Wall Street “Fear” Indicator Puts Bitcoin Under Extreme Downside Risks

Bitcoin has rallied by more than 150 percent from its mid-March nadir, but its growing exposure to a similarly booming US stock market remains worrisome. The cryptocurrency risks paring a portion of its recent gains as macro analysts warn about a downside move in the S&P 500 ahead. The warning came as the Cboe Volatility Index surged 41 percent above its historical average, indicating extreme uncertainty among stock investors. Bitcoin is at risk of losing […]

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