8.13 Is the crypto space entering garbage time? 1. BTC, known for its volatility, now fluctuates less than 2% daily. Not only is it far less volatile than stocks, but it also lags behind major indices and sometimes even gold. Altcoins are practically stagnant. 2. This kind of situation happens mid-cycle in every bear market. For example, $BTC at $6,000 in 2018 and $BTC at $30,000 in 2022—both saw reduced volatility after being halved and entering a consolidation phase. 3. Recently, keep an eye on individual stocks like $MAmericaTXX, $HYPE. Semiconductors might have another bullish daily trend coming up.