This week, bitcoin awoke from its slumber, springing out of bed. Going in, bitcoin volatility was as compressed as it has been in a decade, with BVOL 7D at 2.82, the sixth-lowest reading in ten years, described at the time as a “historically stretched elastic band.” Fidelity’s Jurrien Timmer, writing days before the move, had […]Opinion & Analysis, weekly newsletterRead More

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