On-Chain Activity Suggests Bitcoin Price Volatility Will Continue, Thanks to 'Whales'

On-Chain Activity Suggests Bitcoin Price Volatility Will Continue, Thanks to ‘Whales’

Bitcoin’s (BTC) price volatility spiked in January and could further increase over the near term because “whales” have surfaced. The cryptocurrency’s annualized volatility grew roughly eight percentage points in January to a three-month high of 58.2 percent, according to Kraken’s monthly report.  Volatility rose as bitcoin’s price rallied from lows Read more…