๐จ BITCOIN'S RISK PROFILE IS CHANGING.
Grayscale reports $BTC's annualized realized volatility has fallen to 43%. A decade ago? Its 10-year average was 64%. Five years ago? Around 81%.
Bitcoin is now LESS volatile than Oracle and Coinbase shares.
But isn't volatility what attracted us to $BTC in the first place? Well, maybe... but banks and companies don't want that kind of volatility.
You can't have insane daily moves and institutional adoption at the same time.
Pick one.