Bitcoin Volatility Lower Than US Stocks in Iran Crisis, Unlike at Start of Ukraine War
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Bitcoin volatility fell below the main American stock market indices, or even in Iranian-Israeli tensions.
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Long -term holders now control a record of 14.53 million BTC, reducing the supply in circulation.
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Analysts expect Bitcoin to continue to increase, some providing $ 150,000 by the end of 2025.
The Bitcoin Prize (BTC) has been more stable for several weeks than many American actions, according to data shared by André Dragosch, research manager at Bitwise Europe.
Bitcoin shows maturity as an asset class
As of June 23, the volatility carried out of 60 days of Bitcoin, a measure of the way in which its prices oscillate wildly, had fallen at around 27 to 28%, lower than the S&P 500 (~ 30%), at the Nasdaq 100 (~ 35%), and even to the “magnificent technological actions 7 inches of 7 inches high (~ 40%).
The low volatility of Bitcoin stands out because this happens during the climbing of the Middle East conflict, especially after the American bombardment of Iran. The BTC price reacted by lowering $ 100,000 from $ 100,000 during the weekend.
In previous cycles, such geopolitical shocks have often caused much greater and more chaotic price movements. Namely, the 60 to 65% Bitcoin carried out volatility at the start of the Russian-Ukraine war in February 2022, much higher than American actions.
But this time, the volatility of Bitcoin has remained relatively low, suggesting that most traders and investors did not react with panic and that BTC matures as a class of assets.
Long -term bitcoin supply of supports to record heights
The growth of long -term holders has largely stabilized Bitcoin in recent weeks, writing analysts from Glassnode in their recent report.
“More than 30% of Bitcoin’s circulating offer is now owned by only 216 centralized entities – including FNB, exchanges, guardians and corporate treasury,” they note, adding that such concentrated property transforms bitcoin into a “class of active maturation”.
In relation: Geopolitical tensions fuel the central bank to gold, Crypto – Blackrock Exec
The total bitcoin offer owned by long -term holders has regularly increased in recent years, reaching a record summit of 14.53 million BTC (average of 30 days) to June 23, almost 70% of the maximum supply of 21 million.
The price of Bitcoin has increased over the years, as long -term holders suppress traffic supply while institutional demand has increased, dynamic price of sustained rising price.
The co-founder of Bitmex, Arthur Hayes, and the commercial director of the OSL, Eugene Cheung, provide that the BTC price continues to grow above $ 100,000 in the future due to the money printing of the Central Bank and solid institutional support.
Some analysts even predict that Bitcoin will exceed $ 150,000 by the end of 2025.
This article does not contain investment advice or recommendations. Each investment and negotiation movement involves risks and readers should conduct their own research when they make a decision.