Gold becomes more volatile than Bitcoin as volatility explodes to 2008 levels | US Digital Currency News


Welcome to the US Cryptocurrency News Morning Briefing – your essential summary of the most important developments in the cryptocurrency world for the day ahead.

Grab a coffee and get ready: Markets are moving in ways many did not expect. An asset is swinging wildly, defying the norms, while the other is struggling to recover. Traders and investors are watching closely as volatility reshapes familiar narratives, suggesting that nothing is as it seems.

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Today’s Cryptocurrency News: Gold Volatility Outpaces Bitcoin Amid Historic Market Volatility

Gold outperforms Bitcoin amid market turmoil. Recent price volatility has also outpaced Bitcoin, highlighting a rare reversal in risk dynamics that few investors expected.

The data shows that gold’s 30-day volatility rose to a new peak at 48.68, and stabilized at 41.04 at the time of writing. It should be noted that this level has not been tested since the financial crisis of 2008.

In comparison, the Bitcoin volatility It currently hovers around 39%, despite its reputation as a highly speculative asset.

Bitcoin Volatility Index
Bitcoin Volatility Index. Source: newhedge

Gold volatility comes next Its biggest drop in more than a decadeincluding a decline of nearly 10% during a session from a peak of $5,600 to about $4,400 an ounce in Asian trade.

since Bitcoin was created 17 years agoGold just became twice as volatile. The most recent was in May 2019 during the escalation of trade tensions raised by threats of tariffs by US President Donald Trump.

These big swings in gold come amid broader macroeconomic uncertainty. As a recent post noted For the US digital currency news bulletin Renewed fears of geopolitical instability, currency depreciation and questions about the independence of the Federal Reserve prompted investors to invest in precious metals.

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Gold bounces back $6 trillion in two days, leaving Bitcoin far behind

Gold’s recovery has been equally significant, with XAU prices returning above $5,000 an ounce, up 17% in just 48 hours.

During the same period, gold added $4.74 trillion to its market value, while silver added $1 trillion. This brings the total growth in the value of the precious metals market to almost $6 trillion in two days.

“This is more than 4x the market cap of Bitcoin,” said Crypto Rover Analyst.

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This recovery reflects a strong accumulation by institutional and high net worth investors, as the continued buying with each dip reflects who is accumulating the precious metal, regardless of the noise.

“The volatility shouldn’t surprise anyone here – it’s rare for an asset to absorb a hit like last week and then bounce right back without any setbacks. Gold is still largely without assets, and this move has real bodies as part of a much larger cycle.” He said Ottavio in a post.

Even amid the volatility, gold has maintained its status as a safe-haven asset, about 66% year-over-year, while Bitcoin is still up more than 20% over the same period.

This disparity reflects how in times of macroeconomic stress traditional precious metals still hold significant value in investors’ portfolios, even outperforming prominent digital assets.

As geopolitical and monetary pressures continue, new gold volatility is likely to remain in focus, That provides risks and opportunities for traders Seeking refuge from broader market volatility.

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Today’s map

Gold Volatility Index. Source: TradingView

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Here’s a roundup of more US cryptocurrency news to follow today:

Overview of Pre-Market Cryptocurrency Stocks

Company Closed until February 3rd Early market overview
Strategy (MSTR) $133.26 $132.55 (-0.53%)
Coinbase (COIN) $179.66 $178.89 (-0.43%)
Galaxy Digital Holdings (GLXY) $21.98 $22.11 (+0.59%)
Mara Holdings (MARA) $9.05 $8.99 (-0.66%)
RIOT Platforms $15.34 $15.32 (-0.13%)
Basic Sciences (CORZ) $17.74 $17.65 (-0.51%)
Open Race Scholarship Process: Google Finance





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