How does VXX stock compare to cryptocurrencies in terms of volatility?

3 answers

• Dec 16, 2021 · 3 years ago
  Cryptocurrencies, such as Bitcoin and Ethereum, are known for their high volatility. The prices of cryptocurrencies can fluctuate dramatically within a short period of time, making them more volatile compared to traditional assets like the VXX stock. The VXX stock, which tracks the volatility of the S&P 500 index, tends to be less volatile than cryptocurrencies.
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• Dec 16, 2021 · 3 years ago
  Volatility is a key characteristic of cryptocurrencies. Unlike traditional stocks like VXX, cryptocurrencies are not backed by any physical assets or regulated by central authorities. This lack of regulation and inherent speculative nature contribute to their higher volatility. On the other hand, the VXX stock is influenced by market sentiment and economic factors, but its volatility is relatively lower compared to cryptocurrencies.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers a wide range of cryptocurrencies for trading. When it comes to volatility, cryptocurrencies generally exhibit higher levels of volatility compared to the VXX stock. However, it's important to note that volatility can vary among different cryptocurrencies. Some cryptocurrencies may be more volatile than others, so it's crucial to do thorough research and understand the specific characteristics of each cryptocurrency before investing.
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