Schwab Crypto Research Head: Speculative Funds Shift Due to Lower Bitcoin Volatility Schwab's Head of Cryptocurrency Research, Jim Ferraioli (@jimferraioli), stated in an interview with Coinage on October 6 that Bitcoin's volatility has been steadily decreasing as the market matures. The volatility in this cycle is around 40, lower than in previous cycles. At the same time, more high-risk speculative activities are shifting away from Bitcoin to other areas, including DeFi, perpetual contracts, prediction markets, and more. Ferraioli believes that as Bitcoin's market size continues to grow and extreme surges and deep pullbacks become less frequent, the demand for high-risk speculation in the market is increasingly moving toward other crypto assets and products. Source: Coinage