In accordance with Jinse, Bitcoin's 30-day implied volatility has stabilized around 45%, suggesting that trading activity may become calmer as the end of the year approaches. Meanwhile, Ethereum's 30-day implied volatility has dropped to 70%, the lowest level since October 9. Open interest in Bitcoin futures on the CME has fallen below 120,000 contracts for the first time since the beginning of 2024, indicating a decline in institutional participation.
Bitcoin 30-Day Implied Volatility Stabilizes at 45%, Ethereum Drops to 70%
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Summary
Bitcoin's 30-day implied volatility remains stable at 45%, signaling lower market volatility as year-end approaches. Ethereum's 30-day volatility has fallen to 70%, the lowest since October 9. CME Bitcoin futures open interest has dipped below 120,000 contracts for the first time in 2024, pointing to reduced institutional activity.
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