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cover of episode How to Trade an Unusually Boring Bitcoin

How to Trade an Unusually Boring Bitcoin

2022/11/2
logo of podcast Bloomberg Crypto

Bloomberg Crypto

Shownotes Transcript

Crypto is notorious for its volatility. All its wild swings in prices have become a trademark of the market. And it’s also something that has for years now shaped the trading behaviors of investors looking to make a quick profit. But what happens when the market’s largest digital asset), Bitcoin, starts losing its volatility?

For the last four months, the coin has traded in a tight range around $20,000), unable to break out in any real way. How have crypto investors– who are used to trading on the ups and downs of the coin– responded? How have their investing strategies shifted?

For more on how traders are dealing with Bitcoin’s stasis, guest host and Bloomberg reporter Vildana Hajric) is joined by Bloomberg reporter Katie Greifeld).

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