Selling price variances in the Bitcoin spot price on the Bitcoin trading exchanges is driven by simply many reasons. Volatility is assessed in classic markets with the Volatility Index, also called the actual CBOE Volatility Index (VIX). Volatility in Bitcoin does not yet possess a completely acknowledged index since cryptocurrency like a real asset class remains to be in its beginning stages, although we do understand that Bitcoin is able of volatility such as 10x adjustments in price compared to the US dollar, in a reasonably short period of time. In this article are only a handful of the various factors behind Bitcoin’s volatility: price of bitcoin
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