QCP Capital: It is expected that the BTC volatility will decrease before next week's FOMC meeting.

Odaily Planet Daily News QCP Capital pointed out that the US CPI data released last night met expectations, with the core CPI rising slightly to 0.3% month-on-month, higher than the expected 0.2%, increasing the likelihood of a 25 basis point rate cut by the Federal Reserve to 85%, the highest level in a month. In the cryptocurrency sector, $BTC rebounded from intraday declines, reclaiming $57,000, indicating strong demand and increasingly bullish prospects. This is reflected in options activity, with increasing demand for call options expiring from October to December. Driven by the release of US CPI and the US presidential debate, $BTC volatility decreased by 12 points this week. Due to the lack of significant macro events recently, it is expected that volatility will decrease before the FOMC meeting next week.