the 3rd, citing Bloomberg data, that "Bitcoin price volatility is now even lower than that of the Korean stock market." The media explained, "This year, the daily fluctuation volatility of the KOSPI index recorded a level of 63% based on standard deviation, which indicates the degree of deviation from the average movement. In contrast, Bitcoin remained at 48%." It added, "This indicator measures how much daily returns deviate from the average, showing how much the market has fluctuated." It continued, "Bitcoin has maintained a steady bearish trend since reaching an all-time high last October. In fact, the BTC price is trading at a level of approximately 29% down from the beginning of the year. This gentle downward trend is the background behind Bitcoin's lower volatility compared to the Korean stock market."
