Top Crypto Investment News, Listings, Member Posts, Crypto Investment Daily Indices and more!

3yrs ago Crypto newsbtc Views: 276

Traditional markets are on fire, going toe-to-toe with speculative cryptocurrencies like Bitcoin in terms of insane intraday volatility and enormous price movements. The latest shock is in oil prices, which fell this morning by over 40% to the lowest level in over two decades. The massive drop in coordination with drops across the stock market has caused this week’s VIX volatility index to surge by over 6.9% at open, suggesting that there’s much more turbulence across traditional markets in the week ahead. 20-Year-Lows: Oil Prices Fall 40% At Open, Down 80% Year-to-Date This morning when markets open, oil prices collapsed to the lowest prices in the past 20 years, and the Dow Jones Industrial Average fell by over 500 points as a result. Other stock market indexes also plunged following the news that the economy may not be reopening anytime soon. Oil prices dropped by over 40% at open, and are down over 80% year-to-date. The selloff could be partly responsible for causing Bitcoin to temporarily breach below $7,000 after the asset had spent the weekend trading above the key level. But the coronavirus continues to keep the economy at a standstill, as citizens across the globe stay quarantined to prevent further spread of the dangerous and deadly pandemic. Related Reading | Stock Market Prints TD9 Sell Signal, Correlated Bitcoin Could Plunge in Tandem Peak coronavirus concerns last month caused an epic selloff across all markets, setting record-breaking numbers across a variety of assets. Markets may soon be in for round two of the panic-induced selloff, according to the VIX volatility index. VIX Volatility Index Hints At Turbulent Week Ahead in Traditional Markets Starting off the week, the VIX has risen by 6.9% due to the extreme volatility in oil prices and the stock market, potentially signaling an extremely volatile week ahead. VIX is the Chicago Board Options Exchange’s CBOE Volatility Index, and it is currently down 50% from the high reached in mid-March on “Black Thursday” when the stock market, cryptocurrencies, and nearly every other asset in the finance world saw record-breaking collapses. The $$VIX begins the week +6.9% to 40.8. More turbulence ahead — Ted Darling (@tdarling1) April 20, 2020 The VIX has reached the highest levels since the 2008 economic recession but has yet to break the current record. Prior to this recent surge in volatility, the VIX only a handful of times over the last ten years reached over 40 – where the VIX is currently resting at ahead of what’s to come later this week. Related Reading | Gold Indicator Flips Green, Signaling Potential Decade of Uptrend  The stock market and Bitcoin have rallied from recent lows, but it is done so all while the economy is still on thin ice, and the coronavirus has yet to peak.  

Today's Crypto Investment Headlines:

Log In for More
Access Over 250K+ Industry Headlines, Posts and Updates
Not a member yet?

Join AlphaMaven

The Premier Alternative Investment
Research and Due Diligence Platform for Investors

Free Membership for Qualified Investors and Industry Participants
  • Easily Customize Content to Match Your Investment Preferences
  • Breaking News 24/7/365
  • Daily Newsletter & Indices
  • Alternative Investment Listings & LeaderBoards
  • Industry Research, Due Diligence, Videos, Webinars, Events, Press Releases, Market Commentary, Newsletters, Fact Sheets, Presentations, Investment Mandates, Video PitchBooks & More!
  • Company Directory
  • Contact Directory
  • Member Posts & Publications
  • Alpha University Video Series to Expand Investor Knowledge
  • AUM Accelerator Program (designed for investment managers)
  • Over 450K+ Industry Headlines, Posts and Updates
ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY. CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THIS IS NOT A SOLICITATION FOR INVESTMENT. THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY. IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES. ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM. PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT.