Bitcoin Price Volatility Reached Its Highest In A Year During May
- Date: 02-Jun-2021
- Source: Forbes
- Sector:Financial Markets
- Country:Middle East
Bitcoin Price Volatility Reached Its Highest In A Year During May
Bitcoin volatility hit a 13-month high in May amid sharp fluctuations. (Photo illustration by Edward ... [+] Smith/Getty Images)
Bitcoin prices had a wild May, experiencing sharp gyrations while they lost close to half their value in a matter of weeks.
The digital currency's annualized 30-day volatility reached 116.62% on May 24, its highest since April 10, 2020, data provided by asset manager Blockforce Capital reveals.
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