Bitcoin’s volatility details the measurement of how much its price shifts in a single day. The investment is riskier if the reading is significant, leading to harder-to-predict price swings. T3I’s BitVol Index, used to judge 30-day implied volatility for bitcoin options contracts, has also dipped to its lowest implied reading since its inception more than four years ago, data shows. CVI’s Crypto Volatility Index, designed to mimic similar functionality to that of the S&P 500’s VIX, has also dipped to its lowest recorded levels. The index takes into account both bitcoin and ether’s (ETH) implied volatility over a 30-day period.
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