TechFlow news, according to a recent report by crypto data provider Kaiko, market volatility in the cryptocurrency sector has significantly increased in September. Bitcoin's 30-day volatility has surged to 70%, nearly double the level of the same period last year and approaching the historical high reached in March.
Ethereum's volatility has surpassed both its March levels and Bitcoin's current volatility, driven primarily by events such as the liquidation of Jump and the launch of ETH ETFs.
Short-term options implied volatility also showed an inversion: the implied volatility for contracts expiring on September 13 jumped from 52% to 61%, exceeding that of end-of-month contracts. Such an inverted structure typically signals rising market stress.
The report also noted that cumulative Bitcoin trading volume for the first eight months of this year approached $3 trillion, nearly 20% higher than the peak seen in 2021. Meanwhile, Coinbase's market share declined in Q3, dropping from 53% in June to 41% in early September, while Bullish's share rose from 17% to 33%.
