Bitcoin was surprisingly stable this week. Coin’s recent fluctuations have become quiet, according to André Dragosch, the head of research at Bitwise Europe.
Investors saw shaking and rattles, even after 7% soaking over the weekend. Its calmness suggests that traders are no longer scared of every headline.
Bitcoin volatility is below stocks
Based on reports from Bitwise Europe, Bitcoin’s 60-day realized volatility was approximately 27-28% as of June 23rd. That figure is about 30% behind the S&P 500, falling behind by 35% close to the Nasdaq 100.
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I don’t know who needs to hear this now #bitcoin Despite record geopolitical uncertainty, it continues to show a lower realised VOL than the major US equity indexes. pic.twitter.com/nntw08hera
– André Dragosch, Phd⚡ (@andre_dragosch) June 23, 2025
It’s calming amidst geopolitical tensions
The recent low volatility is particularly clear against rising Middle Eastern conflicts. News of the US bombing in Iran fell under $100,000, falling 6% to 30%. In past crises, the 60-day realised volatility of Vitocoin jumped to around 60-65%, as at the beginning of the Russian Ukraine War in February 2022. At the time, traders were selling in panic. Now it appears that most buyers and sellers hold their positions.
Long term holders expand grip
Based on reports from GlassNode analysts, long-term holders have accumulated a record 30-day average of 1,453 million BTC as of June 23. That’s about 70% of Crypto Asset’s 21 million supply.
Over 30% of the coins in the circulation remain in just 216 large entities considering ETFs, exchanges, custodians and the Ministry of Corporate Treasury. If so many coins are sitting idle, they will be less fueled by desperate trade.
Institutional bets support price outlook
Market veterans like Bitmex co-founders Arthur Hayes and OSL’s Eugene Cheung see this calm as a higher priced hub. They predict that Bitcoin will clear $100,000, and Central Banks will print cash and will stay there as large investors piled up.
https://www.youtube.com/watch?v=r2n9_i3hwpw
Some analysts are even eye-catching levels above $150,000 by the end of 2025. Such forecasts are based on stable demand and reduced supply to the exchange.
What’s next for Bitcoin
The lower swing suggests that Bitcoin is mature, and more people are treating it like a regular asset. A quiet market can attract more cautious investors. But it will not remain this tame forever.
Big owners can cause big moves if they sell big chunks. For now, a stable path for Bitcoin could mark a turning point. This combines old-school market behavior with new powers that shape the code.
Atta Kenare/AFP/Getty Images featured images, TradingView chart
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