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Bitcoin’s realized volatility surges in as traders face extreme price swings Bitcoin’s realized volatility surges in as traders face extreme price swings

Bitcoin’s realized volatility surges in as traders face extreme price swings

Volatility clustering in Bitcoin reveals the impact of turbulent rallies and sharp pullbacks.

Bitcoin’s realized volatility surges in as traders face extreme price swings

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

As Bitcoin navigated tumultuous market waters since early March, traders witnessed a stunning ebb and flow characterized by breathtaking price swings following a severe late-February sell-off. The market saw Bitcoin soar and then plummet within days, igniting a spike in realized volatility well above normal ranges. However, amid these waves of price activity, one particular event exacerbated the turmoil — leaving traders on edge. The anticipation of a pivotal White House crypto summit seemed to fuel this firestorm. But, what role did this summit play, and how did it shape Bitcoin's volatility?