Price volatility refers to the degree of variation in the price of a financial asset, security, or market index over a specific period of time. It is a statistical measure that captures how much the price of an asset fluctuates, reflecting the extent of price changes and the uncertainty or risk associated with those price movements. High price volatility indicates significant price swings, while low price volatility suggests relatively stable prices. Traders, investors, and analysts often use price volatility to assess the risk of an asset, make trading decisions, and develop investment strategies. It can be influenced by various factors, including market conditions, economic data, investor sentiment, and geopolitical events.
Cryptocurrency Market Update Recently, XRP has experienced an impressive boost, enhancing its market capitalization to approximately $147.225 billion, which accounts for 4.42% of the entire cryptocurrency market. Notably, XRP's market…