- Investors find Bitcoin’s low volatility encouraging because it might help Bitcoin $6396.35 -0.16% to gain traction as a payment method and as ‘digital gold‘ for storing value.
- In fact, low volatility might be evidence that price manipulation is receding.
- Anthony Cuthbertson writes, “cryptocurrency analysts believe the market might be on the verge of mirroring the gains it experienced in late 2017.”
- In effect, referring to the depressed crypto market, economist and Bloomberg opinion columnist Tyler Cowen writes, “But perhaps that development is precisely what we need for crypto to take the next step forward.
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