On July 15, according to Coindesk, Deutsche Bank stated that as mainstream acceptance increases, and the adoption of Bitcoin (BTC) by businesses, retail investors, and governments rises, the volatility of Bitcoin may continue to decline. This German bank pointed out that the recent rise in Bitcoin was driven by impending 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 that the market is maturing, and the clarity of regulation, broader adoption, and long-term investment behavior are making Bitcoin more stable.
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Deutsche Bank: As the adoption rate of Bitcoin increases, its Fluctuation will continue to decline.
On July 15, according to Coindesk, Deutsche Bank stated that as mainstream acceptance increases, and the adoption of Bitcoin (BTC) by businesses, retail investors, and governments rises, the volatility of Bitcoin may continue to decline. This German bank pointed out that the recent rise in Bitcoin was driven by impending 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 that the market is maturing, and the clarity of regulation, broader adoption, and long-term investment behavior are making Bitcoin more stable.