The Federal Reserve will announce its interest rate decision tomorrow at 2 AM, with implied volatility indicating that BTC and ETH may fluctuate by 3%-5%

ChainCatcher news, according to CoinDesk, the Federal Open Market Committee (FOMC) of the Federal Reserve will announce its rate assessment, economic growth and inflation forecasts, and interest rate outlook at 2 AM Beijing time tomorrow. Volmex's one-day implied volatility index indicates that this highly anticipated event could trigger volatility in the crypto market, leading to price fluctuations of 3% to 5% for Bitcoin, Ethereum, and SOL.

As of 12:30 PM UTC, the Bitcoin one-day implied volatility index (BVIV) shows an annualized volatility of 63.32%, corresponding to an expected 24-hour price fluctuation of 3.31%. Similarly, the volatility indices for Ethereum and SOL suggest expected 24-hour price fluctuations of 5.25% and 5.73%, respectively.