BitVol index dropped to 58.57, with a daily decline of 2.11%
On January 14th, the BitVol (Bitcoin Volatility) index launched by T3 Index and LedgerX, a Bitcoin options trading platform, dropped to 58.57 with a daily decline of 2.11%. The BitVol index measures the 30-day expected implied volatility derived from tradable Bitcoin options prices. Implied volatility represents market participants' views and expectations for the future market, thus being considered as the closest approximation to the actual volatility at that time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Seal announces mainnet launch, Walrus becomes the first decentralized data platform with access control
Data: The group of whales holding between 1,000 and 100,000 ETH has increased their holdings by 14% since April.
HSBC: Raises S&P 500 Year-End Target to 6,500 Points
Trending news
MoreCrypto prices
More
