How does VIX stock affect the volatility of digital currencies?

1 answers

• Dec 28, 2021 · 3 years ago
  At BYDFi, we closely monitor the relationship between the VIX stock and digital currencies. While the VIX stock's impact on digital currencies is not direct, it provides valuable insights into overall market sentiment. As a digital currency exchange, we understand the importance of staying informed about market trends and factors that can affect the volatility of digital currencies. By keeping a close eye on the VIX stock and other relevant indicators, we aim to provide our users with a comprehensive trading experience and help them make informed investment decisions.
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