Bitwise: Bitcoin implied volatility near three-year low
- —BTC's 30- and 60-day ranges narrowed to 1.8% and 3.0%
- —Options implied volatility sits near a three-year low
- —Spot Bitcoin ETFs drew $1.074 billion this week
- —Ether ETFs lost $114.5 million; ETH trades near $2,400
Why it matters: Volatility compressed to a three-year low often precedes a sharp price move, so traders should brace for a wider range.
Source: Bloomingbit