Update
Bitcoin Implied Volatility Premium
Laevitas's Oct. 26 snapshot showed a 9.2-point implied-versus-realized premium for Bitcoin options, indicating that buyers face potential losses if central-bank decisions do not result in significant price movement. The Federal Reserve's October decision is scheduled for 2 p.m. Eastern, followed by a press conference at 2:30 p.m. The 9.2-volatility-point gap between implied and realized volatility reflects the market's uncertainty about future price movements.