🔵In July, Bitcoin price volatility fell to its lowest level in over a year According to Forbes, Blockforce Capital data shows that Bitcoin price volatility fell to its lowest level in over a year in July. As of July 30, the 60-day annualized volatility of Bitcoin dropped to 28.53%, the lowest level since August 2023; the 30-day annualized volatility also fell to 25.26% on July 23, marking a new low since October 2023. During the month, Bitcoin prices fluctuated between $105,000 and $122,750. Market analysis suggests that the decrease in volatility is closely related to the progress of cryptocurrency regulation in the U.S.: In July, the House of Representatives passed three cryptocurrency regulatory bills, including the Stablecoin Innovation Act, which has been signed into law by the President; the SEC released new rules for exchange-traded products (ETPs) and expressed support for the innovation of tokenized securities. The gradual clarification of the regulatory environment has reduced market uncertainty.
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