CoinDesk·4 min read·medium
Bitcoin volatility is in meltdown, but downside protection still commands a premium
O
Omkar Godbole
✦AI Summary
Bitcoin's implied volatility index, BVIV, has dropped to its lowest level since September as the cryptocurrency remains range-bound between $62,000 and $66,000. Despite this decline in overall volatility expectations, investors continue to pay a premium for downside protection, signaling lingering caution regarding potential price drops.
The bitcoin price has held between $62,000 and $66,000 since early July. Over the weekend, Volmex’s BVIV index, a gauge of bitcoin’s annualized 30-day implied volatility, fell to 35.59%, the lowest since September.
businesscryptoeconomy
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