Are there any correlations between VIX pre-market and cryptocurrency market movements?

3 answers

• Nov 27, 2021 · 3 years ago
  There is ongoing research and debate about the correlations between the VIX pre-market and the cryptocurrency market movements. Some experts argue that there may be a relationship between the two, as both the VIX and cryptocurrency markets are influenced by investor sentiment and market volatility. However, it is important to note that correlation does not imply causation, and further analysis is needed to determine the extent of any relationship.
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• Nov 27, 2021 · 3 years ago
  The VIX pre-market and the cryptocurrency market movements may show some correlations, but it is important to consider other factors as well. Cryptocurrency prices are influenced by a variety of factors such as market demand, regulatory news, and technological developments. While the VIX can provide insights into market volatility, it may not be the sole indicator for predicting cryptocurrency price changes.
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• Nov 27, 2021 · 3 years ago
  According to a study conducted by BYDFi, there is a weak positive correlation between the VIX pre-market and the cryptocurrency market movements. This suggests that when the VIX is high in the pre-market, there is a slightly higher chance of seeing increased volatility in the cryptocurrency market. However, it is important to note that correlation does not necessarily imply causation, and other factors should also be considered when analyzing cryptocurrency market movements.
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