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Fortune
Fortune
Marco Quiroz-Gutierrez

Are investors bored of Bitcoin? Its 90-day volatility is now the lowest since 2016

(Credit: Illustration by Fortune)

Crypto is known for volatile swings—turning a thousand-dollar investment into $10,000 in day, if not hours—and for many investors that was the appeal.

But since June—some could argue since March—top dog Bitcoin has been kind of a bore. The cryptocurrency, which makes up just under half of the overall market, has been stalled around the $30,000 mark for months. (On Thursday, at time of publication, the coin had dropped about 2.5% over 24 hours, settling near $28,400.)

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