{"id":21836,"date":"2025-04-12T22:01:34","date_gmt":"2025-04-12T22:01:34","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=21836"},"modified":"2025-04-12T22:01:34","modified_gmt":"2025-04-12T22:01:34","slug":"bitcoin-price-volatility-far-lower-than-during-covid-19-crash-what-this-means","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=21836","title":{"rendered":"Bitcoin Price Volatility Far Lower Than During COVID-19 Crash \u2014 What This Means"},"content":{"rendered":"
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Over the past few weeks, the cryptocurrency market has been overwhelmed by a high degree of uncertainty and volatility triggered by the constantly shifting global macroeconomics. This unsettled market condition saw the Bitcoin price dance between $74,000 and $83,000 in the space of a few days.<\/p>\n

The price of BTC sank toward $74,000<\/a> at the start of the past week as crypto investors panicked after United States President Donald Trump announced new trade tariffs. On Thursday, April 10, the premier cryptocurrency reclaimed the $83,000 level after President Trump paused trade tariffs on all countries except China.<\/p>\n

Is Bitcoin Now A \u2018Mature Asset\u2019?<\/b><\/h2>\n

The Bitcoin price has been quite reactive to virtually every piece of news in the global trade, demonstrating the highly volatile state of the cryptocurrency market. However, an on-chain analytics expert has explained that the volatility of the current Bitcoin market pales in comparison to past episodes.<\/p>\n

In a new post on the social media platform X, CryptoQuant\u2019s head of research, Julio Moreno, revealed<\/a> that the Bitcoin price volatility in the ongoing global trade drama has been \u201cso far lower\u201d than that from other past events, such as the COVID-19 crash, Terra-Luna collapse, FTX downfall, and the Silicon Valley Bank (SVB) bank run.<\/p>\n

The relevant indicator here is the Price Intraweek Range metric, which estimates the percentage change in the average weekly price of Bitcoin. According to data from CryptoQuant<\/a>, the Bitcoin Price Intraweek Range climbed to an all-time high of 72% during the COVID-19 market downturn in April 2020.<\/p>\n

\"Bitcoin<\/p>\n

The chart above shows that the BTC Intraweek Range metric surged to 49% after the crash of the Terra Luna ecosystem in May 2022. Meanwhile, the indicator reached 31% following the collapse of the Sam-Bankman-Fried-led FTX exchange in late 2022 and the SVB bank run in early 2023.<\/p>\n

With the escalating trade tensions<\/a> between the United States and China, the Bitcoin Price Intraweek Range metric stands between 8% \u2013 21%. This reduced volatility suggests that the premier cryptocurrency has matured as an asset, with deeper liquidity and a better market structure.<\/p>\n

The relatively stable price action can be connected to the growing base of long-term holders and steady corporate adoption, as institutional players are beginning to view the world\u2019s largest cryptocurrency less as a high-risk asset and more as a hedge against macroeconomic uncertainties.<\/p>\n

Bitcoin Price At A Glance<\/b><\/h2>\n

As of this writing, the price of BTC stands at around $83,700, reflecting a 5% increase in the past 24 hours.<\/p>\n

\"Bitcoin<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Over the past few weeks, the cryptocurrency market has been overwhelmed by a high degree of uncertainty and volatility triggered by the constantly shifting global macroeconomics. This unsettled market condition saw the Bitcoin price dance between $74,000 and $83,000 in the space of a few days. The price of BTC sank toward $74,000 at the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":11,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-21836","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21836"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/21836\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}