--- title: "Bitcoin’s Volatility Falls To Multiyear Low" type: "News" locale: "en" url: "https://longbridge.com/en/news/296365890.md" description: "Bitcoin's volatility has hit a multiyear low as it trades rangebound between $61,500 and $66,900 for six weeks. Muted trading coincides with surging global bond yields, which pressured stocks like the Nasdaq 100. Open interest dropped to $21.8 billion, indicating unwinding positions. Analysts cite a lack of near-term catalysts, such as stalled U.S. crypto legislation, and resistance at $65,000, preventing BTC from breaking out despite stabilizing after its recent decline." datetime: "2026-08-19T13:46:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/296365890.md) - [en](https://longbridge.com/en/news/296365890.md) - [zh-HK](https://longbridge.com/zh-HK/news/296365890.md) generator: "portal-rs" --- # Bitcoin’s Volatility Falls To Multiyear Low Bitcoin’s (BTC) volatility has fallen to a multiyear low as the largest cryptocurrency remains rangebound. Bitcoin has now been stuck trading between $61,500 U.S. and $66,900 U.S. for six weeks, or since July 8 of this year. Trading in BTC remains muted as global bond yields surge, pressuring stocks. The U.S. 30-year Treasury hit 5.333% this week, its highest level in nearly 20 years, and Japan’s 10-year yield climbed to a 30-year high. The slide in bond prices, which move in the opposite direction to yields, pushed the Nasdaq 100 stock index down 1.3% on Aug. 18. The situation has left Bitcoin and other cryptocurrencies languishing and stuck in a tight trading range. Open interest in Bitcoin has drifted lower to $21.8 billion U.S., down from a peak of $23 billion U.S. seen on Aug. 11. The decline in open interest suggests that investor positioning in Bitcoin is being unwound rather than built. Another issue for Bitcoin, say analysts, is a lack of near-term catalysts for the cryptocurrency, especially after the U.S. Clarity Act crypto legislation failed to advance in Congress. Bitcoin’s price fell from an all-time high of $126,000 U.S. last October to a bottom of $58,000 U.S. at the end of June this year. Since then, BTC has stabilized but has been unable to break above resistance at $65,000 U.S., say analysts. ### Related Stocks - [GBTC.US](https://longbridge.com/en/quote/GBTC.US.md) - [ARKB.US](https://longbridge.com/en/quote/ARKB.US.md) - [BITB.US](https://longbridge.com/en/quote/BITB.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [FBTC.US](https://longbridge.com/en/quote/FBTC.US.md) - [IBIT.US](https://longbridge.com/en/quote/IBIT.US.md) - [BITO.US](https://longbridge.com/en/quote/BITO.US.md) - [BRRR.US](https://longbridge.com/en/quote/BRRR.US.md) - [BTCO.US](https://longbridge.com/en/quote/BTCO.US.md) - [BTCW.US](https://longbridge.com/en/quote/BTCW.US.md) - [HODL.US](https://longbridge.com/en/quote/HODL.US.md) - [EZBC.US](https://longbridge.com/en/quote/EZBC.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QYLD.US](https://longbridge.com/en/quote/QYLD.US.md) - [JEPQ.US](https://longbridge.com/en/quote/JEPQ.US.md) - [QQQI.US](https://longbridge.com/en/quote/QQQI.US.md) - [03008.HK](https://longbridge.com/en/quote/03008.HK.md) - [03042.HK](https://longbridge.com/en/quote/03042.HK.md) - [03430.HK](https://longbridge.com/en/quote/03430.HK.md) - [BTCE.DE](https://longbridge.com/en/quote/BTCE.DE.md) - [QQA.US](https://longbridge.com/en/quote/QQA.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [QQQX.US](https://longbridge.com/en/quote/QQQX.US.md) - [QQQY.US](https://longbridge.com/en/quote/QQQY.US.md) - [QYLE.US](https://longbridge.com/en/quote/QYLE.US.md) - [513100.CN](https://longbridge.com/en/quote/513100.CN.md) - [513110.CN](https://longbridge.com/en/quote/513110.CN.md) - [513300.CN](https://longbridge.com/en/quote/513300.CN.md) - [513390.CN](https://longbridge.com/en/quote/513390.CN.md) - [513870.CN](https://longbridge.com/en/quote/513870.CN.md) - [159501.CN](https://longbridge.com/en/quote/159501.CN.md) - [159513.CN](https://longbridge.com/en/quote/159513.CN.md) - [159632.CN](https://longbridge.com/en/quote/159632.CN.md) - [159659.CN](https://longbridge.com/en/quote/159659.CN.md) - [159660.CN](https://longbridge.com/en/quote/159660.CN.md) - [159696.CN](https://longbridge.com/en/quote/159696.CN.md) - [159941.CN](https://longbridge.com/en/quote/159941.CN.md) - [161130.CN](https://longbridge.com/en/quote/161130.CN.md) - [BITI.US](https://longbridge.com/en/quote/BITI.US.md) - [YBIT.US](https://longbridge.com/en/quote/YBIT.US.md) - [SBIT.US](https://longbridge.com/en/quote/SBIT.US.md) - [BTFX.US](https://longbridge.com/en/quote/BTFX.US.md) - [BTCZ.US](https://longbridge.com/en/quote/BTCZ.US.md) - [BTCL.US](https://longbridge.com/en/quote/BTCL.US.md) - [BITX.US](https://longbridge.com/en/quote/BITX.US.md) - [BITU.US](https://longbridge.com/en/quote/BITU.US.md) ## Related News & Research - [Attackers Leave On-chain Message After $320 Million Exits Liquid Network](https://longbridge.com/en/news/298140784.md) - [Polygon CEO Triggers Crypto Community With Vacation Take and Schools Critics](https://longbridge.com/en/news/298116277.md) - [Bitcoin-based Liquid Network says $320 million withdrawn in hack](https://longbridge.com/en/news/298163499.md) - [Binance Founder CZ Says His X Follower Count Has Been a 'Consistent Early Indicator’ of Crypto Cycles](https://longbridge.com/en/news/297631208.md) - [White hat hacker drains ~4,200 BTC from Liquid Network, worth $320M](https://longbridge.com/en/news/298139953.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**