The Bitcoin Volatility Index tracks Bitcoin’s volatility vs other currencies like USD, EUR, GBP and more. Volatility is a measure of how much the price of a financial asset varies over time. Volatility means that an asset is risky to hold—on any given day, bitcoin volatility graph value may go up or down substantially. The more volatile an asset, the more people will want to limit their exposure to it, either by simply not holding it or by hedging.
If Bitcoin volatility decreases, the cost of converting into and out of Bitcoin will decrease as well. The standard deviation of daily returns for the preceding 30- and 60-day windows. How volatile is Bitcoin relative to gold and other currencies? For comparison, the volatility of gold averages around 1. The chart above shows the volatility of gold and several other currencies against the US Dollar.
Series marked with an asterisk are not directly comparable to series not so marked because fiat currency markets are closed on weekends and holidays, and therefore some price changes reflect multiple-day changes. Such multi-day changes in price are excluded from analysis, and therefore, the 30- and 60-day metrics for these series use fewer than 30 and 60 data points. They are presented for entertainment purposes only. What is the pricing source? How Can I Buy Bitcoin?