Grayscale Research: Bitcoin’s annualized volatility falls to 43%, below that of about 19% of S&P 500 constituents】
On October 20, data from Grayscale Research showed that Bitcoin’s realized annualized volatility over the past year had fallen to 43%, well below its 10-year average of 64% and its level of 81% five years ago. As of October 6, BTC’s volatility was lower than that of about 19% of S&P 500 constituents.
Why it matters: Declining volatility suggests BTC is moving from a high-risk asset toward one that institutions can allocate to.
Positive for: $BTC long-term narrative.
Comparison: Coinbase at about 70%, SanDisk at about 110%, Amazon at about 31%, and JPMorgan Chase at about 20%.
About the company: Grayscale is one of the world’s largest crypto asset managers, and its GBTC is a long-established trust product.
Trump thanks Musk for nationwide U.S. giveaway, as Meme and political sentiment heat up】
On the morning of October 20, U.S. President Trump posted a message thanking Musk for a nationwide U.S. giveaway, calling him a legendary friend. Musk had previously said that next year he would give one share of SpaceX stock to every child in the United States.
Why it matters: Political figures are becoming deeply tied to crypto and Memes, keeping the narrative active ahead of the midterm elections.
Positive for: $TRUMP and leading $MEME .
Future trend: As the election cycle approaches (the midterm elections are on November 3), volatility in political Memes is likely to increase.
About the coin: TRUMP is a Trump-themed token that is highly sensitive to political events.
On October 20, data from Grayscale Research showed that Bitcoin’s realized annualized volatility over the past year had fallen to 43%, well below its 10-year average of 64% and its level of 81% five years ago. As of October 6, BTC’s volatility was lower than that of about 19% of S&P 500 constituents.
Why it matters: Declining volatility suggests BTC is moving from a high-risk asset toward one that institutions can allocate to.
Positive for: $BTC long-term narrative.
Comparison: Coinbase at about 70%, SanDisk at about 110%, Amazon at about 31%, and JPMorgan Chase at about 20%.
About the company: Grayscale is one of the world’s largest crypto asset managers, and its GBTC is a long-established trust product.
Trump thanks Musk for nationwide U.S. giveaway, as Meme and political sentiment heat up】
On the morning of October 20, U.S. President Trump posted a message thanking Musk for a nationwide U.S. giveaway, calling him a legendary friend. Musk had previously said that next year he would give one share of SpaceX stock to every child in the United States.
Why it matters: Political figures are becoming deeply tied to crypto and Memes, keeping the narrative active ahead of the midterm elections.
Positive for: $TRUMP and leading $MEME .
Future trend: As the election cycle approaches (the midterm elections are on November 3), volatility in political Memes is likely to increase.
About the coin: TRUMP is a Trump-themed token that is highly sensitive to political events.