Report: Bitcoin volatility on the rise, election factors a key influence
2024-10-28 22:20:26
According to a Bitfinex Alpha report, Bitcoin (BTC) rallied after a 6.2% volatility last week, driven by geopolitics and Trump election trading. Election expectations led to active options trading, and implied volatility after election day could reach 100 per day. Despite the increase in short-term volatility, Bitcoin has rallied 30% since its September low.
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