What is the correlation between India VIX chart and cryptocurrency prices?

3 answers

• Nov 24, 2021 · 3 years ago
  The India VIX chart and cryptocurrency prices are not directly correlated. The India VIX is a volatility index that measures the expected volatility in the Indian stock market. Cryptocurrency prices, on the other hand, are influenced by various factors such as market demand, investor sentiment, and regulatory developments. While both the India VIX and cryptocurrency prices are indicators of market volatility, they do not have a direct causal relationship.
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• Nov 24, 2021 · 3 years ago
  The India VIX chart and cryptocurrency prices may have some correlation, but it is not a strong or consistent relationship. The India VIX measures the expected volatility in the Indian stock market, while cryptocurrency prices are influenced by global market trends and investor sentiment. It is possible that during periods of high market volatility, both the India VIX and cryptocurrency prices may experience increased volatility, but this correlation is not always present.
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• Nov 24, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that there is no significant correlation between the India VIX chart and cryptocurrency prices. Cryptocurrency prices are driven by factors such as market demand, technological advancements, and regulatory developments. While the India VIX measures volatility in the Indian stock market, it does not directly impact the value of cryptocurrencies. Therefore, it is important to analyze cryptocurrency prices based on their own market dynamics rather than relying on the India VIX chart.
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