Skip to content

3% to 5% Price Swings Expected in Bitcoin, Ether, and Solana Due to FOMC Rate Decision

The Federal Open Market Committee (FOMC) is set to release its rate review, growth and inflation projections, and interest rate forecast. This event is anticipated to cause volatility in the cryptocurrency market, with potential price swings of 3% to 5% in bitcoin (BTC), ether (ETH), and solana (SOL). According to Volmex’s one-day implied volatility indices, at 12:30 UTC, the bitcoin index (BVIV) indicated an annualized volatility of 63.32%, suggesting a 24-hour price swing of 3.31%. The ether and solana indices pointed to 24-hour price swings of 5.25% and 5.73%, respectively. These expected movements are calculated by dividing the annualized volatility by the square root of 365, the number of trading days in a year. Despite these figures, such volatility is not unusual in the crypto market. The FOMC is expected to keep the benchmark borrowing cost unchanged and signal the end of its quantitative tightening program.

Source: www.coindesk.com

Related Links

Related Videos

Related X Posts

MartyParty @martypartymusic · Jan 26
Market Makers are now receiving Stable Coin from the exchanges in preperation of running it back up. Bitcoin hits $100800 Ethereum hits $3171

Emperor @EmperorBTC · Feb 17
Bitcoin Price Update. 1. HTF Range between $105,000 to $90,000 remains intact. We are close to 90 days in this range now, regardless of distribution vs re-accumulation schematic, we have to resolve in either direction soon IMO. 2. Trading right at Range POC and confined to

MiloX Trading @CryptoMilox · 2h
Bitcoin (BTC), Ether (ETH), and Solana (SOL) are expected to experience 3%-5% price swings following the FOMC’s rate decision, according to Volmex data. With BTC’s implied volatility at 63.32%, anticipate a 24-hour move of 3.31%. While this may seem alarming, it reflects typica…

MartyParty @martypartymusic · Jan 8
This 4hr $ETH chart is not normal. There must a monster long under $3300 that @binance wants to sweep or a monster limit long order. This is not a normal candle pattern. Look at the RSI. IMO: Floorpricing is being established: $BTC $95000 $ETH: $3300 $SOL: $195 $SUI: $4.5

Man of Bitcoin @Manofbitcoin · Mar 17
$ETH: The white scenario remains a possibility, it has yet to prove itself. For now, the price is going sideways. The price should remain above $1,822 to keep the green scenario alive. A break below $1,758 would indicate that the price has chosen for another low in wave-(5) of 5

Simply Bitcoin @SimplyBitcoinTV · Feb 10
Price Before ETF Launch vs. Today: #Bitcoin: $46,300 → $97,300 Ethereum: $3,400 → $2,680