SHIBOR Indicator Turns Red, Signaling Increased Risk-Taking in Stocks and Bitcoin

A key indicator that is often associated with increased risk-taking in both stocks and Bitcoin has turned red, according to recent data.

The Shanghai Interbank Offered Rate (SHIBOR), which is a benchmark interest rate used by Chinese banks, has been rising steadily over the past few months.

This increase in SHIBOR is seen as a warning sign for investors, as it often precedes a period of increased volatility and risk-taking in both stocks and Bitcoin.

SHIBOR has risen to its highest level since 2015, with the 1-month rate increasing by 20.7% over the past year.