Crypto Market in Zen Mode as Bitcoin Remains Stable at $70K Ahead of Halving

“BTC and ETH showed relatively calm movement last week compared to other weeks in March, with weekly realized volatility hitting below 50%,” Jun-Young Heo, a derivatives trader at Singapore-based Presto Labs, said in an email interview. “However, as the Bitcoin halving event is expected to happen around April 20, implied volatility of front-month options remains elevated above 75%.”

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• Source: https://www.coindesk.com/markets/2024/04/01/crypto-market-in-zen-mode-as-bitcoin-remains-stable-at-70k-ahead-of-halving/?utm_medium=referral&utm_source=rss&utm_campaign=headlines