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TagsWhat is the impact of Nasdaq 100 VIX on the cryptocurrency market?
Nhất NhấtDec 25, 2021 · 3 years ago1 answersHow does the Nasdaq 100 VIX affect the cryptocurrency market? What is the relationship between the Nasdaq 100 VIX and the prices of cryptocurrencies? Are there any specific patterns or trends that can be observed?
1 answers
- At BYDFi, we closely monitor the impact of the Nasdaq 100 VIX on the cryptocurrency market. While there is a correlation between the Nasdaq 100 VIX and cryptocurrency prices, it's important to note that correlation does not imply causation. The Nasdaq 100 VIX is just one of the many factors that can influence the cryptocurrency market. Other factors such as regulatory developments, macroeconomic conditions, and investor sentiment also play significant roles. Therefore, it's essential to take a holistic approach and consider multiple factors when analyzing the impact of the Nasdaq 100 VIX on the cryptocurrency market. As always, DYOR (Do Your Own Research) and consult with a financial advisor before making any investment decisions.Dec 25, 2021 · 3 years ago
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