Bitcoin's price volatility has surged amid US election uncertainty and Trump trade narrative. The cryptocurrency saw a 6.2% intra-week correction before rebounding, highlighting the impact of geopolitical factors on its price trajectory. Market anticipation fuels options activity, with premiums on options expiring around Election Day commanding higher prices. Options activity has surged, with implied volatility expected to peak at 100 daily vol on November 8th.

Source: https://Blockchain.News/news/bitcoin-btc-volatility-surges-us-election-uncertainty