Bitcoin Volatility Index DVOL drops to 47, spent 96% of the past year above this level

BlockBeats News, March 22nd. According to data released by Deribit officials, BTC's volatility index DVOL has dropped to 47. In the past year, DVOL has been higher than the current value 96% of the time, with a high of 92 and a low of 41. The significant drop in volatility indicates that the market believes BTC will neither experience a sharp decline nor a significant increase, but will instead trade sideways for a period of time.