According to U.today, Kaiko data shows that the 90-day volatility of Bitcoin and Ethereum has dropped to 35% and 37% respectively, while the 90-day volatility of crude oil has reached 41%. Data shows that Bitcoin trading volume last month hit the lowest level since November 2020, and the 30-day volatility is close to a five-year low. It is worth noting that Bitcoin's volatility is currently lower than that of the S&P 500, technology stocks, gold, etc.
Note: Volatility is the rate at which the price of a given asset rises or falls over a given period of time. Historically, Bitcoin has been highly volatile, but this has not been the case recently, but this unusual stability has been accompanied by a sharp drop in trading volume.
