Glassnode: Bitcoin volatility falls to 25%, lowest since summer 2023
- —One-month realized BTC volatility is around 25%, matching summer 2023 levels
- —August 2023 at 18% and August 2026 at 22% both preceded abrupt moves
- —Since January, BTC has closed above $85K on only five days, never more than three in a row
- —Spot ETFs saw $540M in outflows on Oct. 22 and just $67M net inflows over two weeks
Why it matters: Compressed volatility typically precedes a sharp move, and the Fed decision on Oct. 28 could set its direction.
Source: Cryptoast