Bitcoin options ATM implied volatility exceeds ETH for the first time

exchange68September 13, 2024

0 0 1 minute read

Definition

Implied Volatility is the market’s expectation of volatility. This metric shows the ATM implied volatility for options contracts that expire 1 week from today.

Quick Take

For the first time since data has been recorded on Glassnode, Bitcoin implied volatility had exceeded Ethereum implied volatility ( 1 week).
Due to the implications of the past few weeks of bank failures, Bitcoin is outpacing Ethereum in terms of price action.
Options volume hitting two-year highs in Bitcoin recently are all contributing factors to this surge in implied volatility.

BTC implied volatility (1 week): 74.8%.

ETH implied volatility (1 week): 71.3%.

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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