♦️Bitcoin News ♦️
💥💥💥💥💥💥💥
⛔️Bitcoin Volatility Index reaches its lowest level in two months⛔️
💥💥💥💥💥💥💥💥💥💥💥💥💥💥💥💥💥💥💥
🔴 According to BlockBeats, the BitVol Index, launched by financial index company T3 Index in cooperation with Bitcoin options trading platform LedgerX, fell to 58.17 on April 27, recording a daily decline of 3.9% and the lowest level in two months. The BitVol Index measures expected implied volatility derived from the prices 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 excluding volatility o into the B-S options pricing formula. The actual price of an option is shaped by competition among many options traders. Therefore, implied volatility represents market participants' opinions and expectations of the future market, and is considered the closest to the true volatility at that time.
