Electronic Currency and Its Impact On Market Fluctuations For The Purpose Of Reducing Product Costs: Analytical Study

To prevent counterfeiting, control supply, and ensure the legitimacy of asset transfers, e-currency makes use of cryptography. The primary focus is on the profitability and volatility of Bitcoin trading. The volatility of an investment can be estimated by calculating its standard deviation in terms of logarithmic returns. The researchers in this study employed the specific test to check for data normality. The results of a plot, a statistical process control chart, and other analyses all pointed to significant fluctuations. More and more people place a premium on uncertainty. Investors are wary of Bitcoin at the moment due to its extreme price swings. This research was conducted to provide a framework for achieving optimal returns with minimal exposure to loss on the part of investors.