Bitcoin Volatility Index fell to 56.52, the lowest since October 2020

The BitVol (Bitcoin volatility) index, launched by financial index company T3 Index and Bitcoin options trading platform LedgerX, has fallen to 56.52, a new low since October 2020. It is reported that the BitVol index measures the 30-day expected implied volatility derived from the price of tradable Bitcoin options. (Blockbeat)