Kaiko: Bitcoin's 30-day volatility has risen to 70%, nearly double compared to the same period last year.

{"p1":"TechFlow news from Deep Tide indicates that the latest report from the encrypted data provider Kaiko shows a significant increase in market volatility in September. The 30-day volatility of Bitcoin has soared to 70%, nearly double that of the same period last year, approaching the levels seen in March when it hit a historical high.","p2":"Ethereum's volatility has surpassed both the March levels and the current levels of Bitcoin, mainly driven by events such as Jump clearing and the launch of $ETH ETFs.","p3":"Short-term option implied volatility has also shown an inversion, with the implied volatility of contracts expiring on September 13 jumping from 52% to 61%, surpassing that of end-of-month contracts. This inverted structure usually signals increased market pressure.","p4":"The report also points out that the cumulative trading volume of Bitcoin in the first 8 months of this year has approached 3 trillion US dollars, an increase of nearly 20% compared to the peak in 2021. Meanwhile, Coinbase's market share declined in the third quarter, dropping from 53% in June to 41% at the beginning of September, while Bullish's share increased from 17% to 33%."}