PANews reported on August 17 that according to Cryptoslate, BTC's one-week implied volatility has fluctuated significantly throughout 2024. As a key indicator of market sentiment, the indicator remained relatively stable at around 50% at the beginning of the year after a brief surge in early January and mid-February. However, as Bitcoin approached halving in April, volatility soared, reaching a maximum of more than 80% as traders expected the market to be turbulent. Despite a brief drop after the halving, mid-year volatility reappeared due to increased market uncertainty, which may be related to regulatory developments and macroeconomic conditions.
Comparing current volatility levels to the broader historical context, 2024 shows a trend of heightened volatility compared to the more muted environment of 2023. The continued surge suggests that traders are increasingly considering short-term market risks, highlighting the increased speculative nature of the post-halving trading environment. This trend is likely to continue as market participants grapple with the evolving regulatory environment and global economic changes that are influencing Bitcoin price trends.
