Despite increasing publicity in recent years, Bitcoin has yet to gain mass adoption by large traditional financial institutions. However, interest is growing rapidly with Bitcoin being more widely held and liquidity increasing.
Bitcoin remains notoriously volatile compared to traditional asset classes. During its short history, Bitcoin has undergone many significant changes with respect to liquidity, supply schedule, market structure, and regulation. Some changes are abrupt and others occur gradually over time. While the underlying trends have had an overall positive effect on the Bitcoin ecosystem, unexpected events in a non-mature market can have an amplifying effect on volatility.