
Schwab's Ferraioli: Bitcoin volatility near 40 as speculative capital shifts to DeFi
- —Bitcoin volatility sits near 40, down from prior cycles
- —Speculative capital is moving into DeFi, perps and prediction markets
- —Fewer extreme rallies and drawdowns as BTC matures
- —Traders advised to watch Bitcoin's key support levels
Why it matters: Falling BTC volatility pushes risk into DeFi and derivatives, where sharper moves may emerge as capital rotates.
Source: Coinfomania