According to @WhiteHouse, President Donald J. Trump called to terminate the Senate filibuster and approve voter ID in a Nov 9, 2025 post, highlighting a push for procedural and electoral policy changes with potential market relevance, source: https://twitter.com/WhiteHouse/status/1987594255410532794. The Senate’s cloture rule currently requires 60 votes to end debate, so eliminating the filibuster would lower the threshold for passing contentious bills and elevate policy uncertainty, source: https://www.senate.gov/about/powers-procedures/rules-procedures/cloture.htm. Elevated U.S. policy uncertainty has historically coincided with higher equity volatility, and crypto assets such as BTC and ETH have moved more in sync with U.S. stocks since 2020, making policy-driven volatility transmission relevant for digital assets, source: https://www.policyuncertainty.com/; https://www.imf.org/en/Blogs/Articles/2022/01/11/crypto-prices-move-more-in-sync-with-stock-markets. Traders can monitor VIX for equity stress, the ICE U.S. Dollar Index (DXY) for dollar risk, and Deribit’s BTC DVOL for crypto implied volatility to gauge headline-sensitive market conditions, source: https://www.cboe.com/tradable_products/vix/; https://www.theice.com/products/194/US-Dollar-Index-USDX-Futures; https://insights.deribit.com/dvol/.

According to Greeks.live, the Dvol Index has dropped nearly 15% from 62% to 48% since July's monthly delivery. This significant decrease indicates that overall implied volatility (IV) levels are very low, with only three weeks of the year showing lower levels. This trend highlights a visible decline in the volatility of the cryptocurrency market.