The Federal Reserve will announce its interest rate decision at 2 am tomorrow, with implied volatility indicating that BTC, ETH may fluctuate by 3% -5%.
The Federal Reserve's FOMC (FOMC) will release its interest rate assessment, economic growth and inflation forecasts, and interest rate outlook at 2am Beijing time tomorrow. Volmex's one-day implied volatility index data shows that the closely watched event could trigger crypto market volatility, leading to price swings of 3% to 5% for Bitcoin, Ethereum, and SOL.
As of 12:30 UTC, the Bitcoin One-Day Implied Volatility Index (BVIV) was showing an annualized volatility of 63.32%, equivalent to an expected 24-hour price volatility of 3.31%. Similarly, the Ethereum and SOL Volatility Indices were predicting 24-hour price volatility of 5.25% and 5.73%, respectively.