Bitcoin's volatility has plunged to a 22-month low, signaling a period of unusual stability in the cryptocurrency market. According to CoinDesk, the 30-day implied volatility index (BVIV) from Volmex Labs has reached levels not seen since October 2023, while Bitcoin trades sideways between $110,000 and $120,000. This decline in volatility suggests a shift in market sentiment. While concerns about potential stagflation in the US economy persist, options traders are seemingly less inclined to hedge their positions. Historically, Bitcoin price and volatility have shown a positive correlation. However, recent trends reveal a negative correlation, indicating a growing demand for stable, structured products with limited returns in the BTC options market. This mirrors trends observed on Wall Street, where investors increasingly prioritize stability over speculative gains. ```

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