ChainCatcher news, the latest report from encryption data provider Kaiko shows that the volatility of the encryption market increased significantly in September this year. Bitcoin’s 30-day volatility has surged to 70%, nearly double the level at this time last year and close to levels seen in March when it hit an all-time high.
In addition, Ethereum’s volatility has exceeded March levels and Bitcoin’s current levels, mainly driven by events such as Jump liquidation and the launch of the ETH ETF. 💹
While increased market volatility may bring more trading opportunities, it also means increased risk. Investors need to remain cautious and pay close attention to market dynamics.