Summary
- As Bitcoin's price remains range-bound, the 30-day implied volatility has fallen to 36.5%.
- It was reported that this is the same level as in October 2023, when Bitcoin was below $30,000.
- It was analyzed that there is currently no strong demand for volatility hedging in the options market.
As the price of Bitcoin (BTC) remains flat, its volatility indicators have also sharply decreased.
According to the BVIV index from Volmex, cited by CoinDesk on the 7th (local time), Bitcoin's 30-day implied volatility dropped to 36.5%. This is the same level as October 2023 when Bitcoin was trading below $30,000.
Implied volatility is calculated based on demand from the options market, and if demand for volatility hedging or speculation decreases, so does the index. The outlet analyzed, “Currently, there is no active demand for hedging being detected in the options market despite concerns over stagflation originating from the United States.”
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.![[Today’s Key Economic & Crypto Calendar] Atlanta Fed GDPNow, More](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)
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