Bitcoin's Volatility Could Surge Following Release of U.S. Inflation Report
Headline inflation year-over-year is expected to increase by 0.2% to 2.6%, marking the first year-on-year increase since March 2020. Bitcoin's 30-day implied volatility saw a spike up to 90% last week and may experience further volatility with the release of U.S. inflation data. The upcoming U.S. inflation report, set to be released on Wednesday, has the potential to disrupt the 48-hour period of calm in bitcoin price volatility.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Two Whale Vaults at Risk of Liquidation as ETH Price Declines
Here’s How High Dogecoin Can Reach If BTC Market Cap Hits $500T As Predicted By Michael Saylor
Wasabi Adds Berachain Vaults With Up To 300% Yields
Analyst Forecasts 600% XRP Price Rally as Ripple Defends Critical $2 Support
Trending news
MoreCrypto prices
More
