30 May 2023

Debt ceiling to cause heightened volatility ahead?

BTC surged on positive debt ceiling developments over the weekend.
Ahead May 30

In Short

Growing volatility and a widened trading range, while options IVs remains at all-time lows as BTC reclaims $28k.


  • IV's still at all-time lows
  • Gold trading like a safe haven, while BTC shows risk-on tendencies
  • BTC, ETH and stablecoin dominance at 2019 levels
Debt ceiling momentum lifts the market higher Volatility picked up slightly this week as Bitcoin’s trading range widened, retesting lows of $25,800 and surpassing $28,000 to narrowly break the agonizing five consecutive $27k Tuesday trend highlighted in the past week.
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