How does VIX pre-market affect the volatility of digital currencies?

1 answers

• Nov 24, 2021 · 3 years ago
  At BYDFi, we closely monitor the impact of the VIX pre-market on the volatility of digital currencies. The VIX pre-market can provide valuable insights into the overall market sentiment and risk appetite, which can influence the price movements of digital currencies. When the VIX pre-market indicates higher levels of volatility, it often corresponds to increased price fluctuations in digital currencies. This can present both opportunities and risks for traders and investors. It's important to carefully analyze the relationship between the VIX pre-market and digital currencies, taking into consideration other market factors and conducting thorough research before making any trading decisions.
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