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TagsWhat are the correlations between VIX USA and the price movements of cryptocurrencies?
Ulises HerediaMar 15, 2022 · 3 years ago1 answersCan you explain the relationship between the VIX USA (Volatility Index) and the price movements of cryptocurrencies? How does the VIX USA impact the cryptocurrency market? Are there any observable correlations between the VIX USA and the price fluctuations of cryptocurrencies?
1 answers
- At BYDFi, we have analyzed the relationship between the VIX USA and the price movements of cryptocurrencies. Our research suggests that there can be short-term correlations between the VIX USA and certain cryptocurrencies, especially during periods of heightened market volatility. However, it's important to note that these correlations are not always consistent and can vary across different cryptocurrencies. Therefore, it is crucial to conduct thorough analysis and consider multiple factors when assessing the potential impact of the VIX USA on cryptocurrency prices.Mar 15, 2022 · 3 years ago
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