Bitcoin Volatility Spikes to 3.65%, Highest Since August 2023

In Brief:

Bitcoin volatility rose to 3.65%, reaching its highest level since late August last year.
The spike signals increased market uncertainty and thinning liquidity, posing both opportunities and risks for traders.

‍

According to Coinglass data, Bitcoin’s volatility has climbed sharply to 3.65%, marking a new high in over six months. This renewed turbulence reflects a highly reactive market, driven by macro uncertainty and fragile liquidity conditions.

While elevated volatility offers greater profit potential for active traders, it also heightens downside risks. Analysts suggest that such sharp fluctuations may signal a potential market adjustment or trend reversal as Bitcoin hovers near record highs.

‍