Bitcoin 'volatility fear gauge' hits FTX-blowup peak as prices crater to nearly $60,000

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Bitcoin's volatility gauge has reached its highest level since the 2022 FTX collapse, indicating extreme price fluctuations, with prices plummeting to nearly $60,000.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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Bitcoin's volatility gauge, the BVIV, spiked to nearly 100%, its highest level since the 2022 FTX collapse.

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Original article published by CoinDesk on February 6, 2026.
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