The Bitcoin volatility index dropped to 52.42 yesterday, hitting a low since February
The BitVol (Bitcoin Volatility) Index, launched by financial index company T3 Index in partnership with options trading platform LedgerX, fell to 52.42 yesterday, a daily drop of 2.47%. This is the lowest point for the index since February 6th this year.
Note: The BitVol Index measures the expected implied volatility over the next 30 days derived from tradable Bitcoin option prices. Implied volatility refers to the volatility implied by actual option prices. It is calculated using the B-S option pricing formula, substituting all parameters except for volatility σ into the formula.
The actual price of an option is formed through competition among many options traders; therefore, implied volatility represents market participants' views and expectations about future market conditions and is considered to be closest to real-time 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.
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