How does VXX impact the value of digital currencies?

1 answers

• Nov 29, 2021 · 3 years ago
  As an expert in the digital currency industry, I can tell you that the VXX can have an impact on the value of digital currencies. When there is a high level of market volatility, investors may become more risk-averse and seek safer investments, which can lead to a decrease in demand for digital currencies. On the other hand, when market volatility is low, investors may be more willing to take on riskier investments, including digital currencies, which can drive up their value. So, while the VXX itself does not directly impact digital currencies, its influence on market volatility can indirectly affect their value.
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