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U.S. Elections Drive High BTC Volatility Expectations

  • BTC approaches an all-time high amid election week anticipation, while ETH remains subdued, failing to break $2.7k levels.
  • BTC futures and options open interest surged, with implied volatility indicating a significant risk premium ahead of the U.S. elections.
  • Market reactions highlight cautious sentiment ahead of Election Week, with mixed economic data causing the U.S. Dollar Index to recover.
  • Bitcoin outshines Ethereum as institutional inflows boost the crypto market, with significant ETF inflows for BTC and high open interest in BTC futures and options.

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