According to data tracked by Bitfinex analysts, the monthly VRP (volatility risk premium) has plummeted from 15% to 2.5% since the Bitcoin blockchain implemented a halving of mining rewards on April 20. It is reported that the VRP calculates the gap between the Volmex-based Bitcoin 30-day implied volatility index (BVIV) and the 1-month realized volatility (VBRV).
"The sharp narrowing of VRP suggests that market expectations are readjusting to a more stable and predictable environment following the halving," analysts said. "The consensus seems to be that future volatility after the halving is likely to be lower than previously thought. In other words, uncertainty has diminished and market participants expect market conditions to be more predictable."
Bitfinex analyst: Bitcoin uncertainty has subsided, and market participants expect market conditions to be more predictable
2024-05-08 11:24:22
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Bitfinex分析师：比特币不确定性已经减弱，市场参与者预计市场状况更加可预测Next article：
Scallop推出SCA生态系统资助计划
