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Bitcoin’s Daily Trading Range Falls From $4,700 to $124: Chart

The spread between Bitcoin’s daily high and low price has trended back toward $100.

Bitcoin’s Daily Trading Range Falls From $4,700 to $124: Chart
A bitcoin token stands next to a collection of U.S. one dollar bills in this arranged photograph in London, U.K. (Photographer: Chris Ratcliffe/Bloomberg)
Bitcoin’s Daily Trading Range Falls From $4,700 to $124: Chart

(Bloomberg) -- Volatility might be off the floor in equity markets, but in the crypto world it’s heading down to levels not seen since last fall. The spread between Bitcoin’s daily high and low price has trended back toward $100. That’s a steep drop from December, when prices saw a record swing of about $4,700 in a single day.

To contact the reporters on this story: Matt Turner in Hong Kong at mturner107@bloomberg.net, Brandon Kochkodin in New York at bkochkodin@bloomberg.net.

To contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Dave Liedtka, Eric J. Weiner

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