Base

Bitcoin Set for Unusually Busy Weekend After Friday's Payrolls Data, Volatility Kink Indicates

Bitcoin's implied volatility suggests significant price swings on Saturday, Oct. 5, due to expectations around Friday's nonfarm payrolls (NFP) release and rising geopolitical tensions, particularly in the Middle East. Options expiring on Oct. 5 are trading at a higher volatility than those expiring later. The U.S. jobs report could influence Federal Reserve policy and the dollar, which may impact BTC prices. Additionally, escalating tensions between Israel and Iran may further drive volatility in both traditional and crypto markets over the weekend.