“The crypto market became extremely levered up since the $20K breakout, and implied volatility spiked higher as traders repriced,” Krüger said.
source https://www.google.com/url?rct=j&sa=t&url=https://www.coindesk.com/market-wrap-bitcoin-dominance-up-xrp-down&ct=ga&cd=CAIyGjBkZWE0Yjc3NzNlM2I2MDQ6Y29tOmVuOlVT&usg=AFQjCNF3FjWeuB3VDJZXzSvI7ho3CSlA0A
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