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via CoinDesk · By CoinDesk Staff

Bitcoin volatility hits 7 month low as institutional demand steadies markets

BTC

BTC/USDT

$62,265.85

-3.55%

$62,265.85

-3.55%

(24s)

24h Volume

$19,287,861,335.55

24h H/L

$64,659.43 / $61,938.00

Change: $2,721.43 (4.39%)

Long/Short

68.7%

Long: 68.7%Short: 31.3%

Funding Rate

+0.0015%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,380.01

▼ -2.56%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$64,616.38

Resistance 1$62,887.16

Price$62,380.01

Support 1$61,834.89

Support 2$60,554.20

Support 3$59,126.00

Pivot (PP):$62,864.46

Trend:Downtrend

RSI (14):36.5

CoinDesk Staff

(08:24 AM UTC)

1 min read

Reviewed bySarah Chen

1220 views

0 comments

Bitcoin implied volatility drops to 7 month low despite macro risks

BTC's implied volatility is a picture of calm even as financial headlines warn of macro risks.

Financial headlines continue to warn of macro risks, yet bitcoin's BTC$77,341.59 volatility metric seems to think it's all noise.

The cryptocurrency's annualized 30-day implied volatility index, BVIV, continues to slide, hitting 38%, its…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

CoinDesk Staff · CoinDesk

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