Major cryptocurrency took a hit on Monday evening, kicking off Q2 in the red. The price of BTC dropped by over 5%. What Happened: Bitcoin’s volatility has surged compared to ETH in recent times. The annualized 30-day historical volatility for Bitcoin spiked to almost 60% last week, surpassing ether’s 30-day realized volatility by nearly 10 percentage points. This marks the widest difference in volatility spread in at least a year, according to data from Paris-based Kaiko. Historical volatility serves as an indicator of the level of price turbulence observed over a specific period. The upcoming…
