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.

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?