According to TechFlow, Forbes reported that the latest data showed that in October 2024, the volatility of stocks of several technology giants exceeded that of Bitcoin, subverting the traditional perception that cryptocurrencies are more volatile.
Tesla stock had the highest volatility at 24%, followed by AMD at 16% and Nvidia at 12%, all exceeding Bitcoin’s 11% range.
Other tech giants have lower volatility than Bitcoin. Intel’s price volatility is 9%, while Meta and Microsoft’s remain around 8%. Amazon’s volatility is 7%, and Google’s is 6%. Apple is the most stable of the stocks analyzed, with a monthly volatility of just under 6%.
It is worth noting that Tesla's volatility is more than twice the range of Bitcoin's volatility in October 2024.
