MARKET WRAP: Stocks and bitcoin $BTC pulled back after Fed Chair Jerome Powell signaled aggressive rate hikes to come. Volatility sold off, but traders expect more price swings.
Ten-year Treasury yield daily close: 2.31%
Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index ; Ether is the CoinDesk Ether Price Index ; Gold is the COMEX spot price. Information about CoinDesk Indices can be found atSimilar to spot trading volume, implied volatility in the bitcoin options market declined after the Fed's interest rate decision last week. That means the spike in trading activity and choppy price swings were short-lived.
Over the weekend, some traders noticed a large amount of volatility selling, possibly due to an unwinding of option hedges ahead of the Fed decision. As a result, once the event risk is removed, the volatility curve steepens as traders discount near-term price swings. Meanwhile, ether's short-term volatility is trading at a discount relative to bitcoin."This rarely happens and must have been caused by larger unwinding of Fed-related hedges in ETH versus BTC,"
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
'Scarface' mansion hits market for $40MThe mansion, known as El Fureidis, is located in Montecito, California, and is best known for its appearance in the 1983 film Scarface.
Leer más »
Russia to open stock market this week: Impact will be 'internal,' not globalRussia has kept its stock market closed for three weeks as officials sought to avoid a market death spiral due to a sell-off and heavily inflated currency.
Leer más »
Bitcoin Marked 10-Day High, Shiba Inu Soars 8% (Market Watch)Bitcoin and most of the altcoins are once again slightly in green, while Shiba Inu and Terra are up by almost 10%.
Leer más »
Crypto Market Capitalization Explained | Binance AcademyCrypto market capitalization is the current market value of a cryptocurrency network. It equals the price of a coin multiplied by its circulating supply.
Leer más »
Morgan Stanley warns last week’s stock bounce was ‘vicious bear market rally’Morgan Stanley’s chief investment officer Mike Wilson said last week’s stock surge is ‘a rally to sell’ as ‘bear market rallies are the most vicious.’
Leer más »