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CoinTurk News 2023-08-08 17:05:38

Bitcoin Volatility Reaches Lowest Level in 6 Years, What Does This Mean for the Future?

Ark Invest recently released a report titled “Bitcoin – Breakout or Breakdown?”, stating that “Bitcoin’s volatility reached the lowest level in the last 6 years in July, indicating significant potential for price movement in both directions.” This is not new news for investors who have been following the cryptocurrency markets. Fed Decisions Have Not Been Priced In Yet The Ark Invest report suggests that the Fed tightening could be a “leading indicator of price deflation” and there may be a lag associated with monetary policy. The post Bitcoin Volatility Reaches Lowest Level in 6 Years, What Does This Mean for the Future? appeared first on COINTURK NEWS.

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