BTC capitulation indicator surges, signaling volatility risk

An analysis from Glassnode indicates that Bitcoin's capitulation indicator has surged, signaling a potential increase in market volatility. The firm noted that the indicator has reached its second-highest level in the past two years. According to Glassnode, historical patterns show that such spikes often coincide with spreading risk-off sentiment and greater short-term price volatility as investors either dump their holdings or are forcibly liquidated.