Fed to announce interest rate resolution at 2am Beijing time, implied volatility shows BTC, ETH may fluctuate 3%-5%

On 19 March, it was reported that the Federal Open Market Committee (FOMC) of the Federal Reserve will announce its interest rate assessment, economic growth and inflation forecasts, and interest rate outlook tomorrow at 2 a.m. Volmex's one-day implied volatility index data suggests that this much-anticipated event could trigger volatility in the crypto market, resulting in price swings of between 3 percent and 5 percent for Bitcoin, Ether and SOL.

As of 12:30 p.m. UTC, the Bitcoin One-Day Implied Volatility Index (BVIV) showed an annualised volatility of 63.32 per cent, which translates to an expected 24-hour price movement of 3.31 per cent. Similarly, the ethereum and SOL volatility indices suggest 24-hour price swings of 5.25% and 5.73%, respectively.