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Bitcoin Price-Volatility Correlation Turns Negative Again as Crypto Traders Eye FTX Liquidations

The correlation between bitcoin (BTC) and its implied volatility, which refers to expectations for price turbulence over a specific period, has turned negative again for the first time since May, indicating investor concerns about moves to the downside. The shift from positive correlation comes amid concerns the looming $3 billion FTX liquidations could crater the crypto market. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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