Deutsche Bank: As Bitcoin adoption increases, its volatility will continue to decline
ChainCatcher news, according to Coindesk, Deutsche Bank stated that as mainstream acceptance increases, along with the adoption of Bitcoin (BTC) by enterprises, retail investors, and governments, the volatility of Bitcoin may continue to decline.
The German bank pointed out that the recent rise in Bitcoin was driven by the upcoming cryptocurrency legislation in the United States, but it is noteworthy that this surge was accompanied by a record decline in Bitcoin's volatility.
Deutsche Bank believes that the decrease in volatility indicates a maturing market, where regulatory clarity, broader adoption, and long-term investment behavior are making Bitcoin more stable.
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