6-day volatility at 15-month low

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10 Feb 2025

6-day volatility at 15-month low

Bitcoin volatility has dwindled over the past week, accompanied by shallow ETP flows and muted activity in derivatives, while options traders have been seeking downside protection.

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A docile market following last week’s wipeout

Outside of some economic data and Trump tariff headlines, the market has shown little life this week. BTC gave back some of its post-liquidation bounce on Tuesday, remaining in a flat range as it booked a weekly return of -3%. Market activity remains subdued following last week’s leverage wipeout. Global weekly net flow of BTC ETPs sits at -193 BTC while 6-day volatility has fallen to lows not seen since November 2023, illustrating an anemic market. Jerome Powell’s upcoming testimonies may offer some volatility, but there is little else in the week’s agenda that promises sharp market moves.

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6-day volatility at 15-month low

A docile market following last week’s wipeout

Both CME and offshore traders coast along

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