Bitcoin Volatility Lower Than US Stocks in Iran Crisis, Unlike at Start of Ukraine War
Bitcoin's price has exhibited greater stability than major US stocks, with a 60-day realized volatility of 27-28% as of June 23, lower than the S&P 500, Nasdaq 100, and top tech stocks. This low volatility persists amid geopolitical tensions, such as the US bombing of Iran, which previously caused larger price fluctuations. The current situation indicates a maturation of Bitcoin as an asset class, with long-term holder supply reaching record highs of 14.53 million BTC, representing nearly 70% of the total supply. Over 30% of Bitcoin's circulating supply is now held by 216 centralized entities, contributing to its stability. Analysts predict continued price growth, with expectations for Bitcoin to surpass $100,000 and potentially reach over $150,000 by the end of 2025, driven by institutional demand and central bank monetary policies.
