Bitcoin's volatility has fallen below that of the S&P 500 and the Nasdaq for the first time since 2020.
October 21, 2022 | | | | | 📈 30 Second Cryptocurrency Price Summary | Current Bitcoin Price: $18,960 | Bitcoin price has slipped below the $19,000 mark, touching the $18,600s before bouncing back. Overall volatility remains very low. | Top-20 altcoins are down across the board over the last day of trading, with Ethereum and BNB down 2%, XRP falling 4% and Solana taking a 7% hit. | Top Stories for October 21, 2022 🔥 | | Bitcoin's volatility has fallen below that of the S&P 500 and the Nasdaq for the first time since 2020, according to 20-day realized volatility data by Kaiko. | The stability comes less than a month after 40-year highs in volatility for both crypto and equities – interestingly enough with Bitcoin stabilizing faster than stocks. | | Asset management giant Fidelity is beefing up its crypto division, Fidelity Digital Assets, with 100 hires planned within the next three to six months. | Fidelity revealed a new Ethereum-based fund earlier this month, providing clients exposure to Ether (ETH) in amounts of at least $50,000 – as well as possible retail offerings coming soon. | | Popular messaging app Telegram plans to auction usernames for its platform via The Open Network (TON) blockchain, to its 700 million users. | Holders of usernames would be able to transfer them to interested parties via the blockchain "via NFT-like smart-contracts" says Telegram founder Paul Durov. |
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