Bitcoin surpasses Asian stocks in stability
Bitcoin's volatility is now 42%, below South Korea's Kospi and Pakistan's KSE 100 at 51%. Asian stocks are more volatile due to geopolitical and energy shocks, while Bitcoin remains stable.
Bitcoin's 30-day realized volatility has fallen to around 42%, now lower than South Korea's Kospi index and Pakistan's KSE 100, both at about 51%. This marks a significant shift, challenging Bitcoin's reputation for extreme price swings. The recent surge in volatility across Asian equity markets is largely due to geopolitical tensions and energy shocks, particularly the Iran conflict. These factors have especially impacted oil-dependent economies like South Korea and Pakistan. Meanwhile, Bitcoin has traded within a relatively stable range of $65,000 to $75,000. The launch of spot ETFs in the U.S. since January 2024 has attracted more institutional, risk-managed capital, further dampening price swings. This stability is enhancing Bitcoin's appeal as a hedge during periods of macroeconomic and geopolitical uncertainty.