11.7 C
Manchester
July 11, 2020
Image default
Bitcoin

VIX surges due to concern about new corona, anxiety psychology spreads to all risk assets such as bitcoin


Financial Markets The US Dow market plunged 1861 dollars lower than the previous day, and the Tokyo stock market temporarily interrupted 22,000 yen to a full fall. The price of Bitcoin dropped temporarily by nearly $1,000 and the price dropped. In response to the economic outlook presented by the US Federal Open Market Commission (FOMC), concerns about the second wave of the spread of new coronavirus infections rekindled. The Fed has decided to maintain its zero interest rate policy by the end of 2022, but as the US interest rate has fallen and the dollar has weakened, it has become more risk-oriented. The optimistic view that the stock market recovered to the level before the fall of the corona shock was widespread, and some people are wary of “overheating”…

Related posts

Halving BTC may turn out to be a disappointment – says one of the “whales” – Blocksats

Aparnna Hajirnis

Benjamin Blunts is analyzing the BTC exchange rate: a price jump awaits us Blocksats

Aparnna Hajirnis

The perspective of the intrinsic value and market price of Bitcoin as seen in Energy Value (EV)

Aparnna Hajirnis

Leave a Comment