Bitcoin experienced heightened volatility during the Asian trading session, with its price dropping 2.77% to $66,939. The session saw a significant increase in implied volatility, as indicated by a rise in DVOL to 56.20, up by 0.70 from the start of the session. Additionally, the 30-day Sigma0 increased by 1.59 to 53.59, reflecting the market's growing uncertainty. The session also recorded a notable shift in market skew, with the 30-day skew average moving left by 1.62 to -7.28, indicating a steeper volatility smile. The 30-day fly average rose by 0.33 to 2.56, suggesting increased market activity and potential for further price fluctuations.