Bitwise: BTC volatility to fall below Nvidia's next year

Bitcoin's volatility is expected to be lower than that of Nvidia next year, according to a forecast from Bitwise. In a report cited by Cointelegraph, the asset manager stated that it anticipates lower volatility as institutional investors steadily enter the market and the asset matures, particularly around exchange-traded funds (ETFs). Bitwise noted that the entry of institutions such as Citigroup, Morgan Stanley, and Wells Fargo is diversifying Bitcoin's investment structure and reducing risk. The firm also projected that BTC will reach a new all-time high next year and that crypto-themed stocks will outperform tech stocks.