BTC and ETH forward volatility surges as traders prepare for election results

According to BlockBeats, on November 4, Derive.xyz founder Nick Forster analyzed that the forward volatility of BTC and ETH soared overnight. Bitcoin’s volatility was 80.30%, higher than the previous 72.20%, and Ethereum’s volatility was 82.92%, higher than the previous 75.40%.

Nick Forster said this reflects that traders are preparing for the election results, and there is a two-thirds chance that election night will lead to large price fluctuations. BTC volatility range is between -8.97% and +9.85%, and ETH volatility range is between -9.25% and +10.19%.

He added that total open interest for BTC call options stands at 1,179 contracts and for put options at 885, suggesting the market is still tilted toward the bullish side.

Related: Binance Labs participates in the investment. Will Moonwalk set off the next wave of sports?

Original | Odaily Planet Daily ( @OdailyChina ) Author | Fu Howe ( @vincent 31515173 ) After the popularity of StepN, Web3 applications related to health and fitness have emerged in an endless stream. However, few projects can surpass the success of StepN because most applications lack innovation. In this context, Moonwalk recently announced that it has received $3.4 million in seed round financing led by Hack VC, with other investors including Binance Labs, Reciprocal Ventures, Bonk and Solana co-founder Raj Gokal. Does it have unique features and will it set off a movement wave like StepN? To this end, Odaily Planet Daily explains the basic gameplay of Moonwalk and expectations for future coin issuance. Exercise and fitness require self-discipline. If you have poor self-discipline, use real money to restrain…