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The SEC's fake news farce caused significant volatility of BTC

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BITSTAMP:BTCUSD   Bitcoin
The SEC's fake news farce caused significant volatility of BTC, and the drama was even more bizarre than expected.
The sharp volatility drove the RV up significantly, but the IV fell slightly instead. The logic of the data here is different from the usual, because the ETF has been traded for more than a month, and a large number of investors betting on it, so that the short-term IV has reached a recent high.
SEC fake news, on the one hand, so that the majority of investors found that the ETF through the driving effect on BTC is limited, on the other hand, also consumed the already fragile power of the game, a lot of investors have carried out the operation of reducing leverage and positions, early Sell the news.

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