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Expect volatility
During FOMC meetings, volatility tends to surge. The September 21 FOMC was the most volatile FOMC to date, as BTC saw average minutely price fluctuations of 0.81% during the press conference. FOMC days have tended to become more volatile recently. From April 2021 to January 2022, before FED’s hiking cycle, FOMC volatility was softer, reaching 0.18% during the press conference. The FOMC meetings from March to July saw higher volatility, reaching 0.33% on average per minute. The September FOMC was uniquely volatile, caused by the massively negative initial response followed by a strong recovery.Preview