Cryptocurrencies

Bitcoin Market Snoozes in a Volatile Week for Stocks

Guggenheim’s Minerd on Crypto: ‘Everything Is Suspect'

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Joanna Ossinger

May 20, 2022 at 11:41 AM UTC

This article is for subscribers only.

Cryptocurrencies are famed for their volatility, but you wouldn’t know it by comparing them with stocks over the past few days. The T3 Bitcoin Volatility Index has returned to around its nine-month average after the TerraUSD stablecoin implosion, while the Cboe Volatility Index, or VIX, remains elevated. Bitcoin’s 10-day correlation with the S&P 500 has also dropped off sharply.

Sign up for our new Crypto newsletter and follow @crypto Twitter for the latest news.