Ethereum

Bitcoin

Read

Time

<ul> 
 <li>Bitcoin leads the crypto market surge to $30,200, ending almost two weeks of calm; SEC’s ETF filings may have contributed.</li> 
 <li>Market volatility has resulted in short-term IVs rising from 25% to 35%, Dvol from 35% to 40%, and short-term VRP surging to 15%.</li> 
 <li>Upcoming CPI data may provide support for short-term IV, but with IV still low for the next week, opportunities for bullish ETF strategies emerge.</li> 
</ul> 
<p>Bitcoin has led a dramatic awakening in the crypto market, surging to $30,200 and ending nearly two weeks of stillness. The Securities and Exchange Commission’s (SEC) recent release of ETF filings may be a catalyst for this renewed activity, adding a spark to the market that was previously lacking.</p> 
<p>The market’s increased volatility has impacted several key indicators. Short-term implied volatilities (IVs) have risen significantly, from less than 25% to 35%, while Dvol has jumped from 35% to 40%. Additionally, the short-term volatility risk premium (VRP) has surged to a higher level of 15%.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr">BTC led the crypto market higher, rising to $30,200 at one point, which woke up the market that had been too quiet for almost two weeks. <br>With the SEC releasing the results of ETF filings over the weekend, news could stimulate the market at any time in recent days, and today's… <a href="https://t.co/wKeiuZVNLL" rel="noopener noreferrer nofollow">pic.twitter.com/wKeiuZVNLL</a></p>— Greeks.live (@GreeksLive) <a href="https://twitter.com/GreeksLive/status/1689067970361008129?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 9, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>These shifts are not isolated. With the release of Consumer Price Index (CPI) data scheduled for tomorrow, there could be added support for short-term IV. Yet, IV remains relatively low for the coming week. For those bullish on the ETF, the current situation may present a strategic opportunity to buy some of the short-term calls.</p> 
<p>The market’s sudden surge illustrates the nuanced relationship between regulatory decisions, such as the SEC’s ETF filings, and the broader market dynamics. The interplay between these factors creates a landscape of opportunities and challenges for investors seeking to navigate the evolving crypto environment.</p> 
<p>In conclusion, Bitcoin’s rise to $30,200 has reinvigorated the crypto market after a period of calm. The confluence of factors, including the SEC’s ETF filings and upcoming CPI data, adds layers of complexity to the market landscape. As investors grapple with these developments, the unfolding situation may offer strategic opportunities for those ready to engage with the market’s newfound volatility. Whether these trends will continue or reverse in the coming weeks will be closely watched by market participants and analysts alike.</p> 
<h4 class="wp-block-heading" id="h-recommended-news">Recommended News :</h4> 
<ul class="wp-block-yoast-seo-related-links"> 
 <li><a href="https://cryptonewsland.com/march-madness-in-crypto-btc-and-eth-implied-volatility-surge/" rel="noopener noreferrer nofollow">March Madness in Crypto? BTC and ETH Implied Volatility Surge</a></li> 
 <li><a href="https://cryptonewsland.com/btc-short-term-traders-continue-to-sell-in-losses/" rel="noopener noreferrer nofollow">BTC Short-Term Traders Continue to Sell in Losses</a></li> 
 <li><a href="https://cryptonewsland.com/whale-investors-20m-surge-ethereum-block-call-option-trades/" rel="noopener noreferrer nofollow">Ethereum Sees $20M in Block Call Option Trades Amid Whale Moves</a></li> 
 <li><a href="https://cryptonewsland.com/soprs-on-chain-measures-suggests-bearish-sentiment/" rel="noopener noreferrer nofollow">SOPR`s On-chain Measures Suggests Bearish Sentiment</a></li> 
 <li><a href="https://cryptonewsland.com/btc-shorts-and-longs-liquidated-amid-cpi-data-release/" rel="noopener noreferrer nofollow">BTC Shorts and Longs Liquidated Amid CPI Data Release</a></li> 
</ul> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com/bitcoin-surge-to-30200-etf-filings-and-cpi-data-trigger-volatility/">Bitcoin Surge to $30,200: ETF Filings and CPI Data Trigger Volatility</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Bitcoin Surge to $30,200: ETF Filings and CPI Data Trigger Volatility

Crypto News Land

Autres articles publiés le 9 août 2023

US Financial Services Committee Chair Waters: “PayPal’s Stablecoin Launch is Concerning”

The Rise of Nano in Nigeria: How Small Merchants are Embracing the Future of Payments

Legal Case Against FTX’s Sam Bankman-Fried Continues Despite Dropped Charges

Regulatory body in Nigeria wants Binance banned

US Fed Tightens Oversight on Banks’ Crypto Firm Involvement

18 VCs Stand as Defendants in a Miami Lawsuit for Links to FTX

Join our free newsletter for daily crypto updates!