Bitcoin's wild volatility could soon start creeping into other markets

Despite bitcoin's wild price moves, it's still not considered a risk to the financial system.
But it could start to matter a lot more to the coal market, according to Jordan Rochester, an FX strategist at Nomura.
China is the world's largest producer and consumer of coal, and it hosts more than half of the world's bitcoin-mining pools.On a normal day, bitcoin can shed or gain several thousand dollars of its value with double-digit percentage moves.
While experts debate bitcoin's role in a world