Community Articles

via CoinDesk · By CoinDesk Staff

Trace Mayer says bitcoin’s (BTC) falling volatility signals institutional maturity, not weakness

BTC

BTC/USDT

$84,293.10

-0.03%

$84,293.10

-0.03%

(24s)

24h Volume

$15,184,451,007.90

24h H/L

$85,255.00 / $83,183.00

Change: $2,072.00 (2.49%)

Long/Short

58.2%

Long: 58.2%Short: 41.8%

Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$84,056.77

▼ -0.05%

Volume (24h): -

Resistance Levels

Resistance 3$87,335.96

Resistance 2$85,667.07

Resistance 1$84,123.41

Price$84,056.77

Support 1$84,021.79

Support 2$80,169.72

Support 3$77,064.96

Pivot (PP):$84,179.33

Trend:Uptrend

RSI (14):64.1

CoinDesk Staff

(01:00 PM UTC)

1 min read

Updated byMichael Roberts

0 comments

Bitcoin's wild days are over — and Trace Mayer says that's a good thing

The creator of the Mayer Multiple argues bitcoin’s growing economic substance is compressing volatility and attracting deeper capital.

Bitcoin’s BTC$73,834.94 trademark volatility was for years treated as both its greatest feature and its biggest flaw. Recently, that roller coaster has quieted into something resembling a…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

CoinDesk Staff · CoinDesk

Read original →

Live BTC price →More BTC news →

Comments