Across the six groups, annualized volatility ranged from 49% to 85%, above Bitcoin’s roughly 43%; Bitcoin’s share of return variation ranged from 30% to 46%.
Currencies had the lowest annualized volatility at 49%, followed by smart contract platforms at 58%, financials at 59%, utilities and services at 67%, consumer and culture at 76%, and artificial intelligence at 85%.
Bitcoin accounted for 30% of return variation in financials and utilities and services. Its share was 35% in artificial intelligence, 38% in smart contract platforms, 43% in currencies and 46% in consumer and culture.
In each group, most return variation fell outside Bitcoin’s share. The reported shares alone do not establish how risky each sector is.
