Volatility Disappears in Markets as Traders Prepare for Powell's Speech at Jackson Hole

The decrease in volatility across various asset classes likely reflects expectations of accommodative monetary policy and economic stability; however, some analysts warn of potential downside risks.

A widespread calm has taken hold of asset classes as traders await Federal Reserve (Fed) Chairman Jerome Powell's speech at the annual Jackson Hole Symposium, scheduled from August 21 to 23.

The 30-day implied volatility of Bitcoin

BTC

$117,703.86

, measured by the Volmex BVIV and the Deribit DVOL index, has decreased significantly in recent months, remaining close to two-year lows around 36% last week, according to TradingView data.