The BitVol (Bitcoin Volatility) index, launched by financial index company T3 Index in collaboration with options trading platform LedgerX, saw a slight rebound yesterday, rising 1.72% to 54.54.The BitVol index measures the 30-day expected implied volatility derived from tradable Bitcoin option prices. Implied volatility refers to the volatility implied by actual option prices. It is calculated using the B-S option pricing formula, which takes the actual option price and other parameters apart from volatility σ and calculates the implied volatility.
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Bitcoin Volatility Index rebounded to 54.54 yesterday, with a daily increase of 1.72%
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