Bitcoin's volatility has plunged, but extreme price swings are more frequent than in 2018

60-second summary
Bitcoin’s volatility drops yet 2026 sees ten unusually large trading days, outpacing 2018’s extreme swings, according to CoinDesk analysis; the surge in outsized moves forces investors to reassess risk metrics as institutional participation deepens, prompting tighter hedging strategies and heightened scrutiny of price‑risk models, which could reshape capital allocation across the crypto market.
CoinDesk analysis finds 10 unusually large trading days in 2026, raising questions about how investors measure risk in an increasingly institutional crypto market.