Bitcoin’s ‘fear gauge’ surges nearly 20%, its biggest jump since Feb. 5 crash

Jun 3, 2026 - 07:00
Bitcoin’s ‘fear gauge’ surges nearly 20%, its biggest jump since Feb. 5 crash
Bitcoin BTC$67,222.41 traders are finally taking the price selloff seriously. The cryptocurrency’s fear gauge, the BVIV index, shows it. BVIV, which measures the 30-day implied or expected volatility in the cryptocurrency, surged nearly 20% on Tuesday to 46.45%. That’s the biggest single-day spike since Feb. 5, according to data source TradingView. Here’s why it matters....

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