Analysis: Options markets predict volatility of around 8% the day after US Presidential Election

Bitcoin speculators are bracing themselves for what could be significant market volatility after the U.S. election day on Tuesday. Caroline Mauron, co-founder of crypto derivatives trading liquidity provider Orbit Markets, said that the options market also foreshadows expected volatility of around 8% the day after the vote, compared to the normal increase or decrease of 2%. However, he also pointed out that after November 7, the market did not have a significant volatility premium, indicating that the market expected the election results to come soon. According to the analysis, Trump's lead over Harris in the prediction market helped bitcoin reach a record high a week ago, but since then his falling odds have caused bitcoin prices to fall. In the final round of the U.S. voter intention survey, there were some signs in Harris' favor.