The bank pointed out that 30-day volatility fell to just 23% in August, a historic low, even as the token hit fresh all-time highs on August 15. “This combination suggests we may be witnessing the start of a gradual decoupling between Bitcoin’s spot prices and volatility,” analysts wrote, adding that growing portfolio integration could mark a step beyond speculative trading cycles.
“Human nature leads to a desire to break away from traditional assets,” the bank noted, suggesting that U.S.-led adoption may accelerate the process of cryptocurrencies transitioning from speculative plays into “a legitimised, key component of global finance.”
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