29 Jun '17, 10am

Bitcoin Has Become So Volatile It Looks Like an ETF on Steroids

The uptick in volatility looms over the bitcoin market’s legitimization. Since a bubble burst in 2014, the cryptocurrency had become more stable, with two-month realized volatility reaching it’s lowest level in April 2016. But the recent price swings are a painful reminder that bitcoin has a long way to go before it behaves like a mainstream currency, if it ever does, said Dave Nadig, chief executive officer of San Francisco-based research firm ETF.com.

Full article: https://www.bloomberg.com/news/articles/2017-06-29/bitcoi...

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