Bitcoin And Ethereum Volatility Indices Surge

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AI Summary

The surge in Bitcoin and Ethereum volatility indices, BitVol and EthVol, indicates heightened market uncertainty and could impact investors' risk management strategies and future investment decisions.

According to Foresight News, the Bitcoin Volatility Index (BitVol), launched by financial index company T3 Index in collaboration with options trading platform LedgerX, rose to 54.34 yesterday, marking a single-day increase of 4.04%. Similarly, the Ethereum Volatility Index (EthVol) climbed to 61.29, reflecting a daily rise of 6.67%.
Foresight News notes that the BitVol and EthVol indices measure the 30-day expected implied volatility derived from tradable Bitcoin and Ethereum options prices.

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Bitcoin And Ethereum Volatility Indices Surge

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