June was the most successful, but also the most volatile month for Bitcoin (BTC). Despite the heightened interest as the prices showed robust net gains, there are fears that volatility may be bad for BTC, in terms of becoming a mainstream investment product.
Jeff Dorman, investment chief for Arca, commented on the excessive volatility of BTC, where most of the gains and dramatic peaks happened in only 75 days of Bitcoin’s history.
“It’s almost a slam dunk now that an E...