Cryptocurrency options markets are pricing in potentially significant price swings through Nov. 15, with XRP recording the largest implied move compared with Bitcoin, Ethereum and Solana. According to the Coinbase Markets X account, the implied one-standard-deviation (1σ) move is ±9.7% for XRP, ahead of Solana (±9.3%), Ethereum (±8.5%) and Bitcoin (±6%). These premiums do not indicate the direction of the move, and XRP also carries the widest premium to its median 7-day move (1.97×). At the time of writing, XRP was down 2.59% in the last 24 hours to $1.06 amid a broader market selloff. October consumer price index data came in hotter than expected at 0.4% versus 0.3% expected, making a December rate hike likely, with Fed Governor Chris Waller suggesting even a 50-basis-point move could be appropriate. A 9.7% increase would potentially target $1.16, while a 9.7% decrease would see XRP drop to $0.95.
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