Bitcoin Halving Is Not a Volatility Event, Analyst Says as Implied Volatility Rises
Summary
Bitcoin's fourth mining-reward halving is set for April 20, reducing per-block BTC issuance to 3.125 BTC from 6.25 BTC. Implied volatility has risen, indicating increased price turbulence around the event. However, some experts caution against bullish bets on volatility, noting that previous major crypto events had little market impact. Bitcoin's 30-day implied volatility has increased to an annualized 75%, with the volatility risk premium surpassing 10% for the first time since early March. Despite this, Bitcoin's price has risen over 11% since April 2, reaching $71,800 at press time.
