Deribit's bitcoin volatility index held nearly flat following the Federal Reserve's latest policy statement, reading 37.59 at the 2 p.m. ET announcement and ticking down to 37.58 by 4:45 p.m. ET. The muted response suggests options markets saw little change in expected price swings despite the hawkish signal embedded in the decision.
Two Fed officials voted in favor of a rate hike, while bitcoin gained just 0.33% on Coinbase over the same window, underscoring the market's limited reaction to the split vote.
Bitcoin Volatility Barely Moves After Fed Decision Despite Two Hike Votes
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