Report: Bitcoin is Less Volatile Than Amazon, Netflix, and Nvidia22.38

Historically, cryptocurrencies like Bitcoin have been criticized for their volatility, a trait which is often cited as a hurdle for crypto adoption in terms of real-world usage and increased interest from institutional investors. But according to new data, the No. 1 digital currency by market cap is actually less volatile than some of the largest and most popular stocks on Wall Street.

The data comes from CBOE Global Markets, which focused on the 20-day historical volatility (HV) of Bitcoin, a number which has fallen to 31.5% — comparable to the HV of Domino’s Pizza which sits at 36.2% (see complete chart on Market Watch).

Original source
https://www.newsbtc.com/2018/10/23/report-bitcoin-is-less-volatile-than-amazon-netflix-and-nvidia/

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