Bitcoin News: Realized Volatility Drops to New Low, Polygon Labs CEO Predicts $250K Price Target

Recent developments in the Bitcoin market have sparked interest among investors and analysts. Here's a summary of the key information and predictions related to Bitcoin's future.

Bitcoin’s Realized Volatility Hits New Low – What’s Next?

Bitcoin's one-week realized volatility dropped to 23.42%, approaching historical lows breached only a few times in the past four years. Such low volatility has historically preceded significant market moves, making this an important metric to watch. The realized volatility chart indicated a steady decline since late 2024.

Polygon Labs CEO Predicts Bitcoin to Hit $250K

Polygon Labs CEO Marc Boiron predicts that Bitcoin will hit $250K, citing its simplicity and scarcity. In an interview, he explained that Bitcoin's fixed supply and growing demand will drive the surge in its price. Boiron believes Bitcoin is the easiest financial asset to understand, yet most people don't grasp this concept. He added that Bitcoin's scarcity is a significant factor behind its potential to trade as high as $250,000 this year.

Crypto CEO Calls Start Of The Altcoin Season With A Caveat

According to CryptoQuant’s data, the long-awaited altcoin season may have officially arrived. The CEO of the crypto market company, Ki Young Ju, has pointed out a significant surge in altcoin volume on Centralised Exchanges (CEXs). Ju presented a detailed price chart of the volume ratio of Bitcoin versus altcoins on CEXs, disclosing that altcoins have been seeing significantly higher trading volume than BTC. Unlike previous bull market cycles, Bitcoin Dominance (BTC.D) is no longer the sole factor in determining the start of the altcoin season. Some analysts even suggest that the altcoin season is no longer dependent on Bitcoin dominance.

Bitcoin Realized Volatility Near Historic Lows

The price of Bitcoin looked set to reclaim $100,000 on Friday, rallying due to the SEC dropping the lawsuit against Coinbase. However, it failed to capitalize on this momentum following the $1.4 billion exploit of the ByBit exchange. With Bitcoin hovering above $96,000, recent on-chain data suggests certain volatility metrics are nearing historically low levels. Crypto analytics firm Glassnode explained how this could impact the Bitcoin price in the coming weeks.

Bitcoin Trading Activity Falls – Potential Price Shift?

Bitcoin’s 90-Day active supply is declining, suggesting lower short-term trading activity and demand. This metric has historically been used to gauge market interest and trader sentiment. The ongoing decline raises questions about the current state of market demand and could indicate a potential price consolidation or further dip in the coming months.