Metro280Dec 25, 2021 · 3 years ago2 answers Are there any correlations between the VIX panic index and the price movements of cryptocurrencies?
Is there a relationship between the VIX panic index and the price movements of cryptocurrencies? Can the VIX index, which measures market volatility in traditional financial markets, provide any insights into the price fluctuations of cryptocurrencies? Are there any correlations between the VIX index and the price movements of popular cryptocurrencies like Bitcoin, Ethereum, and Litecoin? How does the VIX index react to major events in the cryptocurrency market, such as regulatory announcements or security breaches? Can the VIX index be used as a predictive tool for cryptocurrency price movements?