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Cryptocurrencies: 29430
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Cryptocurrencies: 29430
Markets: 111449
Market Cap: $2,194,659,136,299     
24h Vol: $46,535,277,491
cryptonews 2023-02-15 18:17:00

Bitcoin Volatility Expectations Remain Subdued Despite Hot US Inflation Figures – What This Means For the BTC Price

Bitcoin Volatility Expectations Remain Subdued Despite Hot US Inflation Figures – What This Means For the BTC Price
In wake of Tuesday’s US Consumer Price Index (CPI) data, which confirmed an expected jump in MoM price pressures and revealed a smaller-than-expected decline in the YoY rate of inflation, Deribit’s Bitcoin Volatility Index (BTC DVol) surprised some analysts by remaining broadly unchanged. The lack of movement in the BTC DVol, which was last at 48 on Wednesday versus 50 on Monday and remains not far above record lows, matches the post-CPI mood seen in the Bitcoin market.... Read More: Bitcoin Volatility Expectations Remain Subdued Despite Hot US Inflation Figures – What This Means For the BTC Price
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