Bitcoin's wild days are over — and Trace Mayer says that's a good thing

The creator of the Mayer Multiple argues bitcoin’s growing economic substance is compressing volatility and attracting deeper capital. What to know : Bitcoin volatility has dropped from around 120 in 2017 to 35 as institutional participation and options markets add stability to the asset. Mayer believes lower volatility makes bitcoin more investable for corporations, family offices, and institutional investors. Despite long-term concerns around miner security incentives and quantum computing, Mayer remains bullish on bitcoin’s fixed 21 million supply versus gold.