Kraken intelligence releases their monthly report on Bitcoin’s volatility and other factors affecting the Bitcoin market.
Kraken intelligence, the research arm of the Kraken cryptocurrency exchange and trading platform, released their July 2020 report on Bitcoin. The main factors that Kraken research identified are the 10 day Bitcoin rally that led to a 14.5% market increase, annualized volatility of 45%, Bitcoin’s correlation to gold reaching a 1 year high, and the allowance of crypto custody services by United States nationally chartered banks. These factors, as well as Bitcoin’s market dominance falling to a 1 year low (an indicator that more money is being introduced into other cryptocurrency projects), coincide with a 24% increase in price in the month of July.
Kraken Intelligence thinks that many of these signs point to increased volatility and higher prices in the near future. Bitcoin has maintained itself above $11,000, and now that it is staying strong with this range, a range that the Bitcoin price has only been for 2.5% of its history, Bitcoin may “unlock” new and higher levels of resistance. According to Kraken, August is one of the most volatile months for Bitcoin historically, so if the patterns they are predicting hold, we may continue to expect volatility in the future.
Recently Similar News
Latest News
USDC Secures Landmark Approval in Japan, Paving Way for Wider Stablecoin Adoption
Kraken intelligence releases their monthly report on Bitcoin’s volatility and other factors affecting the Bitcoin market. Kraken intelligence, the research arm of the Kraken cryptocurrency exchange and trading platform, released their July 2020 report on Bitcoin. The main factors that Kraken research identified are the 10 day Bitcoin rally that led to a 14.5% market […]
2 September, 2025Japan’s First Yen-Pegged Stablecoin: A New Era for Digital Finance
Kraken intelligence releases their monthly report on Bitcoin’s volatility and other factors affecting the Bitcoin market. Kraken intelligence, the research arm of the Kraken cryptocurrency exchange and trading platform, released their July 2020 report on Bitcoin. The main factors that Kraken research identified are the 10 day Bitcoin rally that led to a 14.5% market […]
2 September, 2025The July Update on Crypto in Japan: What Investors Need to Know
Kraken intelligence releases their monthly report on Bitcoin’s volatility and other factors affecting the Bitcoin market. Kraken intelligence, the research arm of the Kraken cryptocurrency exchange and trading platform, released their July 2020 report on Bitcoin. The main factors that Kraken research identified are the 10 day Bitcoin rally that led to a 14.5% market […]
14 July, 2025June 2025 Crypto Updates: Navigating the Market’s Next Moves
Kraken intelligence releases their monthly report on Bitcoin’s volatility and other factors affecting the Bitcoin market. Kraken intelligence, the research arm of the Kraken cryptocurrency exchange and trading platform, released their July 2020 report on Bitcoin. The main factors that Kraken research identified are the 10 day Bitcoin rally that led to a 14.5% market […]
4 June, 2025Regulatory Overhaul: Crypto Assets as Financial Products
Kraken intelligence releases their monthly report on Bitcoin’s volatility and other factors affecting the Bitcoin market. Kraken intelligence, the research arm of the Kraken cryptocurrency exchange and trading platform, released their July 2020 report on Bitcoin. The main factors that Kraken research identified are the 10 day Bitcoin rally that led to a 14.5% market […]
25 May, 2025Discover the Top AI Tokens to Watch in 2025 for Future Growth
Kraken intelligence releases their monthly report on Bitcoin’s volatility and other factors affecting the Bitcoin market. Kraken intelligence, the research arm of the Kraken cryptocurrency exchange and trading platform, released their July 2020 report on Bitcoin. The main factors that Kraken research identified are the 10 day Bitcoin rally that led to a 14.5% market […]
19 May, 2025World Liberty Financial’s Crypto Ventures Hit Hard by Market Turmoil
Kraken intelligence releases their monthly report on Bitcoin’s volatility and other factors affecting the Bitcoin market. Kraken intelligence, the research arm of the Kraken cryptocurrency exchange and trading platform, released their July 2020 report on Bitcoin. The main factors that Kraken research identified are the 10 day Bitcoin rally that led to a 14.5% market […]
29 April, 2025Trump’s Crypto Summit: A New Era for Cryptocurrency Regulations
Kraken intelligence releases their monthly report on Bitcoin’s volatility and other factors affecting the Bitcoin market. Kraken intelligence, the research arm of the Kraken cryptocurrency exchange and trading platform, released their July 2020 report on Bitcoin. The main factors that Kraken research identified are the 10 day Bitcoin rally that led to a 14.5% market […]
29 April, 2025