The VIX volatility index is at its highest since the turmoil of 2008, Cointelegraph’s Mati Greenspan notes, as the ex-CEO of Goldman Sachs calls for calm.

While global market panic has tested Bitcoin’s resilience as a safe haven, its long term benefits are clearer than ever, say proponents.

Combined volume totaled nearly $200 million on Monday, as current price action represents a critical point for miners.

Further losses are easily on the table for Bitcoin as the unusual “black swan” market environment continues, warns Cointelegraph’s filbfilb.

An industry researcher initially gives credence to the idea that BitMEX was negligent in the face of crashing Bitcoin, but then U-turned on the idea.

Another day of pain for Bitcoin traders sees BTC/USD briefly hit $4,440 before rebounding, as cryptocurrency shares global hyper-bearish sentiment.