 | 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.
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