Michael Saylor Predicts Bitcoin’s Volatility to Converge with S&P 500

In a bombshell prediction, Michael Saylor, CEO of MicroStrategy, suggests that Bitcoin’s volatility will soon converge with the S&P 500 at a staggering 1.5 times its level. This shift could herald a new era for the cryptocurrency, transforming it from a speculative asset to a serious investment vehicle. Saylor believes this decline in volatility, currently down to 50% annually from its previous peak of 80%, indicates Bitcoin’s maturing and transitioning into a more stable asset class.