2 years ago
Bitcoin (BTC) volatility scale peaked implicit 100% for lone the 3rd clip since the opening of the year, according to CryptoSlate’s investigation of Glassnode data.
The BTC Volatility Index (BVIN)is a metric that reflects the implied volatility scale and represents the just worth of a BTC variance swap. It is often preferred to usage arsenic a colony terms for BTC volatility futures.
Bitcoin Volatility Index since December 2021The illustration supra demonstrates the BVIN scale since the extremity of 2021 and shows that it exceeded 100% connected 3 occasions successful February, July, and November.
BTC volatility has been lingering astatine its each time-lows earlier the FTX collapse. It became truthful stagnant that the British Pound’s volatility exceeded that of BTC.
However, the FTX fallout has deed BTC harder than the Terra-LUNA illness that took spot successful May. BTC fell arsenic overmuch arsenic 75% from its all-time high.
The past clip specified a question was recorded was during the 2014-2015 carnivore market, wherever BTC fell 85% from its all-time high.
The station Bitcoin Volatility Index exceeds 100% for the 3rd clip successful 2022 appeared archetypal connected CryptoSlate.
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