**BTC Option Implied Volatility Likely to Spike This Week Amidst Crucial Events**
CryptoNewsTerminal Staff10 Sep, 2024
**BTC Option Implied Volatility Likely to Spike This Week Amidst Crucial Events**
Ethereum (ETH) is displaying a comparable trend, with elevated IVs for the options expiring this week. These elevated IVs are expected to remain in place until the Federal Reserve makes its interest rate decision next week. The upcoming U.S. presidential debate between Donald Trump and Kamala Harris, scheduled for Thursday (Korean time), and the release of the U.S. CPI (Consumer Price Index) data on the same day are anticipated to further drive IV higher. These upcoming events have the potential to introduce increased volatility into the cryptocurrency market, which could translate into higher options premiums and a more volatile trading environment. Traders and investors are advised to monitor these events closely and adjust their trading strategies accordingly.
