In a surprising turn for the crypto market, Bitcoin (BTC) has recorded its third-lowest volatility for the first half of a year since 2012. Despite global economic uncertainties, the leading cryptocurrency is showing a newfound stability, trading above $108,000 as of Tuesday, July 9, 2025. This calm period coincides with a growing trend among public companies to hold Bitcoin as a treasury asset, signaling confidence in its long-term value.
A Quiet Period for Bitcoin Amid Economic Noise
According to a recent report by K33 Research, Bitcoin’s price swings in the first half of 2025 have been among the tamest in over a decade. Even day-to-day fluctuations have remained subdued since late May, with options market data pointing to low expectations of sharp moves in the near future. Vetle Lunde, Head of Research at K33, noted that the market seems to lack a clear direction, with investors adopting a wait-and-see approach.
What’s striking is Bitcoin’s resilience. While the broader financial markets, like the S&P 500, have faced significant ups and downs this year, BTC has decoupled from traditional assets, holding steady despite macro challenges. This stability could be a sign that Bitcoin is maturing as an asset class, appealing to both retail and institutional players looking for a hedge against uncertainty.
Trading Activity Slows, But Interest Remains
Despite the price holding firm at around $108,600 with a modest 0.7% gain in the last 24 hours, Bitcoin’s trading volumes have taken a hit. Last week, average daily trading dropped to $2.1 billion, a 4% decline from the prior week, reflecting quieter market activity. Even in the derivatives space, funding rates—a measure of investor sentiment—suggest caution, even as BTC hovers near its all-time highs.
This slowdown hasn’t deterred everyone. The crypto community remains optimistic, with many seeing this as a consolidation phase before the next big move. For beginners, think of it as Bitcoin catching its breath after a long run, preparing for what’s next.
Companies Double Down on Bitcoin Treasuries
While trading cools off, a growing number of companies are making bold moves to integrate Bitcoin into their financial strategies. A standout example is Sequans Communications, a Paris-based semiconductor firm listed on the NYSE. The company recently raised $384 million through debt and equity to establish a Bitcoin treasury reserve, partnering with Swan Bitcoin to manage the initiative.
Sequans’ CEO, Georges Karam, emphasized the potential of Bitcoin to strengthen the company’s financial position and deliver value to shareholders. The firm plans to keep acquiring BTC using surplus cash from its operations, joining a wave of businesses betting on crypto as a store of value. According to BitcoinTreasuries data, publicly traded companies now hold a combined 852,309 BTC, with Strategy (formerly MicroStrategy) leading the pack by owning 70% of that total.
This trend of “Bitcoin treasuries” reflects a shift in corporate thinking. Instead of just holding cash or traditional assets, firms are diversifying into BTC, viewing it as a way to protect against inflation and boost returns over time. For those new to crypto, it’s like a company putting part of its savings into a high-growth, albeit riskier, investment.
What Does This Mean for Bitcoin’s Future?
Bitcoin’s low volatility and the rise of corporate adoption paint a picture of a cryptocurrency that’s gaining mainstream traction. For investors, this could be a double-edged sword: less dramatic price swings mean lower risk, but also potentially smaller short-term gains. However, the growing interest from big players like Sequans suggests that Bitcoin’s role as a financial asset is only getting stronger.
As the crypto market evolves, staying informed is key. Whether you’re a seasoned trader or just dipping your toes into Bitcoin, this period of calm could be the perfect time to learn more about how BTC fits into the broader financial landscape. Keep an eye on how corporate adoption unfolds—it might just be the catalyst for Bitcoin’s next chapter.
