Bitcoin is less volatile than South Korea's stock market right now

Bitcoin's comparative stability during geopolitical turmoil has reinforced its appeal as a hedge. What to know : Bitcoin's 30-day realized volatility has fallen below that of South Korea's Kospi and Pakistan's KSE 100 indexes, challenging its reputation as the most turbulent asset. Recent war-driven energy shocks and a spike in oil prices have made Korean and Pakistani stocks more volatile, while bitcoin has traded in a relatively narrow range between about $65,000 and $75,000. Bitcoin's comparative stability during geopolitical turmoil has reinforced its appeal as a hedge.