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Monday Market Mixed Before Crazy, Piovitol Week | Live Stock
Express News | CME Group Reports October 2024 Adv of 24.3 Million Contracts
CME Group Reports October 2024 ADV of 24.3 Million Contracts
US Stocks Likely To Open In Green Amid Hints Of Tentativeness On Election Eve: Expert Says Brace For Volatility Ahead Of Fed's Rate Decision
With the impending US election vote, bitcoin traders are preparing for significant price fluctuations.
Bitcoin speculators are preparing for the significant volatility that may occur after the end of the US Tuesday election. The 30-day implied volatility index of this largest digital asset has reached the highest level since the global market crash in August. CF Benchmarks Ltd. compiles this index based on the CME Bitcoin options prices. Caroline Mauron, co-founder of Orbit Markets, a provider of cryptocurrency derivatives trading liquidity, stated that the options market also signals a post-election swing of around 8%, compared to the usual daily swing of around 2%.
Weekly Buzz: Magnificent Mix of Market Reactions