The Bitcoin Volatility Index DVOL has fallen to 47, with 96% of the past year above this level
News on March 22, according to data released by Deribit official personnel, the volatility index DVOL of BTC has fallen to 47.
In the past year, the DVOL was higher than the current value 96% of the time, with a maximum of 92 and a minimum of 41. A sharp drop in volatility indicates that the market believes that BTC will not plummet or soar significantly but will move sideways for some 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
Data: Over 10,000 BTC Withdrawn from CEX Platforms in the Past 7 Days
Data: Today's Fear and Greed Index drops to 74, indicating a state of greed
SpaceX Agrees to Invest $2 Billion in xAI
Bitwise CIO predicts Bitcoin will reach $200,000 by year-end
Trending news
MoreCrypto prices
More
