[BRIEFING.COM] The major averages continue to chart new session lows with less than two hours remaining in today's action.
The Vix Volatility Index has surged 12.0% to 22.26, implying there are elevated worries about market volatility over the next thirty days.
Coinbase Global's (COIN 258.74, -25.26, -8.89%) loss now nears double digits as Bitcoin continues to fall. Bloomberg reports that since October highs, the total value of the cryptocurrency has plunged by roughly $600 billion.