Bitcoin is entering a period of increased volatility as the upcoming U.S. presidential election and Federal Reserve meeting loom, creating a tense atmosphere in crypto markets. These events are contributing to a surge in Bitcoin's implied volatility, reaching its highest level in recent times.
The presidential election's potential impact on fiscal and economic policies, alongside the Federal Reserve's upcoming decisions, is leading traders to brace for significant price swings in Bitcoin. The conjunction of these events is creating uncertainty and heightening market anticipation.
As political and economic clarity remains elusive, crypto investors and analysts are closely watching the possible outcomes of the U.S. election and Federal Reserve meeting, which could influence not only Bitcoin but also broader cryptocurrency markets.
