Bitcoin (BTC) price volatility has registered a lower level than that of the S&P 500 Index, one of the most traditional indicators of the stock market, which group 500 big companies in the US, according to Bloomberg analyst Eric Balknas.
In Publication X on April 11, Balchunas explained this situation Like “madness” This occurs in the context of global uncertainty unlocked by the tariff war promoted by Donald Trump’s management.
According to TradingView, Bitcoin prices ranged from $75,000 to $80,000, ranging from $75,000 to $80,000, and were above $85,000 at the time of this article.
The S&P 500 surpasses volatility Bitcoin
The following graph shared by Eric Balchunas illustrates this rare phenomenon: Volatility of the S&P 500 (white line) measured over 10 days reached 76.8% Over 72.9% registered by Bitcoin (Orange Line) In the same period.
According to Baltuna itself, this data is particularly pronounced when assuming the normal volatility level of the S&P 500 volatility, usually by range. 10% to 15%. This index Historically, it has been considered a “shelter” of stability within assets that is considered more volatile.
The peak reached by the S&P 500 in April 2025 reflects the traditional markets that Trump introduced and its commercial rate policy shaken up.
For that part, Bitcoin has maintained its level despite its high volatility. Relatively large content During this period. Balchunas Graph says that the S&P 500 volatility began shooting in mid-February, but Bitcoin is also high, but remains stable in comparison.
This action suggests that in an era of global macroeconomic crisis, Bitcoin may be beginning to consolidate as. Unpredictable assets It challenges traditional perceptions of the risks of historical considerations.
Bitcoin volatility is less than other crises
While traditional markets face turbulence, the analysis of Cryptoquant analyst Julio Moreno offers a historical perspective on BTC price volatility.
According to the graph presented by Moreno, Bitcoin’s in-money price range is measured as a percentage of the weekly average price. This is significantly lower, even for ads in US commercial rates and Chinese retaliation. It’s in other important financial episodes of the past.
This metric shows that “wild” is a price vibration for Bitcoin within a week, expressed as a percentage of the average price. This allows you to understand the magnitude of volatility over a particular period of time.
Moreno notes that during the 2020 Covid-19 crisis, Bitcoin experienced a price rank within Man, reaching 72%, marking one of the most intense moments of currency created by Nakamoto.
According to Moreno, another notable episode was the collapse of Teralna and FTX in 2022. Similarly, during Silicon Valley Bank (SVB) banking operations in 2023, Bitcoin volatility reached the 31% range.
In contrast, the impact of the rate war between the US and China in April 2025 Generated ranges within man between 8% and 21%quite low level.
This analysis suggests that despite global commercial tensions, Bitcoin shows relative stability compared to past events that have deeply affected prices.
In conclusion, the analysis of Eric Baltunas and Giulio Moreno reveals a financial panorama in which Bitcoin, historically recognized as a highly volatile asset, shows relative stability. This contrast suggests that in the context of global uncertainty, Bitcoin can integrate its role with an asset of value evacuation.
(tagstotranslate)Bitcoin (BTC)
