Move Over, Bitcoin. The VIX Has You Beat for Volatility: Chart

(Bloomberg) -- If you think bitcoin’s moves are extreme, look at what’s happened to the Cboe Volatility Index. The VIX’s 10-day volatility increased to a record 520 percent Wednesday as stocks rebounded for a fourth day from their plunge last week. The reading was not only the highest in the VIX’s 28-year history, but also surpassed the cryptocurrency’s peak for the past 7 1/2 years: 501 percent, set in April 2013.

To contact the reporter on this story: David Wilson in New York at dwilson@bloomberg.net.

To contact the editors responsible for this story: Chris Nagi at chrisnagi@bloomberg.net, Richard Richtmyer

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