{"id":134574,"date":"2024-07-31T14:00:57","date_gmt":"2024-07-31T11:00:57","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134574"},"modified":"2024-07-31T12:45:44","modified_gmt":"2024-07-31T09:45:44","slug":"nvidia-stock-shows-higher-volatility-than-major-cryptos","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/nvidia-stock-shows-higher-volatility-than-major-cryptos\/","title":{"rendered":"Nvidia Stock Shows Higher Volatility Than Major Cryptos"},"content":{"rendered":"

Recent data shows that NVDA\u2019s 30-day implied volatility has surged from 48% to 71%, according to Fintel<\/a><\/strong>. In contrast, Bitcoin\u2019s<\/a><\/strong> implied volatility on Deribit\u2019s index has decreased from 68% to 49%, and Ethereum\u2019s<\/a><\/strong> has dropped from 70% to 55%.<\/p>\n

Implied volatility reflects the market\u2019s expectations for price swings and is influenced by the demand for options. NVDA, a key player in AI and former GPU producer for crypto mining, has become a significant market indicator since ChatGPT\u2019s launch in late 2022.<\/p>\n

Both NVDA and Bitcoin hit lows in late 2022 and have shown a strong positive correlation since, with a 0.73 correlation in 90-day price movements. However, NVDA\u2019s stock has fallen about 26% from its peak of $140 last month, while Bitcoin remains in the $60,000 to $70,000 range.<\/p>\n