Are there any correlations between VIX futures and major cryptocurrencies like Bitcoin and Ethereum?

1 answers

• Nov 25, 2021 · 3 years ago
  Yes, there can be correlations between VIX futures and major cryptocurrencies like Bitcoin and Ethereum. The VIX is a measure of market volatility, and when there is increased volatility in the stock market, it can impact investor sentiment and risk appetite. This can indirectly affect the prices of cryptocurrencies like Bitcoin and Ethereum. If there is a spike in the VIX, it may indicate a higher level of fear and uncertainty among investors, which can lead them to sell off their holdings in cryptocurrencies and move to more stable assets. However, it's important to note that correlations can vary and are not always consistent, so it's crucial to consider other factors and conduct thorough analysis before making any investment decisions.
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