Bitcoin, Volatile? No, It’s Actually The Dow Jones Now That Is

Bitcoin maintains a limited trading range between $18,985 and $19,675 during the weekend. The alpha cryptocurrency has just lost its $20k handle. Sunday’s data from Coingecko indicates that BTC is currently trading at $19,499, an increase of 1% over the last week.

However, it is not Bitcoin’s narrow trading range that is making a little bit of ruckus down at Wall Street. It is Bitcoin getting less volatile than the Dow Jones Industrial Average that is.

In recent months, BTC has been trading in conjunction with equities. Both asset classes have been susceptible to prevalent macroeconomic forces, including surging inflation and rising interest rates.

Nevertheless, Bitcoin’s volatility looks to be dropping relative to traditional stocks, as the world’s largest crypto asset de