BlockBeats news, on November 19, according to Cointelegraph, Strategy founder Michael Saylor expressed indifference to concerns about the potential impact of Wall Street entering the Bitcoin market on prices and volatility. In an interview on Tuesday, Michael Saylor stated, “I think Bitcoin's volatility has significantly dropped.” He noted that when he started buying Bitcoin for Strategy in 2020, its annualized volatility was around 80%. Since then, Bitcoin's volatility has been on a downward trend and is currently about 50%. He mentioned that Bitcoin's volatility might further drop by about 5 percentage points every few years, and as the asset matures, Bitcoin's volatility will approach 1.5 times that of the S&P 500 index, while “its performance will also be 1.5 times better than the S&P 500.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
