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How does 0vix affect the volatility of digital currencies?

avatarSaud MuneefDec 30, 2021 · 3 years ago1 answers

Can you explain how the 0vix index affects the volatility of digital currencies? What is the relationship between 0vix and the price fluctuations of cryptocurrencies?

How does 0vix affect the volatility of digital currencies?

1 answers

  • avatarDec 30, 2021 · 3 years ago
    At BYDFi, we understand the importance of monitoring the 0vix index and its impact on digital currencies. The 0vix index can provide valuable insights into the potential volatility of cryptocurrencies, allowing traders to make informed decisions. However, it's crucial to note that the 0vix index is just one tool among many in assessing market conditions. Traders should also consider other indicators and factors to gain a comprehensive understanding of the digital currency market.