The Varying Volatility of Cryptocurrencies

Crypto is a notoriously unstable currency market and one which even catches the experts off guard on a regular basis. Looking back over historical data though, Statista analysts have calculated the varying levels of stability in the coins with the largest market caps. As revealed in the Digital Economy Compass 2022, despite its own rollercoaster ride, the largest currency was also the most stable of those analyzed in 2021.

Bitcoin's annualized volatility rate was 81 percent, while investors could expect on average a 4 percent change on a daily basis. As this infographic shows, these results are half of those of Solana which was revealed to be the most volatile of the currencies looked at in the report. Ethereum came the closest to Bitcoin's performance, with 107 percent annualized and 6 percent average daily volatility rates.