In case you haven't looked, it's Tuesday. For bitcoin traders, that could mean some big price swings.

output: Bitcoin has been notrious for its price volatility, and new data from Amberdata shows that Tuesdays have been the most volatile day of the week so far in 2024, especially over the past month.
As of Wednesday, realized volatility on Tuesdays averaged 82 over the past 30 days, compared to 74 on Wednesdays, and less than 70 on Mondays, Thursdays and Fridays.
Realized volatility is a measure of the standard deviation of returns from the market’s mean return over a realized period, typically a day, week or month. It essentially reflects past price fluctuations. In contrast, implied volatility is a measure of the market’s expectations of future price swings, typically used to price options.
Since the start of 2024, March had the highest monthly volatility at 67, compared to 63 for February and less than 60 for the other months, Amberdata's data showed.
Bitcoin’s one-month annualized daily realized volatility nearly hit 70 on Wednesday, from less than 50 on Monday. The crypto recently dropped 30% from its all-time high to below $40,000.
The only two other instances of similar volatility spikes occurred in March, following another run to a record high (then $73,000), and in August, during the yen carry trade unwind, according to Glassnode data.
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