The Bitcoin volatility index dropped to 68.66 yesterday, with a daily decline of 0.19%
On March 3, the BitVol (Bitcoin Volatility) index launched by financial index company T3 Index in collaboration with Bitcoin options trading platform LedgerX dropped to 68.66 yesterday, with a daily decline of 0.19%.
Note: The BitVol index measures the 30-day expected implied volatility derived from tradable Bitcoin options prices. Implied volatility refers to the volatility implied by actual option prices. It is calculated using the Black-Scholes option pricing formula, where the actual option price and parameters other than volatility σ are input into the formula to derive the volatility. The actual price of an option is determined by numerous option traders competing, therefore implied volatility represents market participants' views and expectations on future market conditions, making it considered as closest to real-time volatility at that moment.
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.
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