Stability is getting stronger in Bitcoin
According to Fidelity Investment's latest report, Bitcoin has relatively lower volatility compared to 33 of the nearly 500 companies in the S&P 500 index.
The report found that Bitcoin was less volatile than 92 of the S&P 500 stocks in October 2023, using 90-day realized historical volatility figures.
While Bitcoin's volatility was more than 200 percent in its early years, this figure has decreased and reached a more stable level today.
This is quite common for emerging asset classes. The main reason is that new investments constitute a smaller proportion of the total capital base.