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Here's What Drove Today's Volatility in Bitcoin
The gold standard of cryptocurrencies, Bitcoin (BTC -0.92%) is one top token that saw a tremendous amount of volatility this morning. As of 6:30 a.m. ET Friday, Bitcoin declined 6.8% over the past 24 hours. Since then, some of these losses have been made back, but investors are still down 3.8% since yesterday morning, at the time of writing. The reality for investors, at least of late, has been that Bitcoin's price movements have mirrored those of the broader market, albeit with higher volatility. We've seen this situation play out for some time. But the fact is, I've noticed this higher-volatility correlation more ... (full story)