Bitcoin Volatility Drops as BTC Strengthens Toward Key Resistance Levels

Bitcoins 30-day implied volatility index (BVIV) has fallen sharply to 48, breaking below a long-standing bullish trendline dating back to September. This move signals a clear reduction in market panic and suggests that BTC BTC - $89636.093 may continue to experience volatility compression in the near term.

Source: tokenpost.com

Related symbols: BTCUSD

2025-12-04 07:30:04 GMT.

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Price & Market Data

Price: $89636.093

Volume 24h: $60,731,309,649.66

Market Cap: $1,788,974,453,558.40

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,957,434. The last known price of Bitcoin is 93,486.56060211 USD and is up 0.61 over the last 24 hours. It is currently trading on 12491 active market(s) with $71,716,200,829.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.