Op-Ed: Bitcoin’s Journey to Digital Reserve Currency Status
Seven years on, bitcoin still remains the largest digital currency by market capitalization. While bitcoin may have been the most volatile currency, it has since ceded that mantle to up-and-coming altcoins.
The transformation of bitcoin from a volatile experiment, to a “stable” form of electronic money is illustrated in Figure 1. The graph plots the 90-day moving average market capitalization of bitcoin against its 90-day realized volatility.
https://bitcoinmagazine.com/articles/op-ed-bitcoin-s-journey-to-digital-reserve-currency-status-1474544477
