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Price Volatility: Who Determines the Value of Bitcoin and Other Cryptocurrencies?Cryptocurrencies are in general highly volatile, and are subject to sudden, massive price swings. Therefore, the analysis of Bitcoin volatility and the factors. Price swings of Bitcoin increased substantially in November , recording a day volatility of more than percent. Realised volatility is a measure of how much a cryptocurrency's price has actually fluctuated over a given period of time. It is calculated by.