Wall Street is counting on Bitcoin's high volatility to pay year-end bonuses.null
This article is from: Jeff Park, Bitwise Advisor
Compiled by: Moni, Odaily Planet Daily
In just six weeks, Bitcoin's market value has evaporated by $500 billion, with ETF fund outflows, Coinbase discounts, structured sell-offs, and poorly positioned long positions being liquidated, while there are no clear catalysts to stimulate a market rebound. Moreover, concerns about whale sell-offs, struggling market makers with significant losses, lack of defensive liquidity supply, and the survival threat posed by the quantum crisis continue to hinder Bitcoin's potential for a rapid recovery. However, throughout this decline, one question has persistently troubled the community: what has happened to Bitcoin's volatility?
In fact, the volatility mechanism of Bitcoin has quietly undergone a transformation.
Over the past two years, it has been widely believed that ETFs have "tamed" Bitcoin, suppressing its volatility.
MarsBitNews·2025-11-23 14:52