Bitcoin traders are increasingly vigilant as they anticipate heightened market volatility in light of the impending U.S. election scheduled for November 7th. The 30-day implied volatility index for Bitcoin has experienced a surge, indicating traders' expectations for future price swings.
This development signifies an increased level of uncertainty among market participants regarding Bitcoin's performance around the election period. Market volatility is a crucial factor for investors, impacting their strategies and potential profits.
