Bitcoin (BTC) Price’s Volatility Meltdown: Crypto Daybook Americas
By Omkar Godbole (All times ET unless indicated otherwise)
Bitcoin , the leading cryptocurrency by market value, continues to trade directionless above $90,000, with implied volatility in meltdown as the year end approaches.
Volmex’s BVIV, which tracks bitcoin’s options-based 30-day implied volatility, has dropped to an annualized 45.10%, the lowest since Nov. 10, according to TradingView data. That’s down from a peak of 65% observed on Nov. 21.
Coins like ZEC and AAVE have gained over 9% in the past 24 hours, outpacing BTC and ether . HYPE, TAO and SUI are up over 5% while KAS and TRX are down over 1%. The CoinDesk 20 and CoinDesk 80 Indices are up over 2% each, pointing to some bullishness in the broader…
