The BitVol index rose to 57.52, with a daily increase of 2.68%

Financial index company T3 Index and Bitcoin options trading platform LedgerX launched the BitVol (Bitcoin Volatility) index, which rose to 57.52 on February 25th with a daily increase of 2.68%. The BitVol index measures the 30-day expected implied volatility derived from tradable Bitcoin options prices. Implied volatility represents market participants' views and expectations for the future market, considered as the closest approximation to the actual volatility at that time.