Bitcoin is falling, bond yields are rising. Yet BTC’s implied volatility, an uncertainty gauge, remains low.
CoinDesk
Despite Bitcoin price drops and rising Treasury yields, BTC implied volatility remains unexpectedly low, signaling a potential opportunity for options traders.Summary
Bitcoin's price has declined alongside rising U.S. Treasury yields, yet its implied volatility (BVIV) has remained surprisingly steady at approximately 42%. Market experts, including Deribit's CCO Jean-David Péquignot, suggest that this low volatility relative to macro uncertainties may be mispriced. Consequently, traders are looking at straddle strategies—buying both call and put options—to profit from expected significant price swings ahead of upcoming macroeconomic catalysts.
(Source：CoinDesk)