Bitcoin volatility index reached its peak after FTX.

Bitcoin Volatility Index on the Rise

Bitcoin's volatility index, the Bitcoin Volatility Index (BVIV), has approached the 100% level, reaching its highest point since the FTX collapse in 2022. Investors have turned to purchasing put options to protect themselves against potential price declines.

This situation highlights the increasing uncertainty in the markets and the search for safety among investors. However, the current volatility is thought to have reached excessive levels. If prices stabilize, a decrease in volatility is expected.