Oil Is Now More Volatile Than Bitcoin

You know that the oil markets have truly gone to the dogs when they are suddenly riskier than one of the world’s most volatile commodities: bitcoin.   Bitcoin and most cryptocurrencies are synonymous with extreme bouts of volatility. However, it’s crude oil that is now earning that dubious distinction after exhibiting price swings wilder than even the leading cryptocurrency. On February 10, West Texas Intermediate (WTI) oil’s one-month realized, or historical, price volatility stood at 105.3%. In contrast, bitcoin's…