Market Volatility Rises Amid Geopolitical Tensions and Key Economic Data Releases

This week, significant macroeconomic data releases are scheduled, including the U.S. February Consumer Price Index (CPI) on Wednesday, unemployment figures on Thursday, and the January Personal Consumption Expenditures (PCE) Price Index on Friday. However, the real market impact stems from the U.S. military action against Iran, affecting global oil transportation through the Strait of Hormuz. [email protected] posted on X. Since last week, there has been a noticeable increase in implied volatility for major terms, with Bitcoin's short-term implied volatility exceeding 65% and Ethereum's surpassing 80%, both reaching recent highs. The market's expectation for volatility this month is rising, as indicated by the significant decline in skew, reflecting a growing demand for downside protection.