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Bitcoin's Volatility Could Surge Following Release of U.S. Inflation Report

Bitcoin's Volatility Could Surge Following Release of U.S. Inflation Report

CointimeCointime2024/11/13 11:33
By:Cointime

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.

0

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.

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