GITNUX MARKETDATA REPORT 2024

Crypto Volatility Statistics

Cryptocurrency exhibits high volatility, characterized by frequent and significant price fluctuations.

In this post, we examine the volatility trends of various cryptocurrencies based on recent statistics. Bitcoin, Ethereum, Litecoin, Ripple XRP, and Dogecoin are among the digital assets analyzed, showcasing fluctuations in their daily volatility rates over specific periods. Join us as we explore the dynamic nature of these popular cryptocurrencies and their impact on the ever-evolving digital currency market.

Statistic 1

"Over the past 90 days, Bitcoin, the most popular cryptocurrency, exhibited a volatility rate of 3.86%."

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Statistic 2

"In the 30 days ending July 10, 2021, Ethereum had a volatility of 4.53%."

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Statistic 3

"Litecoin, another major cryptocurrency, had a 30-day volatility rate of 4.24% as of July 10, 2021."

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Statistic 4

"Bitcoin's average daily volatility in 2020 stood at 2.51%."

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Statistic 5

"The daily volatility of Ethereum in 2020 was 4.46%."

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Statistic 6

"Ripple XRP had a volatility of 13.8% in 2020."

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Statistic 7

"The 7-day volatility of DOGE (Dogecoin) was around 4.73% in July 2021."

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Statistic 8

"The highest ever recorded 30-day volatility for Bitcoin was 15.64% in November 2011."

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Statistic 9

"As of March 2021, the Bitcoin Volatility Index was at 5.65%."

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Statistic 10

"Historical volatility of Ethereum peaked at over 11% in late 2017."

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Statistic 11

"The daily volatility of Bitcoin dropped to 1.52% in October 2021."

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Statistic 12

"In April 2021, Ethereum's 30-day volatility reached 85%, its highest since March 2020."

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Statistic 13

"Dogecoin’s 30-day price volatility dropped to roughly 125% in May 2021, its lowest since late 2020."

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The statistics reveal notable fluctuations in the volatility rates of various cryptocurrencies over different time periods. Bitcoin, Ethereum, Litecoin, and Dogecoin exhibited varying levels of volatility, with some peaking at high percentages in certain years. The data underscores the dynamic nature of the cryptocurrency market, where price movements can be rapid and substantial. Keeping abreast of volatility trends is crucial for investors and traders to make informed decisions in this ever-changing landscape.

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