An Important Message For Oilprice Members

Sign in to follow this  
Followers 0
AS

Stock Market more volatile than Bitcoin?

Seleskya in Markets & Trading

Recommended Posts

Seleskya    + 50

AS

Bitcoin freefall has reversed a bit--climbing back up today. Now the Dow looks more volatile, says SEC Chairman Jay Clayton. So it was good timing because at the Senate banking committee hearing they downplayed lawyers' concerns about bitcoin volatility. 

"When the Dow swooned 4.6% Monday, it spurred an even more extreme move in the so-called Wall Street fear gauge: the CBOE Volatility Index, also known as the VIX, spiked nearly 116% that day, then rose as much as another 37% Tuesday to its highest point in years—only to end the day down almost 20%. It was the widest swing in the history of the VIX".

Share this post

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
You are posting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
Sign in to follow this  
Followers 0
Go to topic listing