Bitcoin's volatility has increasingly aligned with major tech stocks, reflecting a maturing market. Since the crypto winter of 2022, which saw the market cap plummet from $1.2 trillion to $319 billion, Bitcoin has rebounded significantly. By 2024, the market capitalization neared $2 trillion, bolstered by the introduction of Spot Bitcoin and Ethereum ETFs. Despite recent geopolitical tensions in the Middle East, Bitcoin's volatility remains comparable to that of major tech stocks like Nvidia, which has sometimes exhibited higher volatility due to the AI narrative. The Bitcoin/Gold ratio remains significantly higher than in 2023, indicating Bitcoin's growing status as a global store-of-value asset. Bitcoin has recovered 28% from its lows, including a 12% rise in April, while the S&P 500 saw a 16% recovery. Although Bitcoin's short-term volatility can still be explosive, its long-term volatility is decreasing, suggesting a shift towards stability. However, the 2024 cycle has underperformed compared to previous cycles, with fewer parabolic rallies and less price growth.