According to CoinDesk, the silver market's volatility has significantly exceeded that of Bitcoin, reflecting two very different market conditions. Silver's actual volatility has surged above 50%, with prices increasing by over 151% this year, mainly driven by growing demand for green technology and China's upcoming export restrictions. Meanwhile, Bitcoin's 30-day annualized actual volatility remains stable at around 45%, below its 365-day average of 48%. Bitcoin is currently trading at approximately $87,350, down nearly 30% from the October high of $126,000. Analysts attribute this decline to weakening spot ETF demand and market mechanism factors, rather than a shift in market sentiment.
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Analysis: Silver volatility surpasses Bitcoin, Bitcoin's year-end trading volume shrinks
According to CoinDesk, the silver market's volatility has significantly exceeded that of Bitcoin, reflecting two very different market conditions. Silver's actual volatility has surged above 50%, with prices increasing by over 151% this year, mainly driven by growing demand for green technology and China's upcoming export restrictions.
Meanwhile, Bitcoin's 30-day annualized actual volatility remains stable at around 45%, below its 365-day average of 48%. Bitcoin is currently trading at approximately $87,350, down nearly 30% from the October high of $126,000. Analysts attribute this decline to weakening spot ETF demand and market mechanism factors, rather than a shift in market sentiment.