Analysis: The options market predicts that the expected fluctuation range will reach around 8% on the day after the US presidential election

Bitcoin speculators are preparing for potential significant market fluctuations following the U.S. election on Tuesday, said Caroline Mauron, co-founder of crypto derivatives liquidity provider Orbit Markets. The options market also indicates that the expected volatility on the day after voting will reach about 8%, while the usual rise or fall is usually 2%. However, she also pointed out that after November 7th, there was no significant volatility premium in the market, indicating that the market expects election results to come out quickly. Analysis says Trump leads Harris in prediction markets which helped Bitcoin hit a record high a week ago but his odds have since fallen causing Bitcoin prices to drop. In the final round of US voter intention surveys, there were some signs favoring Harris.