INSUBCONTINENT EXCLUSIVE:
By Joanna OssingerBitcoin volatility is back to levels not seen since early November, with the bulls and bears sparring at the $10,000 price
level.
Historical swings over the past 10 days on the Bitcoin-United States dollar pair surged to 65% on Wednesday, the highest level since
6, according to data compiled by Bloomberg
It recovered somewhat after that, and traded Thursday at $9,537 as of 8:25 a.m
crypto-derivatives tracker Skew
known for their volatility, and the largest of them has continued to live up to that reputation
Bitcoin is still up more than 30% to start 2020, which some market players attribute to a search by investors for alternative asset classes
amid concerns about the coronavirus outbreak.
Bloomberg