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BTC’s DVOL Volatility Index drops to 48

BTC’s DVOL Volatility Index drops to 48

CointimeCointime2024/06/21 05:02
By:Cointime

 Lin Chen, the head of Deribit Asia-Pacific business, stated that data shows that BTC's DVOL volatility index has dropped to 48. Since the launch of Bitcoin spot ETF in January, it fell to a minimum of 41 in February. During the general quarterly delivery (next Friday), the volatility may be suppressed for a few days; it is likely that the spot price will stabilize later, and the volatility will be suppressed to 40.

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