Crypto Market Enters Downtrend, IV Remains Low
CryptoNewsTerminal Staff04 Sep, 2024
Crypto Market Enters Downtrend, IV Remains Low
The crypto market has entered a downtrend due to macro factors and the subsequent decline in U.S. stocks. However, the expectation that the Fed may cut interest rates by 50bp this month could prevent further declines. Analyst Adam at crypto options trading toolkit GreeksDesk analyzed the market and found that implied volatility (IV) has been relatively low during periods excluding US election week. This suggests that whales are not betting on volatility this month, and prices are expected to be stable overall.
