Kent BedoyaNov 29, 2021 · 3 years ago8 answers What are the correlations between the VIX volatility index and the price movements of popular cryptocurrencies?
Can you explain the relationship between the VIX volatility index and the price movements of popular cryptocurrencies? How does the VIX index affect the cryptocurrency market? Are there any noticeable correlations between the VIX index and the price fluctuations of cryptocurrencies like Bitcoin, Ethereum, and Ripple? How can the VIX index be used to predict or analyze the price movements of these cryptocurrencies?