Deribit's Bitcoin volatility index hits lifetime lows, hinting sideways action

in bt •  last year 

Deribit's Bitcoin volatility index hits lifetime lows, hinting sideways action

Crypto options exchange Deribit's future-looking Bitcoin (BTC) volatility index — used as a crypto fear gauge of sorts — has reportedly reached its lowest level in two years, indicating a possible lack of price turbulence for Bitcoin in the near future.

On July 24, crypto derivatives analytics platform Greeks Live noted that the volatility index for both Bitcoin and Ether
ETH

tickers down
$1,852

has fallen to a multi-year low of 37%.

Furthermore, the current implied volatility level has fallen to the lowest level in crypto's history according to the DVOL algorithm, it added.

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