sanish shresthaDec 18, 2021 · 3 years ago2 answers How does the volatility index VIX affect the prices of cryptocurrencies?
Can you explain how the volatility index VIX impacts the prices of cryptocurrencies? I've heard that the VIX is often used as a measure of market volatility in traditional financial markets, but I'm not sure how it relates to cryptocurrencies. Does a higher VIX mean higher or lower prices for cryptocurrencies? And how does this affect trading strategies and investor sentiment?