Bitcoin may be hitting new highs, but the leading cryptocurrency’s ascent could be much slower than previous cycles. 

That’s because volatility in the biggest and oldest digital coin is dampening, experts told Decrypt. And as the asset matures and sophisticated traders make more intelligent bets with Bitcoin, it’s unlikely to boom as quickly as before. 

“Think of it like someone who’s working out—a massive spike higher is like someone crash dieting to hit their weight goal, and then they just lose it three weeks later,” Greg Magadini, Amberdata’s director of derivatives, said. 

He added: “But a slow and steady grind higher is sustainable, unlike a massi

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Author: Mathew Di Salvo

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