Volatility of Fiat Currency Versus Bitcoin

Mike Co
Mike Co
Apr 28 · 3 min read
Bitcoin & Fiat Currency Volatility (plot.ly using Bank of England Spot FX Data + Bitstamp BTCUSD Price)

Volatility: liability to change rapidly and unpredictably, especially for the worse.

G10 Currency Volatility
BTCUSD (green) vs. Russian Ruble (purple), Brazilian Real (blue), Turkish Lira (yellow). Canadian Dollar (red) for stability reference.

Either Bitcoin’s volatility would need to be suppressed, such as via institutional market makers entering the space.

Or a black swan event would have to occur; a major Volatility Event would have to spike the major world currencies.

USDEUR: Coiled spring, or new paradigm of stability?

Mike Co

Written by

Mike Co

Decentral Intelligence Agent