Cryptocurrency
Bitcoin Has Been Less Volatile Than Tesla Stock for Months
CoinDesk reports, “Bitcoin (BTC) is often criticized for being over volatile, but it’s been a sea of calm compared with Tesla stock in recent months. Tesla (TSLA) has been seeing bigger daily percentage moves since the end of June, according to 30-day realized volatility data. Further, the volatility gulf between the two assets has been […]
By Chris Sykora · September 28, 2020
CoinDesk reports, “Bitcoin (BTC) is often criticized for being over volatile, but it’s been a sea of calm compared with Tesla stock in recent months.
- Tesla (TSLA) has been seeing bigger daily percentage moves since the end of June, according to 30-day realized volatility data.
- Further, the volatility gulf between the two assets has been widening in recent weeks.
- Bitcoin witnessed a below-1.25% daily move in 14 out of the last 27 days, according to data from TradingView – almost 52% of the time.
- However, Tesla only achieved sub-1.25% moves 6% of the time over the same period, data source Skew tweeted early Monday.
