{"id":138598,"date":"2024-10-04T20:00:19","date_gmt":"2024-10-04T17:00:19","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138598"},"modified":"2024-10-04T16:09:34","modified_gmt":"2024-10-04T13:09:34","slug":"traders-brace-for-increased-ethereum-volatility-ahead-of-u-s-election","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/traders-brace-for-increased-ethereum-volatility-ahead-of-u-s-election\/","title":{"rendered":"Traders Brace for Increased Ethereum Volatility Ahead of U.S. Election"},"content":{"rendered":"

Nick Forster, the founder of Derive, stated<\/a><\/strong> in an October 2 analysis that an increase in Ethereum\u2019s<\/a><\/strong> forward volatility is expected from October 25 to November 8, coinciding with the U.S. presidential election.<\/p>\n

He believes that the election outcomes could significantly impact Ethereum\u2019s price due to its association with the decentralized finance (DeFi) ecosystem, which may face regulatory challenges depending on the elected candidate.<\/p>\n

Data from Derive shows that traders estimate a 68% chance of Ethereum experiencing price swings between -14% and +16% shortly after the election, with a 95% probability of moves between -26% and +35%. Ethereum\u2019s forward volatility is currently at 76.6%, while Bitcoin\u2019s<\/a><\/strong> is at 69.8%, indicating that traders expect Ethereum to be more sensitive to external developments.<\/p>\n