1. Home
  2. Coin Telegraph
  3. Bitcoin volatility soars amid US crypto reserve, tariff jitters
Bitcoin volatility soars amid US crypto reserve, tariff jitters

Bitcoin volatility soars amid US crypto reserve, tariff jitters

0

Source: Coin Telegraph

The digital asset’s volatility is reaching cycle highs across multiple measures, according to data from TradingView and Glassnode.

Bitcoin’s (BTC) volatility is approaching cycle highs as jitters around a looming trade war and a planned US cryptocurrency stockpile reach a crescendo, according to data from TradingView and Glassnode. 

The conflicting bullish and bearish signals, which peaked after US President Donald Trump took office in January, have sent crypto prices on a dizzying ride, the data shows.

“As demonstrated by the intense whipsaw in price action, this has led to very turbulent conditions over the last two weeks against a backdrop of an uncertain political environment,” Glassnode said in a March research note. 

Read more

Go to Source
Author: Alex O’Donnell