The BitVol Index, which measures the expected volatility of Bitcoin options prices, dropped to 63.51 on November 28, according to news from BlockBeats. This marks a single-day decrease of 0.8%. The BitVol Index is a product of T3 Index and LedgerX, a joint options trading platform. It measures 30-day expected implied volatility, which represents market participants’ views and expectations for the future of the market.
Implied volatility is closest to the true volatility at that time, as it is derived from actual option prices resulting from competition among traders.
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