Crypto Live News
Bitcoin’s price surged to a new high for the year, breaking the $38,000 mark after the monthly delivery. This move brought Dvol, a popular Bitcoin volatility index, back up to its recent average of 54%, following a sharp drop to 51% after the delivery. The market is now optimistic about the potential approval of a Bitcoin ETF in Q1 next year, with Skew’s positive bias holding steady for over a month. Until the ETF is officially adopted, any declines present an opportunity to add to one’s position.
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