Bitcoin Volatility Reduced After Third Halving as Hash Rate Falls

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Since the halving, price fluctuation has been between $9,500 and $9,820. Data from the data analysis platform Skew reveals Bitcoin’s at-the-money implied volatility dropped by over 20% within the last 24 hours.

Experienced crypto analysts such as Cynthia Wu of Matrixport believe that Bitcoin already priced in its third halving. To Wu, the reduced price volatility is a result of this. For many months, members of the crypto community have gone back and forth on whether or not the halving was already priced in.

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