#Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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The Bitcoin Fluctuation index fell to 65.84 yesterday, a daily fall of 6.46%
The BitVol (Bitcoin Fluctuation) index, launched by financial index company T3 Index in conjunction with Bitcoin Options trading platform LedgerX, fell to 65.84 yesterday, up 6.46% on a daily fall.
Note: The BitVol Index measures the 30-day expected implied Volatility derived from tradable Bitcoin Options prices. Implied Volatility refers to the Volatility implied by the actual Options price. It is a Volatility that uses the B-S Options pricing formula to substitute the actual price of the Options and other parameters other than Volatility σ into the formula.
The actual price of Options is formed by the competition of long Options traders, so the implied Volatility represents the market participants' perceptions and expectations about the future of the market, and is therefore considered to be the closest to the real Volatility at that time.