“The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 26, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.”, — write: www.coindesk.com
- The chart shows implied volatility for bitcoin options at the $100,000 strike expiring on Nov. 8 and subsequent monthly and quarterly expiries.
- Options expiring on Nov. 8, are pricier compared to later dates, a sign traders anticipate significant market movement around the U.S. election results.
- The U.S. elections will be held on Nov. 4 and results will be declared on Nov. 8.
- Source: Deribit
Edited by Sheldon Reback.
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