Bloomberg Article:
Bitcoin Volatility Decline Paves Way for Banks, JPMorgan Says
Three-month, six-month realized volatility for coin has fallen
Signs of Bitcoin volatility normalization are encouraging: JPM
The recent pullback in Bitcoin’s volatility is setting the stage for a trend that could encourage institutions to dive in, according to JPMorgan Chase & Co.
“These tentative signs of Bitcoin volatility normalization are encouraging,” strategists including Nikolaos Panigirtzoglou wrote in report emailed Thursday. “In our opinion, a potential normalization of Bitcoin volatility from here would likely help to reinvigorate the institutional interest going forward.”
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