Golden Finance reports that the Bitcoin derivatives market is predicting an increase in volatility as President-elect Donald Trump prepares for his second inauguration on January 20. Data from the Derive.xyz derivatives exchange shows signs of bearish expectations for the medium-term outlook, with Bitcoin put options increasing to 40% of all open interest on Derive, rising sharply over the past week. Bitcoin’s implied volatility is also climbing, highlighting uncertainty in the market. Bitcoin’s 7-day parity IV has increased by 3% over the past week to reach 56.5%, while the 30-day IV has increased by 1.5% and currently stands at 57.5%. (TheBlock)