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Bitcoin volatility lowest in 563 days, Hayes predicts $1M BTC by 2028

cryptoweekly by cryptoweekly
April 30, 2025
in bitcoin, News
0

Bitcoin volatility drops to a 563-day low, suggesting asset maturity as Arthur Hayes forecasts a $1 million BTC price by 2028 amid rising ETF flows and investor confidence.

Bitcoin is showing signs of maturity as a global financial asset, with price volatility dropping to its lowest level in more than 500 days, according to new research.

Volatility refers to the degree of variation of a trading price over time, which indicates the uncertainty about the size of changes in an asset’s value.

Bitcoin (BTC) weekly volatility hit a 563-day low on April 30, said Vetle Lunde, the head of research at K33 Research.

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Recent Posts
  • US sanctions crypto wallet tied to ransomware, infostealer host
  • SEC approves conversion of Grayscale's large-cap crypto fund into ETF
  • SOL ETF news gain evaporates, while chart warns of another 20% drop
  • Bitcoin at risk of deeper drop as BTC slips below key support levels
  • US regulator considers simplified path to market for crypto ETFs
  • Connecticut governor approves law prohibiting crypto use in government
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