Crypto Volatility Hits New Highs While Metropoly Presale Continues to Fly
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The volatility in crypto continues to hit new highs as the market starts to surge despite the overwhelming negative pressure stemming from the latest bouts of regulation from the SEC. Meanwhile, with crypto volatility rising further, investors are beginning to park assets back into presale tokens to hedge against the volatility.
One particular presale that has been flying in recent weeks is Metropoly, a platform designed to make real estate investing as simple as possible by bringing the age-old asset class to the blockchain.
Crypto volatility is a situation where prices rapidly change in a short period of time. Typically, volatility in traditional markets will cause assets to whipsaw up and down without a clear direction. However, in the crypto market, the volatility in 2022 caused one of the most devastating bear markets in its history.
Interestingly, crypto volatility started to cool off in the fourth quarter of 2022, stabilizing crypto prices. However, in 2023, crypto volatility started to rise again, helping Bitcoin start a relief rally as it reclaimed territory above $20,000 again. You see, volatility doesn't mean that prices are just falling. Instead, the volatility increases just as much if crypto prices start to climb rapidly - which is what they have been doing in the short few weeks in 2023.
The recent SEC lawsuit added further to the recent crypto volatility, but the price hike surprised many investors as they believed the negative news would help markets to fall again. In fact, the exact opposite occurred, with BTC climbing back near $25,000 in mid-February.
With volatility increasing, investors are
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