Bitcoin's recent drop shows acute volatility remains a hallmark

Some analysts say a sharp pullback is normal after prices skyrocketed 40% in October

Bitcoin has lost almost 20% in less than two weeks, proving that extreme volatility remains a hallmark of crypto investing. 

Yet in the world of Bitcoin, it’s largely business as usual with bullish conviction intact -- in contrast to traditional markets where moves on this scale are met with alarm. The largest cryptocurrency edged higher after earlier slipping as much as 3.4% to $55,663 on Friday. 

“This correction seems more like a natural breather in a bull run, as well as a healthy flushing out of leverage,” said Noelle Acheson, head of market insights at Genesis Global Trading. “Meanwhile, mainstream awareness continues