Bitcoin is falling, bond yields are rising. Yet BTC’s implied volatility, an uncertainty gauge, remains low.

CoinDesk·

Bitcoin is falling, bond yields are rising. Yet BTC’s implied volatility, an uncertainty gauge, remains low.

60-second summary

Bitcoin's price is plummeting, with a 10% drop in the past week, while bond yields surge, typically a bearish signal for crypto. However, BTC's implied volatility, a measure of uncertainty, remains remarkably low, around 40%, suggesting investors are not pricing in significant price swings. This unusual calm may indicate a buying opportunity for risk-takers.

BTC's implied volatility remains low despite the recent price selloff. Options specialist prefers a long straddle strategy in this scenario.