Preparing For The CPI Reading: Market Braces For Volatility
Markets await the highly anticipated September consumer price index data release. A higher CPI could easily take yields higher and risk assets lower. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.Markets Prepare For CPI Surprise The U.S. Producer Price Index (PPI) data was released on October 12, 2022, a day before the highly anticipated consumer price index release the following morning. In....
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Stuck right below its 2017 all-time high, Bitcoin is moving sideways with low volatility over the past few days. The crypto market is preparing to close another monthly candle in the coming days. This event is set to move BTC and other cryptocurrencies, but in what direction? Related Reading: TRON Showing Hints Of A Major Rebound After A Week Of Rout At the time of writing, Bitcoin (BTC) trades at $19,000 with 0.4% profit and a 2% loss in the last 24 hours and 7-days, respectively. The benchmark cryptocurrency has been one of the worst performing assets in the top 10 by market cap as XRP....
Is this the calm before the storm? Bitcoin volatility is seldom this steady. After a tumultuous downturn that had the whole market upside down, bitcoin’s fiat price is relatively flat. Everyone can breathe and rest, for a while at least. What does this mean and how long will it last, though? That’s what we’re here to explore. Related Reading | Dwindling Bitcoin Volatility Could Lead To Decisive Move It’s no secret that the market was expecting a hike in the interest rates, and thus people were selling risky assets. However, the powers that be postponed the increase, and, well, the....
As the 2024 US presidential election looms, former President Donald Trump is making a calculated move to solidify support from a key voter base: cryptocurrency aficionados. Axios reports that Trump is in discussions to speak at the Bitcoin 2024 convention, scheduled for July 25-27 in Nashville, Tennessee. Related Reading: Bitcoin Miners In Distress: Mass Sell-Off […]
Bitcoin has sharply declined in the past month which has dragged it down to the $40K price point. The digital asset’s downtrend had then promptly dragged their metrics like implied volatility down with it. This decline has been even sharper as bears have gotten a tighter grip on the market. For some, this could be bad news. However, for others, it could mean a period of opportunity. Bitcoin Implied Volatility Crumbles Bitcoin’s implied volatility is a metric that is used to illustrate investor expectations of future price volatility of the digital asset going forward. This metric is not....
Volatility thrives in market uncertainty and comes out the most in bear markets. It helps to examine the volatility conditions throughout past cycles.