An important signal from the Bitcoin indicator!

Bitcoin (BTC), the leader of cryptocurrencies, has gained a place on the agenda with its variable price structure. BTC's price movement between $62,000 and $64,000 was interpreted as volatility.

BTC's volatility was evaluated by the key Bitcoin indicator. According to the data, a period of calm may come in the cryptocurrency market.

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The indicator called volatility risk premium (VRP) pointed out that there would be relatively less volatility in the coming period and BTC would evolve to price stability.

On the other hand, ETH's VRP remains high compared to Bitcoin. So, things are not yet on track on the ETH side.

VRP reflects the tendency to exceed volatility over time. The data works as a measure of price turmoil expectations. The resulting difference represents the premium that option sellers create for the additional risks associated with future uncertainty and price volatility.

According to Bitfinex analysts, BTC's VRP has dropped from 15 percent to 2.5 percent since the Bitcoin halving on April 20. “The significant contraction of VRP indicates a realignment of market expectations towards a more stable and predictable environment post-halving,” analysts told CoinDesk. he commented. According to analysts, future volatility will be less than previously expected.

According to data and analysts, uncertainty has decreased. Market participants are engaging in more predictable market conditions.

Stay tuned for important data.