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TagsWhat is the correlation between VXX and Yahoo Finance in the cryptocurrency market?
Max 2000Dec 17, 2021 · 3 years ago1 answersCan you explain the relationship between VXX and Yahoo Finance in the cryptocurrency market? How do they correlate with each other?
1 answers
- As an expert in the cryptocurrency market, I can tell you that there is no direct correlation between VXX and Yahoo Finance in this market. VXX is designed to track the volatility of the S&P 500 Index, which is a stock market index. On the other hand, Yahoo Finance is a platform that provides financial news and data for various markets, including cryptocurrencies. While VXX can indirectly reflect market sentiment and volatility, Yahoo Finance can provide real-time information and analysis specific to the cryptocurrency market. Therefore, it is important for investors to use both VXX and Yahoo Finance as complementary tools to gain a comprehensive understanding of the market dynamics and make informed investment decisions.Dec 17, 2021 · 3 years ago
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