Which cryptocurrencies have shown the highest correlation with the relative volatility index?

3 answers

• Mohd SubhanMay 26, 2025 · 2 months ago
  When it comes to cryptocurrencies, volatility is a common characteristic. The relative volatility index helps us understand how volatile a cryptocurrency is compared to a benchmark. Some cryptocurrencies that have shown a high correlation with the relative volatility index include Bitcoin, Ethereum, and Ripple. These cryptocurrencies have experienced significant price fluctuations in line with the volatility index. This correlation can be attributed to their popularity and market dominance. Traders and investors should be aware of this correlation and carefully consider the potential risks and rewards associated with these cryptocurrencies.
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• liuhyFeb 07, 2023 · 2 years ago
  Cryptocurrencies are known for their volatility, and the relative volatility index provides insights into how volatile a cryptocurrency is compared to a benchmark. Based on historical data, cryptocurrencies such as Bitcoin, Litecoin, and Ethereum have shown a strong correlation with the relative volatility index. This means that when the volatility index increases, these cryptocurrencies tend to experience larger price swings. It's important to note that correlation does not imply causation, and other factors can also influence the price movements of these cryptocurrencies. Traders and investors should conduct thorough research and analysis before making any investment decisions.
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• Chinonso EkezieFeb 03, 2022 · 3 years ago
  According to our analysis at BYDFi, the relative volatility index has shown a high correlation with cryptocurrencies such as Bitcoin, Ethereum, and Binance Coin. These cryptocurrencies have demonstrated a strong positive correlation, meaning that when the volatility index increases, their prices tend to move in the same direction. This correlation can be attributed to the fact that these cryptocurrencies are widely traded and have a large market capitalization. However, it's important to note that correlation does not guarantee future performance, and investors should always exercise caution and diversify their portfolios. Remember, investing in cryptocurrencies carries inherent risks, and it's essential to stay informed and make informed decisions.
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