The article discusses the potential impact of the release of US non-farm payroll data on the volatility of Bitcoin. The data, which is set to be released today, is important for the labor market and can indirectly affect the Federal Reserve's monetary policy. The unemployment rate in the USA is currently 4.2%, and if it exceeds this rate, the Fed may intervene to encourage a recovery. The markets predict that the unemployment rate will remain at 4.2% in September. The article also mentions that the markets are increasingly expecting an interest rate cut in November. Additionally, it notes that the implied volatility of Bitcoin options is currently higher than the real volatility, suggesting that there could be an increase in short-term volatility. Overall, the article highlights the possibility of increased volatility in both the markets and Bitcoin due to the non-farm payroll data and external factors such as geopolitical tensions in the Middle East.



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