How does the performance of VIXY and VXX correlate with the overall cryptocurrency market?

1 answers

• Jan 12, 2022 · 3 years ago
  As an expert in the cryptocurrency industry, I can say that the performance of VIXY and VXX has minimal direct impact on the overall cryptocurrency market. Cryptocurrencies operate on a different set of principles and are influenced by factors such as market demand, adoption, and technological advancements. While there may be some indirect correlation between stock market volatility and cryptocurrency market sentiment, it is not a direct relationship. Therefore, it is important to consider other factors when analyzing the performance of the cryptocurrency market.
  569285