Bitcoin Volatility Declines: Signals of Institutional Influence

A recent dip in Bitcoin’s price, as per Odaily, reveals a significant change in the cryptocurrency market’s dynamics. The asset has experienced a substantial drop of up to 36% since hitting its all-time high in early October. This decline is accompanied by decreased implied volatility, indicating that institutions are playing a more prominent role in how risk is managed within the Bitcoin market. Previously, speculation fueled Bitcoin’s price fluctuations, with traders seeking to capitalize on its frequent and substantial swings. This shift toward institutional influence suggests a new era for Bitcoin’s market dynamics.