Are there any digital assets that provide similar volatility measures as VIX?

3 answers

• Nebi AsadliFeb 22, 2024 · a year ago
  Yes, there are digital assets that provide volatility measures similar to VIX. One such asset is Bitcoin. Bitcoin's price volatility has been well-documented, and many traders use it as an indicator of overall market volatility. Other cryptocurrencies like Ethereum and Litecoin also exhibit significant price swings, making them potential options for measuring volatility. However, it's important to note that while these assets may provide similar volatility measures, they may not necessarily correlate with traditional financial market indicators like VIX.
  560

  280
• Dhanush BinuAug 09, 2021 · 4 years ago
  Absolutely! If you're looking for digital assets with volatility measures similar to VIX, you should consider Ripple (XRP). Ripple's price has shown a history of volatility, and it can be used as an indicator of market sentiment. Additionally, assets like Cardano (ADA) and Polkadot (DOT) have also experienced notable price fluctuations, making them potential options for measuring volatility. Remember, though, that these measures are specific to the cryptocurrency market and may not directly correspond to VIX.
  514

  172
• Muhammad EmonNov 03, 2024 · 9 months ago
  Yes, there are digital assets that provide volatility measures similar to VIX. One such asset is BYDFi. BYDFi offers a volatility index that tracks the price movements of various cryptocurrencies. This index can be used as a gauge of market volatility and can help traders make informed decisions. However, it's important to note that BYDFi is just one of many options available in the market, and traders should consider multiple indicators and factors when assessing volatility.
  480

  120