ICYMI: this week might bring crypto investors one of the biggest spikes in volatility cryptomarket
At press time, Ethereum's volatility remains in the average range, with the price of the coin showing a mild retrace after rallying by 22% recently.Yet another rate hike should not be a surprise for either the financial or cryptocurrency markets, as the actions ofaround the world have already been priced-in by the market previously and should not cause a volatility spike.
The only scenario in which we are going to see a sudden jump in volatility is unexpectedly high inflation numbers that will cause a 100 bp rate hike, which is 25 bp higher than that expected by most market participants.Arman Shirinyan is a trader, crypto enthusiast and SMM expert with more than four years of experience.
Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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