Bitcoin Volatility Hits Milestone Rivaling Nvidia Stock

Bitcoin swings now match tech giant Nvidia

Bitcoin's price fluctuations have calmed significantly, with the cryptocurrency now showing similar price swings to Nvidia, the world's largest company by market value. This shift suggests that Bitcoin is becoming more stable compared to its own history, even as it remains much more volatile than traditional currencies and gold.

While Bitcoin is settling into the range of a large technology stock, it still has a long way to go before it matches the stability of major global markets. Professional investors track these movements using a metric called realized volatility, which measures how much an asset’s price moves over a specific period, such as 90 days.

Comparison of asset price movements

• Bitcoin's 90-day realized volatility stands at approximately 38%.
• Nvidia currently shows a similar volatility level of about 37%.
• Gold, Bitcoin's traditional rival, is less turbulent at 23.5%.
• The S&P 500, a major index of U.S. stocks, has a volatility of about 11%.
• The euro-dollar exchange rate remains the steadiest at 4.6%.

How Bitcoin compares to traditional markets

According to recent data, Bitcoin is currently about three times more jumpy than the general stock market and eight times more volatile than the euro-dollar pair. The euro-dollar is the most liquid fiat currency pair, which refers to national currencies like the U.S. dollar that are not backed by a physical commodity like gold.

Most traditional currency pairs maintain volatility levels below 10%. Despite recent uncertainty regarding French government debt, the euro has remained significantly more stable than Bitcoin. This highlight's the gap Bitcoin must close before it can rival traditional mediums of exchange used by nations.

A long-term trend toward stability

The cryptocurrency has shown a clear improvement in stability over the last few years. Since January 2020, Bitcoin’s 90-day volatility has averaged about 58%. It reached a high point of 134% in June 2020, showing much more extreme price swings than it does today.

Bitcoin recorded its calmest period in September 2025, when its volatility dropped to 27.5%. As risk management for Bitcoin becomes more common, the asset's price swings are steadily reducing. This trend is making the cryptocurrency more acceptable to professional investors who look for predictable risk levels when building portfolios.

Why asset stability matters for investors

Understanding these price swings is essential for determining if an asset can help diversify a portfolio or if it adds too much risk. High volatility numbers indicate bigger price swings and a stronger perception of risk. By moving more like a big tech stock, Bitcoin is changing how it is viewed compared to traditional assets like gold and the broader stock market.

Sources

• CoinDesk