Odaily Planet Daily News According to Velo data, the 60-day retrospective correlation between BTC price and implied volatility turned negative in the second week of September, falling to -0.29 in early trading on September 12.
Jeff Anderson, senior trader at STS Digital, said: "Implied volatility has become higher in weak areas of spot prices due to the news of FTX liquidation and expectations of declines."
Griffin Ardern, a volatility trader at asset management company Blofin, said that concerns about further tightening of monetary policy in global markets are also the reason for the change in volatility trends. The upcoming U.S. CPI data for August may show a rebound in inflation, which means that the Federal Reserve may take additional measures. Liquidity tightening measures to curb reflation. (CoinDesk)