BTC may see high volatility ahead of macro events, analysis suggests

Despite falling BTC prices and rising U.S. Treasury yields increasing market uncertainty, the options market's implied volatility (BVIV) remains unusually low at around 42%, CoinDesk reported. This suggests the market may not be fully pricing in the actual risks, with options experts describing the current situation as the calm before the storm. They anticipate that volatility could expand, triggered by upcoming macroeconomic events such as the CPI announcement or remarks from the Federal Reserve. This has led to analysis suggesting that a straddle strategy, which bets on a significant price movement regardless of direction, could be effective in the current environment.