The Bitcoin Volatility Index rose to 63.54 yesterday, a single-day increase of 0.94%.
According to BlockBeats, on November 3, the BitVol (Bitcoin volatility) index launched by financial index company T3 Index and options trading platform LedgerX rose to 63.54 yesterday, a single-day increase of 0.94%.
BlockBeats Note: The BitVol index measures the 30-day expected implied volatility derived from the price of tradable Bitcoin options. Implied volatility refers to the volatility implied by the actual option price. It is the volatility inferred by substituting the actual option price and other parameters except volatility σ into the B-S option pricing formula.