• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Bitcoin's Implied Volatility Sees Significant Increase

user avatar

by Tenzin Dorje

4 hours ago


Bitcoin is currently witnessing significant price fluctuations, leading to a notable increase in its implied volatility. According to the results published in the material, as traders prepare for potential market shifts, the Volmex Bitcoin Implied Volatility Index (BVIV) has surged, reflecting heightened market activity.

BVIV Climbs Above 42 Amid Bitcoin Price Drop

The BVIV has climbed above 42, coinciding with Bitcoin's recent price drop from $126,000 to $120,000. This spike in volatility is particularly relevant as October historically tends to bring increased price movements in the cryptocurrency market. Traders are closely monitoring these developments, as they suggest a potential for improved returns as the month progresses.

Strategic Adjustments in Trading Approaches

Market analysts emphasize the importance of strategic adjustments in trading approaches during this period. With the anticipation of remarkable volatility, investors are advised to stay vigilant and consider their positions carefully to capitalize on the changing dynamics of Bitcoin's price.

Hargreaves Lansdown has raised concerns about cryptocurrency investments, emphasizing Bitcoin's volatility and lack of intrinsic value. This warning follows the UK government's recent decision to lift restrictions on crypto trading products. For more details, see read more.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Addressing Security Challenges in Intent-Centric Blockchain Design

chest

Addressing security and privacy challenges in intent-centric blockchain design is crucial for maintaining user trust and the integrity of interactions.

user avatarJacob Williams

SEC's X Account Hacked, False Bitcoin ETF Approval Causes Market Turmoil

chest

SEC's X account was hacked, leading to a false tweet about Bitcoin ETF approval, causing temporary market turmoil.

user avatarAyman Ben Youssef

Zypto App: The Future of Multichain Wallets

chest

Zypto App has been launched as a fully crosschain wallet that connects assets across multiple blockchains, allowing for seamless transactions.

user avatarTando Nkube

Clearpool Surpasses $850 Million in Loans Originated

chest

Clearpool has originated over $850 million in loans, demonstrating the effectiveness of its lending system.

user avatarRajesh Kumar

Clearpool Develops PayFi to Link DeFi with Payment Firms

chest

Clearpool is building PayFi, a system that creates pools linked to payment firms, allowing users to earn yield from payment activities.

user avatarJesper Sørensen

Clearpool Launches First Credit Vault on Plume Network

chest

Clearpool has launched its first credit Vault on Plume Network, enhancing the movement of tokenized credit across chains.

user avatarNguyen Van Long

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.