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Bitcoin and Stocks Dip as Volatility Spikes

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Bitcoin and Stocks Dip as Volatility Spikes


The stock market declines came after retail and tech stocks underperformed on Wednesday. Also, the Chicago Board Options Exchange’s CBOE Volatility Index (VIX), a popular measure of the stock market’s expectation of volatility based on S&P 500 index options, ticked higher on Wednesday, reversing a week-long downtrend.

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