Analysis: Crypto market awaits bullish catalyst as bitcoin volatility drops to four-month low
According to ChainCatcher, data shows that bitcoin's annualized 30-day implied volatility has dropped below 40%, reaching its lowest level since October 5. The postponement of the discussion on the market structure bill by the U.S. Senate Banking Committee has become one of the most closely watched topics in the crypto market this week. Some analysts warn that if the bill fails to pass, it could trigger a crypto winter. Meanwhile, U.S.-listed spot ETF net inflows reached 1.81 billions USD this week, marking the largest single-week inflow since October.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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