– The Bitcoin Implied Volatility Index has reached its lowest levels since its launch in early 2021.
– The index measures the market’s expectations of future price fluctuations in Bitcoin.
– The decrease in implied volatility suggests that market participants anticipate a period of stability in Bitcoin’s price.
The Bitcoin Implied Volatility Index has recently hit its lowest levels since its introduction earlier this year. This index is used to gauge the market’s expectations regarding future price movements in Bitcoin. The decline in implied volatility indicates that traders and investors are anticipating a period of stability in the cryptocurrency’s price.