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Bitcoin volatility drops to gold-like levels amid BlackRock outflows, signaling crypto's growing stability.

Market News
29 May 2026
UToday
View Source
Bullish
pluang ai news

BlackRock recently moved $180 million worth of Bitcoin to Coinbase, continuing a nine-day outflow trend from U.S. crypto funds driven by the Fed's restrictive policies and rising Treasury yields. Despite these outflows, Bitcoin's volatility has fallen to levels comparable with gold, narrowing the gap between their price fluctuations to a record low. This reduced volatility is seen by ETF analysts as a key factor making Bitcoin more attractive for institutional investors seeking stable, gold-like portfolio diversification rather than high tech-sector returns. Overall, Bitcoin is showing resilience and outperforming traditional stocks amid geopolitical tensions, suggesting a maturing market that could enhance its long-term viability as a digital asset.

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