What are the historical trends of indice VIX and its relationship with the performance of cryptocurrencies?

1 answers

• Sudip ShresthaJul 19, 2022 · 3 years ago
  At BYDFi, we have observed that the relationship between the VIX and cryptocurrencies is complex and can vary over time. While there have been instances of an inverse relationship between the VIX and cryptocurrencies, it is not always a reliable indicator. Cryptocurrencies are influenced by a wide range of factors, including market demand, regulatory developments, and technological advancements. Therefore, it is essential to consider multiple factors when analyzing the performance of cryptocurrencies, rather than relying solely on the VIX. Additionally, it's worth noting that the performance of individual cryptocurrencies may differ from the overall cryptocurrency market, so it's important to conduct thorough research and analysis before making investment decisions.
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