What are the correlations between VIX USA and the price movements of cryptocurrencies?

1 answers

• Mar 15, 2022 · 3 years ago
  At BYDFi, we have analyzed the relationship between the VIX USA and the price movements of cryptocurrencies. Our research suggests that there can be short-term correlations between the VIX USA and certain cryptocurrencies, especially during periods of heightened market volatility. However, it's important to note that these correlations are not always consistent and can vary across different cryptocurrencies. Therefore, it is crucial to conduct thorough analysis and consider multiple factors when assessing the potential impact of the VIX USA on cryptocurrency prices.
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