Data: The Bitcoin Volatility Index dropped to 52.33 yesterday, close to its lowest level since mid-February

ChainCatcher message, the BitVol (Bitcoin Volatility) index launched by the financial index company T3 Index in collaboration with the options trading platform LedgerX, dropped to 52.33 yesterday, nearing its lowest level since mid-February.

Note: The BitVol index measures the 30-day expected implied volatility derived from the prices of tradable Bitcoin options. Implied volatility represents the market participants' views and expectations about the future of the market, and is thus considered the closest approximation of the actual volatility at that time.