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.