Bitcoin volatility outlook hits 9-month low

The market's expected volatility for Bitcoin has fallen to its lowest level in nine months, Bloomberg reported. The Bitcoin Volmex Implied Volatility Index dropped to 36.11 on May 25, marking its lowest point since last September. The index reflects the market's 30-day volatility forecast for Bitcoin based on real-time crypto option prices. According to the report, this trend is attributed to a sharp decline in trading volume and a shift in speculative interest from Bitcoin to other assets, which has reduced the demand for options hedging.