Bitcoin Experiences Major Volatility Surge Since November

Bitcoin's latest volatility surge highlights traders seeking safety, yet implied volatility remains moderate compared to past year levels.

Bitcoin has recently encountered a significant surge in volatility, marking the most notable spike since November. This increase in fluctuations indicates that traders are actively seeking protective measures against market uncertainties.

Despite this uptick, it's important to note that the current implied volatility is not at its peak when compared to levels observed over the last year. As traders navigate this turbulent landscape, they remain cautiously optimistic about Bitcoin's future movements.