BlockBeats News, November 27th, according to Bloomberg, Bitcoin’s latest round of decline is revealing a fundamental shift: the significant volatility that used to attract retail risk-takers is diminishing, reflecting Wall Street’s increasing influence on the crypto market’s infrastructure.
Despite retreating up to 36% since hitting a historic high in early October, Bitcoin’s implied volatility remains subdued. This change indicates that the institutionalization process is reshaping the risk transmission of the token.
Previously, Bitcoin’s value was primarily driven by speculation—traders hoping to profit from its frequent large price swings.
