Analysis: BTC price volatility slows down, Strategy may increase Bitcoin holdings
According to Cointelegraph, Strategy may increase its Bitcoin holdings as the price of BTC approaches $95,000. CEO Michael Saylor released a chart of the company's current BTC holdings, which attracted market attention.Daan Crypto Trades noted that despite the Bybit exchange hack, BTC price volatility slowed and traders shifted their attention. The exchange’s open interest fell to the lowest level since February 9.Glassnode data shows that Bitcoin's implied volatility is close to historical lows, with 1-week realized volatility falling to 23.42%. Similar compressions in the past have led to large market fluctuations.