The way bitcoin options are priced suggests the cryptocurrency may not move more than 3%.
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The Fed is likely to stick to its data-dependent stance, offering little surprises to the market.
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Bitcoin options expiring the cryptocurrency may not move more than 3% post-Fed.
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Volatility price turbulence, in bitcoin remains suppressed, with the calm in the U.S. stock.
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Bitcoin options market pricing, traders expect that BTC will only move by 2.8%.
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The Fed will announce the rate decision on Wed at 14:00 ET accompanied by a statement.
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Rates traders see a near 100% chance of the Fed keeping rates steady on Wednesday.
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The central bank is expected to hold the benchmark borrowing cost steady between 5.25% to 5.5%.
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