Bitcoin's 'fear gauge' surges nearly 20%, its biggest jump since Feb. 5 crash
Key takeaways
- The jump signals return of fear after two months of calm market sentiment.By Omkar Godbole Jun 3, 2026, 5:51 a.m. 2 min read Make preferred on BTC's fear index chalks out biggest rise since Feb. 5.
- Bitcoin BTC$67,056.37 traders are finally taking the price selloff seriously.
- BVIV, which measures the 30-day implied or expected volatility in the cryptocurrency, surged nearly 20% on Tuesday to 46.45%.
The jump signals return of fear after two months of calm market sentiment.By Omkar Godbole Jun 3, 2026, 5:51 a.m. 2 min read Make preferred on BTC's fear index chalks out biggest rise since Feb. 5. (Jacqueline Gozzard/Unsplash)What to know: Bitcoin's fear gauge, BVIV, surged nearly 20% Tuesday, its biggest single-day spike since Feb. 5. The jump signals return of fear after two months of calm market sentiment.
Bitcoin BTC$67,056.37 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.