rikkkkkkkkkeDec 16, 2021 · 3 years ago9 answers Can VIX symbol be used as a predictor for cryptocurrency price movements?
Is it possible to use the VIX symbol as a reliable indicator for predicting the price movements of cryptocurrencies? Can the volatility index, which is commonly used to measure market sentiment in traditional financial markets, be applied to the highly volatile and unique nature of cryptocurrencies? What are the potential advantages and limitations of using the VIX symbol as a predictor for cryptocurrency price movements?