FantasylitElation
Wed Dec 04 2024
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5 answers
1124
What days are Bitcoin most volatile?
Bitcoin is most volatile when there are significant changes in supply and demand, often driven by news events, regulatory actions, or large investors' behavior. For instance, reports of government crackdowns on crypto or decisions by prominent companies to accept or reject Bitcoin as payment can lead to sharp price movements. Additionally, as Bitcoin's supply is limited and approaches its maximum threshold, any actions by big financial players in a dwindling supply environment are likely to cause price fluctuations.
